AdvisorCensus / Financial advisors / Minnesota / Minneapolis / Galliard Capital Management
Galliard Capital Management
Filed as GALLIARD CAPITAL MANAGEMENT · Legal name Galliard Capital Management, LLC
Galliard Capital Management is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 1995, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.
Quick answers
From the filingHow is Galliard Capital Management compensated?
On its Form ADV (Item 5.E, October 2026), Galliard Capital Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Galliard Capital Management located?
Galliard Capital Management's principal office is in Minneapolis, MN, according to its Form ADV.
Is Galliard Capital Management registered with the SEC or a state?
Galliard Capital Management is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 106487.
How much does Galliard Capital Management manage?
Galliard Capital Management reports $80,266,203,713 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (99% discretionary).
How have Galliard Capital Management's assets and staff changed since 2021?
In the Form ADV data for Galliard Capital Management: Regulatory assets under management: $95,412,020,999 in the October 2021 data and $80,266,203,713 in the October 2026 data, down 16%. Total employees: 104 in October 2021 and 89 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Galliard Capital Management serve?
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (104); state or municipal government entities (including government pension plans) (47); charitable organizations (15).
Which custodians does Galliard Capital Management use?
Galliard Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon, N.A. as a custodian holding 10% or more of its separately managed account assets.
Does Galliard Capital Management 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/106487
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 20, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$80,266,203,713 as of October 2026, filing dated March 20, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
- 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)
Registration and firm details
Items 1, 2, 5- Legal name
- Galliard Capital Management, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1995 (31 years)
- Employees
- Total: 89. Performing investment advisory functions: 20.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
53 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $80,266,203,713 | 89 | March 20, 2026 |
| October 2025 | $80,355,332,268 | 94 | July 2, 2025 |
| October 2024 | $85,511,782,543 | 102 | September 9, 2024 |
| October 2023 | $91,977,426,165 | 79 | September 29, 2023 |
| October 2022 | $92,080,456,900 | 79 | May 27, 2022 |
| October 2021 | $95,412,020,999 | 104 | September 27, 2021 |
Regulatory assets under management: $95,412,020,999 in the October 2021 data and $80,266,203,713 in the October 2026 data, down 16%.
Total employees: 104 in October 2021 and 89 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Galliard Capital Management (CRD 106487): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/galliard-capital-management-minneapolis-mn-106487