AdvisorCensus / Financial advisors / New York / New York / Blackhill Capital, Inc
Blackhill Capital, Inc is an SEC-registered investment advisory firm in Morristown, NJ, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.
Quick answers
From the filingHow is Blackhill Capital, Inc compensated?
On its Form ADV (Item 5.E, October 2026), Blackhill Capital, Inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Blackhill Capital, Inc located?
Blackhill Capital, Inc's principal office is in Morristown, NJ, according to its Form ADV.
Is Blackhill Capital, Inc registered with the SEC or a state?
Blackhill Capital, Inc is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105208.
How much does Blackhill Capital, Inc manage?
Blackhill Capital, Inc reports $2,001,172,769 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary).
How have Blackhill Capital, Inc's assets and staff changed since 2021?
In the Form ADV data for Blackhill Capital, Inc: Regulatory assets under management: $852,780,223 in the October 2021 data and $2,001,172,769 in the October 2026 data, up 135%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Blackhill Capital, Inc serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (48); individuals (other than high net worth individuals) (28); charitable organizations (5).
Which custodians does Blackhill Capital, Inc use?
Blackhill Capital, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.
Does Blackhill Capital, Inc report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105208
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 18, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$2,001,172,769 as of October 2026, filing dated March 18, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1988 (38 years)
- Employees
- Total: 4. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $2,001,172,769 | 4 | March 18, 2026 |
| October 2025 | $1,998,854,767 | 4 | March 27, 2025 |
| October 2024 | $1,287,544,058 | 4 | March 20, 2024 |
| October 2023 | $904,495,448 | 4 | March 21, 2023 |
| October 2022 | $1,197,009,075 | 4 | March 23, 2022 |
| October 2021 | $852,780,223 | 4 | March 10, 2021 |
Regulatory assets under management: $852,780,223 in the October 2021 data and $2,001,172,769 in the October 2026 data, up 135%.
Total employees: 4 in October 2021 and 4 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Blackhill Capital, Inc (CRD 105208): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/blackhill-capital-inc-morristown-nj-105208