# Capital Counsel LLC

> Capital Counsel LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1999, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 109001
- Filed as: CAPITAL COUNSEL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109001
- AdvisorCensus page: https://advisorcensus.com/firm/capital-counsel-llc-new-york-ny-109001

## Quick answers

**How is Capital Counsel LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Capital Counsel LLC reports these compensation arrangements: a percentage of assets under its management.

**Where is Capital Counsel LLC located?**
Capital Counsel LLC's principal office is in New York, NY, according to its Form ADV.

**Is Capital Counsel LLC registered with the SEC or a state?**
Capital Counsel LLC is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 109001.

**How much does Capital Counsel LLC manage?**
Capital Counsel LLC reports $2,874,453,202 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Capital Counsel LLC's assets and staff changed since 2021?**
In the Form ADV data for Capital Counsel LLC: Regulatory assets under management: $2,047,401,344 in the October 2021 data and $2,874,453,202 in the October 2026 data, up 40%. Total employees: 14 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Counsel LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (199); individuals (other than high net worth individuals) (15); charitable organizations (7).

**Which custodians does Capital Counsel LLC use?**
Capital Counsel LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon, N.A. as a custodian holding 10% or more of its separately managed account assets.

**Does Capital Counsel LLC 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/109001

**Does Capital Counsel LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum account size is $2 million. Capital Counsel may, in its discretion, waive this requirement."

**What changed in Capital Counsel LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 9 to 6. Regulatory assets under management went from $2,603,303,319 to $2,874,453,202 (+10%). Registered or notice-filed in KY, OH.

## 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 March 31, 2026)

- Account minimum: $2,000,000 (the brochure says it may be waived or negotiated)

> The minimum account size is $2 million. Capital Counsel may, in its discretion, waive this requirement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Bank of New York Mellon, N.A.

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: $2,874,453,202
- Discretionary: $2,863,252,858
- Non-discretionary: $11,200,344

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 15 | $7,681,706 |
| High net worth individuals | 199 | $2,242,441,927 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $404,281,069 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $15,490,626 |
| Charitable organizations | 7 | $204,557,874 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Financial planning services
- 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
- Publication of periodicals or newsletters

### Firm details
- Registered since: 1999 (26 years)
- Employees: 13 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CT, FL, IL, KY, MA, MD, ME, NE, NH, NJ, NY, OH, PA, SC, TN, TX, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- capcounsel.com
- capitalcounsel.com
- LinkedIn @capital-counsel-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,047,401,344 | 14 | March 31, 2021 |
| October 2022 | $2,586,824,676 | 14 | March 31, 2022 |
| October 2023 | $1,978,456,686 | 13 | March 31, 2023 |
| October 2024 | $2,326,489,479 | 14 | March 28, 2024 |
| October 2025 | $2,603,303,319 | 12 | April 8, 2025 |
| October 2026 | $2,874,453,202 | 13 | March 31, 2026 |

Regulatory assets under management: $2,047,401,344 in the October 2021 data and $2,874,453,202 in the October 2026 data, up 40%.
Total employees: 14 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 9 to 6.
- Regulatory assets under management went from $2,603,303,319 to $2,874,453,202 (+10%).
- Registered or notice-filed in KY, OH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Counsel LLC (CRD 109001): Form ADV filing data as of October 2026.