# Horizon Capital Management, LLC

> Horizon Capital Management, LLC is an SEC-registered investment advisory firm in Lake Forest, IL, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 132113
- Filed as: HORIZON CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lake Forest, IL
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/132113
- AdvisorCensus page: https://advisorcensus.com/firm/horizon-capital-management-llc-lake-forest-il-132113

## Quick answers

**How is Horizon Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Horizon Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**What does Horizon Capital Management, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 12, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $2,000,000: 0.8% a year; $2,000,000 to $3,000,000: 0.6% a year; $3,000,000 to $5,000,000: 0.4% a year; Above $5,000,000: 0.2% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Horizon Capital Management, LLC located?**
Horizon Capital Management, LLC's principal office is in Lake Forest, IL, according to its Form ADV.

**Is Horizon Capital Management, LLC registered with the SEC or a state?**
Horizon Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 132113.

**How much does Horizon Capital Management, LLC manage?**
Horizon Capital Management, LLC reports $136,184,309 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**What types of clients does Horizon Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (36); individuals (other than high net worth individuals) (2); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Which custodians does Horizon Capital Management, LLC use?**
Horizon Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Horizon Capital Management, LLC 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/132113

**What changed in Horizon Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $116,018,142 to $136,184,309 (+17%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 12, 2026)

- Up to $1,000,000: 1% a year
- $1,000,000 to $2,000,000: 0.8% a year
- $2,000,000 to $3,000,000: 0.6% a year
- $3,000,000 to $5,000,000: 0.4% a year
- Above $5,000,000: 0.2% a year

> The annual fee schedule, based on a percentage of assets under management, is as follows: First $1,000,000 1.0% Next $1,000,000 - $2,000,000 0.8% Next $2,000,000 - $3,000,000 0.6% Next $3,000,000 - $5,000,000 0.4% Greater than $5,000,000 0.2%

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $136,184,309
- Discretionary: $136,184,309
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 2 | $512,635 |
| High net worth individuals | 36 | $130,866,265 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $2,047,904 |
| Other investment advisers | 1 | $2,757,505 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2025 (1 year)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- horizoncapmgmt.com

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $116,018,142 to $136,184,309 (+17%).

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Horizon Capital Management, LLC (CRD 132113): Form ADV filing data as of October 2026.