{ "crd_number": 281399, "slug": "cynosure-group-llc-salt-lake-city-ut-281399", "primary_business_name": "CYNOSURE GROUP, LLC", "legal_name": "THE CYNOSURE GROUP", "dbas": [ "CYNOSURE CAPITAL MANAGEMENT", "CYNOSURE ELEVATIONS", "CYNOSURE PARTNERS", "CYNOSURE STRATEGIES", "CYNOSURE WEALTH ADVISORS", "CYNOSURE | CHECKETTS SPORTS CAPITAL" ], "city": "Salt Lake City", "state": "UT", "country": "United States", "cbsa_code": "41620", "metro": { "cbsa_code": "41620", "common_name": "Salt Lake City", "msa_name": "Salt Lake City-Murray, UT", "path": "/advisors/ut/salt-lake-city" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2015-12-14", "years_registered": 10, "period": "2026-10-01", "filing_date": "2026-09-24", "carried_forward": false, "raum_total": 9847984409.0, "raum_discretionary": 9847984409.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 71, "advisory_employees": 30, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 3440396713.0, "count": 11 }, "other_investment_advisers": { "raum": 82183259.0, "count": 1 }, "high_net_worth_individuals": { "raum": 1640389572.0, "count": 76 }, "pooled_investment_vehicles": { "raum": 4685014865.0, "count": 60 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "CT", "DE", "FL", "IL", "KS", "MA", "MD", "NJ", "NY", "UT" ], "websites": [ "https://cynosurecapitalmanagement.com", "https://cynosurecheckettssportcapital.com", "https://cynosurecheckettssportscapital.com", "https://cynosureelevations.com", "https://cynosuregroup.com", "https://cynosurepartners.com", "https://cynosurestrategies.co", "https://cynosurewealthadvisors.com", "https://linkedin.com/company/the-cynosure-group" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281399", "city_as_filed": "SALT LAKE CITY", "url": "https://advisorcensus.com/firm/cynosure-group-llc-salt-lake-city-ut-281399", "display_name": "Cynosure Group, LLC", "summary": "Cynosure Group, LLC is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2015, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.", "citation": "AdvisorCensus. Cynosure Group, LLC (CRD 281399): 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)", "Performance-based fees" ], "advisory_activity_labels": [ "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", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Cynosure Group, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Cynosure Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees." }, { "q": "Where is Cynosure Group, LLC located?", "a": "Cynosure Group, LLC's principal office is in Salt Lake City, UT, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Cynosure Group, LLC registered with the SEC or a state?", "a": "Cynosure Group, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 281399." }, { "q": "How much does Cynosure Group, LLC manage?", "a": "Cynosure Group, LLC reports $9,847,984,409 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (100% discretionary)." }, { "q": "How have Cynosure Group, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Cynosure Group, LLC: Regulatory assets under management: $1,736,060,635 in the October 2021 data and $9,847,984,409 in the October 2026 data, up 467%. Total employees: 17 in October 2021 and 71 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Cynosure Group, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (76); pooled investment vehicles (other than investment companies and business development companies) (60); charitable organizations (11)." }, { "q": "Which custodians does Cynosure Group, LLC use?", "a": "Cynosure Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC, J.P. Morgan Securities LLC and Northern Trust Securities, Inc. as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Cynosure Group, LLC 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/281399" }, { "q": "Does Cynosure Group, LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"CCM generally requires a minimum account size of $50 million for new client relationships, although it may waive or reduce that minimum in its discretion.\"" }, { "q": "What changed in Cynosure Group, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Added the business name Cynosure | Checketts Sports Capital. Added the business name Cynosure Elevations. Regulatory assets under management went from $6,565,356,221 to $9,847,984,409 (+50%). Added an office in Holmdel, NJ. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1736060635.0, "total_employees": 17, "filing_date": "2021-09-03" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2298054669.0, "total_employees": 27, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2526765312.0, "total_employees": 33, "filing_date": "2023-07-06" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4862981883.0, "total_employees": 49, "filing_date": "2024-09-10" }, { "period": "2025-10-01", "regulatory_assets_under_management": 6565356221.0, "total_employees": 43, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 9847984409.0, "total_employees": 71, "filing_date": "2026-09-24" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Added the business name Cynosure | Checketts Sports Capital.", "Added the business name Cynosure Elevations.", "Regulatory assets under management went from $6,565,356,221 to $9,847,984,409 (+50%).", "Added an office in Holmdel, NJ.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in TX." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 31, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "$50,000,000", "account_minimum_may_be_waived": true, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: $50,000,000 (the brochure says it may be waived or negotiated)" ], "quotes": [ "CCM generally requires a minimum account size of $50 million for new client relationships, although it may waive or reduce that minimum in its discretion." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 50000000.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "CCM generally requires a minimum account size of $50 million for new client relationships, although it may waive or reduce that minimum in its discretion." ], "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 }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false }, { "name": "J.P. Morgan Securities LLC", "name_as_filed": "J.P. MORGAN SECURITIES LLC", "affiliated": false }, { "name": "Northern Trust Securities, Inc.", "name_as_filed": "NORTHERN TRUST SECURITIES, 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/cynosure-group-llc-salt-lake-city-ut-281399.md", "clients": [ { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 76, "fewer_than_5": false, "raum": 1640389572.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 60, "fewer_than_5": false, "raum": 4685014865.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 11, "fewer_than_5": false, "raum": 3440396713.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 1, "fewer_than_5": false, "raum": 82183259.0 } ], "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/281399", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }