# Contego Capital Group, Inc.

> Contego Capital Group, Inc. is an SEC-registered investment advisory firm in Edina, MN, registered since 2018, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 128518
- Filed as: CONTEGO CAPITAL GROUP, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edina, MN
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/128518
- AdvisorCensus page: https://advisorcensus.com/firm/contego-capital-group-inc-edina-mn-128518

## Quick answers

**How is Contego Capital Group, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Contego Capital Group, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Contego Capital Group, Inc. located?**
Contego Capital Group, Inc.'s principal office is in Edina, MN, according to its Form ADV.

**Is Contego Capital Group, Inc. registered with the SEC or a state?**
Contego Capital Group, Inc. is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 128518.

**How much does Contego Capital Group, Inc. manage?**
Contego Capital Group, Inc. reports $87,999,479 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (100% discretionary).

**How have Contego Capital Group, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Contego Capital Group, Inc.: Regulatory assets under management: $201,430,000 in the October 2021 data and $87,999,479 in the October 2026 data, down 56%. Total employees: 4 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Contego Capital Group, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (88); investment companies (1).

**Which custodians does Contego Capital Group, Inc. use?**
Contego Capital Group, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Alerus Financial Corp. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Contego Capital Group, 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/128518

**Does Contego Capital Group, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated August 28, 2026 says: "Contego generally requires a minimum account size of $ 250,000 to enter into an Advisory Agreement. However, Contego retains the discretion to lower or waive said minimum."

**What changed in Contego Capital Group, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 8. Regulatory assets under management went from $73,270,000 to $87,999,479 (+20%). Registered or notice-filed in IA. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated August 28, 2026)

- Account minimum: $250,000 (the brochure says it may be waived or negotiated)

> Contego generally requires a minimum account size of $ 250,000 to enter into an Advisory Agreement. However, Contego retains the discretion to lower or waive said minimum.

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

### Custodians (Schedule D, Section 5.K(3))
- Alerus Financial Corp.
- Fidelity Brokerage Services LLC

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: $87,999,479
- Discretionary: $87,999,479
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 88 | $37,628,150 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $22,203,155 |
| 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) | Fewer than 5 | $13,814,036 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | Fewer than 5 | $14,354,138 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2018 (8 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IA, MN, ND
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- contegocap.com
- LinkedIn @contego-capital-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $201,430,000 | 4 | March 12, 2021 |
| October 2022 | $174,571,000 | 5 | March 30, 2022 |
| October 2023 | $133,242,000 | 5 | July 26, 2023 |
| October 2024 | $67,882,451 | 5 | May 21, 2024 |
| October 2025 | $73,270,000 | 6 | March 28, 2025 |
| October 2026 | $87,999,479 | 8 | August 28, 2026 |

Regulatory assets under management: $201,430,000 in the October 2021 data and $87,999,479 in the October 2026 data, down 56%.
Total employees: 4 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 8.
- Regulatory assets under management went from $73,270,000 to $87,999,479 (+20%).
- Registered or notice-filed in IA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Contego Capital Group, Inc. (CRD 128518): Form ADV filing data as of October 2026.