# 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.

- CRD: 304024
- Filed as: BLUE LINE CAPITAL
- Legal name: Blue Line Capital, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: September 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304024
- AdvisorCensus page: https://advisorcensus.com/firm/blue-line-capital-chicago-il-304024

## Quick answers

**How 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

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated June 4, 2026)

- Asset-based fee: 1.5% of assets a year

> 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

> 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 brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $131,917,783
- Discretionary: $131,707,039
- Non-discretionary: $210,744

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 97 | $25,801,868 |
| High net worth individuals | 24 | $78,728,067 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 15 | $2,604,359 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $24,783,489 |

### 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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IL, MI, NC, NJ, NY, SD, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bluelinecapitalwealth.com
- X @bill_baruch

## 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blue Line Capital (CRD 304024): Form ADV filing data as of October 2026.