AdvisorCensus / Financial advisors / Illinois / Chicago / Blue Line Capital
Blue Line Capital is an SEC-registered investment advisory firm in Chicago, IL, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 17, 2026.
Quick answers
From the filingHow is Blue Line Capital compensated?
On its Form ADV (Item 5.E, October 2026), Blue Line Capital reports these compensation arrangements: a percentage of assets under its management.
What does Blue Line Capital's brochure say about its fees?
Its Form ADV Part 2A brochure dated June 4, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Blue Line Capital located?
Blue Line Capital's principal office is in Chicago, IL, according to its Form ADV.
Is Blue Line Capital registered with the SEC or a state?
Blue Line Capital is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 304024.
How much does Blue Line Capital manage?
Blue Line Capital reports $131,917,783 in regulatory assets under management in its Form ADV filing dated September 17, 2026 (100% discretionary).
What types of clients does Blue Line Capital serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (97); high net worth individuals (24); pension and profit sharing plans (but not the plan participants or government pension plans) (15).
Which custodians does Blue Line Capital use?
Blue Line Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Blue Line Capital 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/304024
Does Blue Line Capital state an account minimum?
Its Form ADV Part 2A brochure dated June 4, 2026 says: "Blue Line Capital typically requires a minimum of $100,000 in order to open an account. To reach this account minimum, clients can aggregate all household accounts."
What changed in Blue Line Capital's recent Form ADV filings?
In the July 2026 filing data: Employees performing advisory functions went from 5 to 7.
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 2AAsset-based fee: 1.5% of assets a year
The brochure's wording
For our asset management services, client will be charged the following annual fee based upon the amount of assets under management: Assets Under Management Annual Fees All Assets 1.50%
Account minimum: $100,000
The brochure's wording
Blue Line Capital typically requires a minimum of $100,000 in order to open an account. To reach this account minimum, clients can aggregate all household accounts.
As stated in the firm's Form ADV Part 2A brochure dated June 4, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$131,917,783 as of October 2026, filing dated September 17, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- Blue Line Capital, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 7. Performing investment advisory functions: 7.
- 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
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9 states or jurisdictions
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
Changes in the filing
Last 12 months- July 2026
- Employees performing advisory functions went from 5 to 7.
- March 2026
- Newly registered with the SEC.
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. Blue Line Capital (CRD 304024): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/blue-line-capital-chicago-il-304024