{
  "crd_number": 128044,
  "slug": "busey-capital-management-inc-urbana-il-128044",
  "primary_business_name": "BUSEY CAPITAL MANAGEMENT, INC.",
  "legal_name": "BUSEY CAPITAL MANAGEMENT, INC.",
  "dbas": [],
  "city": "Urbana",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16580",
  "metro": {
    "cbsa_code": "16580",
    "common_name": "Champaign",
    "msa_name": "Champaign-Urbana, IL",
    "path": "/advisors/il/champaign"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-09-30",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-03-12",
  "carried_forward": false,
  "raum_total": 493841034.0,
  "raum_discretionary": 493841034.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 22,
  "advisory_employees": 19,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 256639283.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 130820910.0,
      "count": 373
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 15956791.0,
      "count": 11
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 90424050.0,
      "count": null,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "IL",
    "IN",
    "MO",
    "NE",
    "PA",
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/128044",
  "city_as_filed": "URBANA",
  "url": "https://advisorcensus.com/firm/busey-capital-management-inc-urbana-il-128044",
  "display_name": "Busey Capital Management, Inc.",
  "summary": "Busey Capital Management, Inc. is an SEC-registered investment advisory firm in Urbana, IL, registered since 2003, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.",
  "citation": "AdvisorCensus. Busey Capital Management, Inc. (CRD 128044): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Busey Capital Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Busey Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is Busey Capital Management, Inc. located?",
      "a": "Busey Capital Management, Inc.'s principal office is in Urbana, IL, according to its Form ADV; the April 2026 filing also lists 8 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Busey Capital Management, Inc. registered with the SEC or a state?",
      "a": "Busey Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 128044."
    },
    {
      "q": "How much does Busey Capital Management, Inc. manage?",
      "a": "Busey Capital Management, Inc. reports $493,841,034 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary)."
    },
    {
      "q": "How have Busey Capital Management, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Busey Capital Management, Inc.: Regulatory assets under management: $481,730,479 in the October 2021 data and $493,841,034 in the October 2026 data, up 3%. 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."
    },
    {
      "q": "What types of clients does Busey Capital Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (373); high net worth individuals (11)."
    },
    {
      "q": "Which custodians does Busey Capital Management, Inc. use?",
      "a": "Busey Capital Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust Company and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Busey Capital Management, Inc. report any disciplinary disclosures?",
      "a": "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/128044"
    },
    {
      "q": "What changed in Busey Capital Management, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 20 to 19. Regulatory assets under management went from $324,676,105 to $493,841,034 (+52%). Added an office in Burr Ridge, IL. Added an office in Champaign, IL. Added an office in Creve Couer, MO. Added an office in Edwardsville, IL. Added an office in Fort Myers, FL. Added an office in Glenview, IL. Added an office in Kansas City, MO. Added an office in Naperville, IL. No longer lists an office in Clayton, MO. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 481730479.0,
      "total_employees": 14,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 500962194.0,
      "total_employees": 17,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 429046595.0,
      "total_employees": 19,
      "filing_date": "2023-03-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 338778528.0,
      "total_employees": 18,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 324676105.0,
      "total_employees": 24,
      "filing_date": "2025-03-12"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 493841034.0,
      "total_employees": 22,
      "filing_date": "2026-03-12"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 20 to 19.",
        "Regulatory assets under management went from $324,676,105 to $493,841,034 (+52%).",
        "Added an office in Burr Ridge, IL.",
        "Added an office in Champaign, IL.",
        "Added an office in Creve Couer, MO.",
        "Added an office in Edwardsville, IL.",
        "Added an office in Fort Myers, FL.",
        "Added an office in Glenview, IL.",
        "Added an office in Kansas City, MO.",
        "Added an office in Naperville, IL.",
        "No longer lists an office in Clayton, MO.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Northern Trust Company",
      "name_as_filed": "NORTHERN TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/busey-capital-management-inc-urbana-il-128044.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 373,
      "fewer_than_5": false,
      "raum": 130820910.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 11,
      "fewer_than_5": false,
      "raum": 15956791.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 256639283.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 90424050.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/128044",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}