# Bristol Gate Capital Partners Inc.

> Bristol Gate Capital Partners Inc. is an SEC-registered investment advisory firm in Toronto, Canada, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.

- CRD: 175139
- Filed as: BRISTOL GATE CAPITAL PARTNERS INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, Canada
- Filing period: October 2026
- Form ADV filing dated: May 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/175139
- AdvisorCensus page: https://advisorcensus.com/firm/bristol-gate-capital-partners-inc-toronto-175139

## Quick answers

**How is Bristol Gate Capital Partners Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Bristol Gate Capital Partners Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Bristol Gate Capital Partners Inc. located?**
Bristol Gate Capital Partners Inc.'s principal office is in Toronto, Canada, according to its Form ADV.

**Is Bristol Gate Capital Partners Inc. registered with the SEC or a state?**
Bristol Gate Capital Partners Inc. is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 175139.

**How much does Bristol Gate Capital Partners Inc. manage?**
Bristol Gate Capital Partners Inc. reports $1,512,642,341 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary).

**How have Bristol Gate Capital Partners Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Bristol Gate Capital Partners Inc.: Regulatory assets under management: $1,704,074,150 in the October 2021 data and $1,512,642,341 in the October 2026 data, down 11%. Total employees: 14 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bristol Gate Capital Partners Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (487); individuals (other than high net worth individuals) (160); corporations or other businesses not listed above (49).

**Which custodians does Bristol Gate Capital Partners Inc. use?**
Bristol Gate Capital Partners Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Investor Services Trust and UBS Financial Services Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Bristol Gate Capital Partners 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/175139

**What changed in Bristol Gate Capital Partners Inc.'s recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 11 to 12. Regulatory assets under management went from $2,077,514,400 to $1,512,642,341 (-27%). Registered or notice-filed in KY.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- RBC Investor Services Trust
- UBS Financial Services 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: $1,512,642,341
- Discretionary: $1,512,642,341
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 160 | $33,146,120 |
| High net worth individuals | 487 | $277,887,280 |
| 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) | 8 | $877,184,086 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $152,827,458 |
| Charitable organizations | 20 | $68,985,163 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | Fewer than 5 | $6,953,122 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 49 | $95,659,112 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2015 (11 years)
- Employees: 22 total, 12 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AL, AZ, CA, CO, CT, DC, FL, GA, IL, IN, KY, LA, MA, MD, MI, MN, MS, NC, NE, NH, NJ, NV, NY, OH, OK, PA, SC, TN, TX, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bristolgate.com
- vimeo.com/bristolgate
- Facebook @BristolGate
- LinkedIn @bristolgate
- X @BRISTOLGATE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,704,074,150 | 14 | May 3, 2021 |
| October 2022 | $2,074,876,670 | 16 | May 20, 2022 |
| October 2023 | $1,874,911,194 | 19 | May 26, 2023 |
| October 2024 | $2,159,136,231 | 20 | May 24, 2024 |
| October 2025 | $2,077,514,400 | 20 | May 23, 2025 |
| October 2026 | $1,512,642,341 | 22 | May 21, 2026 |

Regulatory assets under management: $1,704,074,150 in the October 2021 data and $1,512,642,341 in the October 2026 data, down 11%.
Total employees: 14 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 11 to 12.
- Regulatory assets under management went from $2,077,514,400 to $1,512,642,341 (-27%).
- Registered or notice-filed in KY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bristol Gate Capital Partners Inc. (CRD 175139): Form ADV filing data as of October 2026.