{
  "crd_number": 106487,
  "slug": "galliard-capital-management-minneapolis-mn-106487",
  "primary_business_name": "GALLIARD CAPITAL MANAGEMENT",
  "legal_name": "GALLIARD CAPITAL MANAGEMENT, LLC",
  "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": "1995-08-10",
  "years_registered": 31,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 80266203713.0,
  "raum_discretionary": 79185709306.0,
  "raum_non_discretionary": 1080494407.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 89,
  "advisory_employees": 20,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 1418373158.0,
      "count": 10,
      "description": "TAFT HARTLEY"
    },
    "charitable": {
      "raum": 3033209924.0,
      "count": 15
    },
    "state_municipal": {
      "raum": 26539780344.0,
      "count": 47
    },
    "insurance_companies": {
      "raum": 756981984.0,
      "count": 4,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 602415437.0,
      "count": 2
    },
    "pension_profit_sharing": {
      "raum": 34084949179.0,
      "count": 104
    },
    "pooled_investment_vehicles": {
      "raum": 13545690915.0,
      "count": 4
    },
    "corporations_other_businesses": {
      "raum": 284802772.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://allspringglobal.com",
    "https://galliard.com",
    "https://linkedin.com/company/galliard-capital-management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106487",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/galliard-capital-management-minneapolis-mn-106487",
  "display_name": "Galliard Capital Management",
  "summary": "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.",
  "citation": "AdvisorCensus. Galliard Capital Management (CRD 106487): 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": [
    "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)"
  ],
  "quick_answers": [
    {
      "q": "How is Galliard Capital Management compensated?",
      "a": "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). The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Galliard Capital Management located?",
      "a": "Galliard Capital Management's principal office is in Minneapolis, MN, according to its Form ADV."
    },
    {
      "q": "Is Galliard Capital Management registered with the SEC or a state?",
      "a": "Galliard Capital Management is an SEC-registered investment advisory firm, registered since 1995. Status as filed: Approved. CRD 106487."
    },
    {
      "q": "How much does Galliard Capital Management manage?",
      "a": "Galliard Capital Management reports $80,266,203,713 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (99% discretionary)."
    },
    {
      "q": "How have Galliard Capital Management's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Galliard Capital Management serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Galliard Capital Management use?",
      "a": "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."
    },
    {
      "q": "Does Galliard Capital Management 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/106487"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 95412020999.0,
      "total_employees": 104,
      "filing_date": "2021-09-27"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 92080456900.0,
      "total_employees": 79,
      "filing_date": "2022-05-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 91977426165.0,
      "total_employees": 79,
      "filing_date": "2023-09-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 85511782543.0,
      "total_employees": 102,
      "filing_date": "2024-09-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 80355332268.0,
      "total_employees": 94,
      "filing_date": "2025-07-02"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 80266203713.0,
      "total_employees": 89,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "The Bank of New York Mellon, N.A.",
      "name_as_filed": "THE BANK OF NEW YORK MELLON, N.A.",
      "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/galliard-capital-management-minneapolis-mn-106487.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 2,
      "fewer_than_5": false,
      "raum": 602415437.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 4,
      "fewer_than_5": false,
      "raum": 13545690915.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 104,
      "fewer_than_5": false,
      "raum": 34084949179.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 15,
      "fewer_than_5": false,
      "raum": 3033209924.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 47,
      "fewer_than_5": false,
      "raum": 26539780344.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 4,
      "fewer_than_5": true,
      "raum": 756981984.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 284802772.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 10,
      "fewer_than_5": false,
      "raum": 1418373158.0
    }
  ],
  "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/106487",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
