# Cultivation Capital, LLC

> Cultivation Capital, LLC is an SEC-registered investment advisory firm in St. Louis, MO, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 9, 2026.

- CRD: 168734
- Filed as: CULTIVATION CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: St. Louis, MO
- Filing period: October 2026
- Form ADV filing dated: June 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168734
- AdvisorCensus page: https://advisorcensus.com/firm/cultivation-capital-llc-st-louis-mo-168734

## Quick answers

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

**How much does Cultivation Capital, LLC charge?**
Its Form ADV Part 2A brochure dated June 9, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Cultivation Capital, LLC located?**
Cultivation Capital, LLC's principal office is in St. Louis, MO, according to its Form ADV; the July 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Cultivation Capital, LLC registered with the SEC or a state?**
Cultivation Capital, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 168734.

**How much does Cultivation Capital, LLC manage?**
Cultivation Capital, LLC reports $416,351,000 in regulatory assets under management in its Form ADV filing dated June 9, 2026 (100% discretionary).

**What types of clients does Cultivation Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (17).

**Does Cultivation Capital, 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/168734

**Does Cultivation Capital, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated June 9, 2026 says: "There is currently no minimum investment requirement. However, the General Partners of the Funds, in their sole discretion, may permit or deny investments into the funds."

**What changed in Cultivation Capital, LLC's recent Form ADV filings?**
In the June 2026 filing data: 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
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated June 9, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> CC will receive a Management Fee that is calculated and paid quarterly in advance ... in an amount equal to a maximum of 2.00% per annum of the net asset value of the Limited Partner’s closing Capital Account

- Account minimum: None (the brochure says it may be waived or negotiated)

> There is currently no minimum investment requirement. However, the General Partners of the Funds, in their sole discretion, may permit or deny investments into the funds.

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

### Regulatory assets under management (Item 5.F)
- Total: $416,351,000
- Discretionary: $416,351,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 17 | $416,351,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 18 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MO
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Chicago, IL
- Greenville, SC
- Philadelphia, PA
- Sant Louis, MO

### Websites listed on Form ADV (Item 1.I)
- cultivationcapital.com
- Facebook @CULTIVATIONCAPITAL
- LinkedIn @CULTIVATION-CAPITAL
- X @CULTIVATIONCAP
- YouTube @cultivationcapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | May 21, 2021 |
| October 2022 | Not reported | Not reported | March 31, 2022 |
| October 2023 | Not reported | Not reported | March 31, 2023 |
| October 2024 | Not reported | Not reported | March 28, 2024 |
| October 2025 | Not reported | Not reported | July 8, 2025 |
| October 2026 | $416,351,000 | 18 | June 9, 2026 |


## Changes in the filing (last 12 months)

### June 2026
- Updated its list of owners and control persons (Schedule A).

### May 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Changed its office addresses in Sant Louis, MO.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cultivation Capital, LLC (CRD 168734): Form ADV filing data as of October 2026.