{
  "crd_number": 158270,
  "slug": "grandeur-peak-global-advisors-salt-lake-city-ut-158270",
  "primary_business_name": "GRANDEUR PEAK GLOBAL ADVISORS",
  "legal_name": "GRANDEUR PEAK GLOBAL ADVISORS, LLC",
  "dbas": [],
  "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": "2011-07-06",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 3802005958.0,
  "raum_discretionary": 3802005958.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 50,
  "advisory_employees": 33,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 638509572.0,
      "count": 2,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 404370311.0,
      "count": 2,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 2490468210.0,
      "count": 10
    },
    "other_investment_advisers": {
      "raum": 58987395.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 209670470.0,
      "count": 2
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY",
    "OR",
    "UT",
    "WA"
  ],
  "websites": [
    "https://grandeurpeakglobal.com",
    "https://linkedin.com/company/grandeur-peak-global-advisors-llc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158270",
  "city_as_filed": "SALT LAKE CITY",
  "url": "https://advisorcensus.com/firm/grandeur-peak-global-advisors-salt-lake-city-ut-158270",
  "display_name": "Grandeur Peak Global Advisors",
  "summary": "Grandeur Peak Global Advisors is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Grandeur Peak Global Advisors (CRD 158270): 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"
  ],
  "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"
  ],
  "quick_answers": [
    {
      "q": "How is Grandeur Peak Global Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Grandeur Peak Global Advisors reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Grandeur Peak Global Advisors located?",
      "a": "Grandeur Peak Global Advisors' principal office is in Salt Lake City, UT, according to its Form ADV."
    },
    {
      "q": "Is Grandeur Peak Global Advisors registered with the SEC or a state?",
      "a": "Grandeur Peak Global Advisors is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158270."
    },
    {
      "q": "How much does Grandeur Peak Global Advisors manage?",
      "a": "Grandeur Peak Global Advisors reports $3,802,005,958 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Grandeur Peak Global Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Grandeur Peak Global Advisors: Regulatory assets under management: $6,886,720,911 in the October 2021 data and $3,802,005,958 in the October 2026 data, down 45%. Total employees: 49 in October 2021 and 50 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Grandeur Peak Global Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (10); pooled investment vehicles (other than investment companies and business development companies) (2); charitable organizations (2)."
    },
    {
      "q": "Which custodians does Grandeur Peak Global Advisors use?",
      "a": "Grandeur Peak Global Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon, CIBC Mellon, State Street and State Street Trust Company Canada as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Grandeur Peak Global Advisors 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/158270"
    },
    {
      "q": "What changed in Grandeur Peak Global Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $4,872,509,175 to $3,802,005,958 (-22%). Employees performing advisory functions went from 36 to 33. Registered or notice-filed in NY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6886720911.0,
      "total_employees": 49,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 8637785376.0,
      "total_employees": 50,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 6193243609.0,
      "total_employees": 53,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 6316870974.0,
      "total_employees": 53,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4872509175.0,
      "total_employees": 53,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3802005958.0,
      "total_employees": 50,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $4,872,509,175 to $3,802,005,958 (-22%).",
        "Employees performing advisory functions went from 36 to 33.",
        "Registered or notice-filed in NY."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Bank of New York Mellon",
      "name_as_filed": "BANK OF NEW YORK MELLON",
      "affiliated": false
    },
    {
      "name": "CIBC Mellon",
      "name_as_filed": "CIBC MELLON",
      "affiliated": false
    },
    {
      "name": "State Street",
      "name_as_filed": "STATE STREET",
      "affiliated": false
    },
    {
      "name": "State Street Trust Company Canada",
      "name_as_filed": "STATE STREET TRUST COMPANY CANADA",
      "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/grandeur-peak-global-advisors-salt-lake-city-ut-158270.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 10,
      "fewer_than_5": false,
      "raum": 2490468210.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 209670470.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 638509572.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 404370311.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 1,
      "fewer_than_5": true,
      "raum": 58987395.0
    }
  ],
  "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/158270",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}