{
  "crd_number": 107823,
  "slug": "compass-capital-management-inc-minneapolis-mn-107823",
  "primary_business_name": "COMPASS CAPITAL MANAGEMENT INC",
  "legal_name": "COMPASS CAPITAL MANAGEMENT INC",
  "dbas": [],
  "city": "Minneapolis",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-06-10",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 2556854435.0,
  "raum_discretionary": 2380281132.0,
  "raum_non_discretionary": 176573303.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 20,
  "advisory_employees": 10,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 149640667.0,
      "count": 21
    },
    "individuals": {
      "raum": 46919498.0,
      "count": 101
    },
    "pension_profit_sharing": {
      "raum": 234327584.0,
      "count": 30
    },
    "high_net_worth_individuals": {
      "raum": 1864811011.0,
      "count": 278
    },
    "corporations_other_businesses": {
      "raum": 261155675.0,
      "count": 13
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AZ",
    "CA",
    "CO",
    "FL",
    "IA",
    "IL",
    "MI",
    "MN",
    "ND",
    "NJ",
    "NY",
    "OK",
    "SD",
    "TX",
    "VA",
    "WI",
    "WY"
  ],
  "websites": [
    "https://compasscap.com",
    "https://linkedin.com/COMPANY/COMPASS-CAPITAL-MANAGEMENT-INC."
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107823",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/compass-capital-management-inc-minneapolis-mn-107823",
  "display_name": "Compass Capital Management Inc",
  "summary": "Compass Capital Management Inc is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Compass Capital Management Inc (CRD 107823): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Compass Capital Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Compass Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Compass Capital Management Inc located?",
      "a": "Compass Capital Management Inc's principal office is in Minneapolis, MN, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Compass Capital Management Inc registered with the SEC or a state?",
      "a": "Compass Capital Management Inc is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 107823."
    },
    {
      "q": "How much does Compass Capital Management Inc manage?",
      "a": "Compass Capital Management Inc reports $2,556,854,435 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (93% discretionary)."
    },
    {
      "q": "How have Compass Capital Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Compass Capital Management Inc: Regulatory assets under management: $1,733,251,837 in the October 2021 data and $2,556,854,435 in the October 2026 data, up 48%. Total employees: 15 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Compass Capital Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (278); individuals (other than high net worth individuals) (101); pension and profit sharing plans (but not the plan participants or government pension plans) (30)."
    },
    {
      "q": "Which custodians does Compass Capital Management Inc use?",
      "a": "Compass Capital Management Inc'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."
    },
    {
      "q": "Does Compass 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/107823"
    },
    {
      "q": "Does Compass Capital Management Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 says: \"As a general matter, the minimum client account size is $1,000,000. We may aggregate related accounts for the purpose of determining whether the minimum account size standard has been met and may permit smaller accounts if we reasonably believe they will grow above the minimum size.\""
    },
    {
      "q": "What changed in Compass Capital Management Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Registered or notice-filed in IL, VA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1733251837.0,
      "total_employees": 15,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2085154063.0,
      "total_employees": 16,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1750961135.0,
      "total_employees": 17,
      "filing_date": "2023-04-17"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1955790396.0,
      "total_employees": 18,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2541898062.0,
      "total_employees": 22,
      "filing_date": "2025-07-15"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2556854435.0,
      "total_employees": 20,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in IL, VA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000"
        ],
        "quotes": [
          "As a general matter, the minimum client account size is $1,000,000. We may aggregate related accounts for the purpose of determining whether the minimum account size standard has been met and may permit smaller accounts if we reasonably believe they will grow above the minimum size."
        ]
      }
    ],
    "quotes": [
      "As a general matter, the minimum client account size is $1,000,000. We may aggregate related accounts for the purpose of determining whether the minimum account size standard has been met and may permit smaller accounts if we reasonably believe they will grow above the minimum size."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/compass-capital-management-inc-minneapolis-mn-107823.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 101,
      "fewer_than_5": false,
      "raum": 46919498.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 278,
      "fewer_than_5": false,
      "raum": 1864811011.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 30,
      "fewer_than_5": false,
      "raum": 234327584.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 21,
      "fewer_than_5": false,
      "raum": 149640667.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 13,
      "fewer_than_5": false,
      "raum": 261155675.0
    }
  ],
  "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/107823",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}