{
  "crd_number": 316524,
  "slug": "gerchen-capital-partners-chicago-il-316524",
  "primary_business_name": "GERCHEN CAPITAL PARTNERS",
  "legal_name": "GERCHEN CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-10-25",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-07-02",
  "carried_forward": false,
  "raum_total": 2107964875.0,
  "raum_discretionary": 1912405761.0,
  "raum_non_discretionary": 195559114.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 23,
  "advisory_employees": 22,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other_investment_advisers": {
      "raum": 36932882.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 2071031993.0,
      "count": 17
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "IL"
  ],
  "websites": [
    "https://gerchen.com",
    "https://linkedin.com/company/gerchen-capital-partners"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/316524",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/gerchen-capital-partners-chicago-il-316524",
  "display_name": "Gerchen Capital Partners",
  "summary": "Gerchen Capital Partners is an SEC-registered investment advisory firm in Chicago, IL, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 2, 2026.",
  "citation": "AdvisorCensus. Gerchen Capital Partners (CRD 316524): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Gerchen Capital Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Gerchen Capital Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is Gerchen Capital Partners located?",
      "a": "Gerchen Capital Partners' principal office is in Chicago, IL, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Gerchen Capital Partners registered with the SEC or a state?",
      "a": "Gerchen Capital Partners is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316524."
    },
    {
      "q": "How much does Gerchen Capital Partners manage?",
      "a": "Gerchen Capital Partners reports $2,107,964,875 in regulatory assets under management in its Form ADV filing dated July 2, 2026 (91% discretionary)."
    },
    {
      "q": "How have Gerchen Capital Partners' assets and staff changed since 2022?",
      "a": "In the Form ADV data for Gerchen Capital Partners: Regulatory assets under management: $773,647,960 in the October 2022 data and $2,107,964,875 in the October 2026 data, up 172%. Total employees: 8 in October 2022 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Gerchen Capital Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (17)."
    },
    {
      "q": "Does Gerchen Capital Partners 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/316524"
    },
    {
      "q": "What changed in Gerchen Capital Partners' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 16 to 22. Regulatory assets under management went from $1,541,315,462 to $2,107,964,875 (+37%). Added an office in Miami, FL. Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 773647960.0,
      "total_employees": 8,
      "filing_date": "2022-04-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 817415672.0,
      "total_employees": 13,
      "filing_date": "2023-05-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1091009494.0,
      "total_employees": 14,
      "filing_date": "2024-05-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1541315462.0,
      "total_employees": 17,
      "filing_date": "2025-07-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2107964875.0,
      "total_employees": 23,
      "filing_date": "2026-07-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 16 to 22.",
        "Regulatory assets under management went from $1,541,315,462 to $2,107,964,875 (+37%).",
        "Added an office in Miami, FL.",
        "Registered or notice-filed in FL."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/gerchen-capital-partners-chicago-il-316524.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 17,
      "fewer_than_5": false,
      "raum": 2071031993.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 36932882.0
    }
  ],
  "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/316524",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}