{ "crd_number": 157775, "slug": "mainsail-partners-austin-tx-157775", "primary_business_name": "MAINSAIL PARTNERS", "legal_name": "MAINSAIL MANAGEMENT COMPANY, LLC", "dbas": [ "MAINSAIL PARTNERS" ], "city": "Austin", "state": "TX", "country": "United States", "cbsa_code": "12420", "metro": { "cbsa_code": "12420", "common_name": "Austin", "msa_name": "Austin-Round Rock-San Marcos, TX", "path": "/advisors/tx/austin" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-03-30", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-09-03", "carried_forward": false, "raum_total": 3996173619.0, "raum_discretionary": 3996173619.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 81, "advisory_employees": 28, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3996173619.0, "count": 14 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "TX" ], "websites": [ "https://linkedin.com/COMPANY/MAINSAIL-PARTNERS", "https://mainsailpartners.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/157775", "city_as_filed": "AUSTIN", "url": "https://advisorcensus.com/firm/mainsail-partners-austin-tx-157775", "display_name": "Mainsail Partners", "summary": "Mainsail Partners is an SEC-registered investment advisory firm in Austin, TX, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 3, 2026.", "citation": "AdvisorCensus. Mainsail Partners (CRD 157775): 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 pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Mainsail Partners compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Mainsail Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "What does Mainsail Partners' brochure say about its fees?", "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 1% to 2.25% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Mainsail Partners located?", "a": "Mainsail Partners' principal office is in Austin, TX, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Mainsail Partners registered with the SEC or a state?", "a": "Mainsail Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157775." }, { "q": "How much does Mainsail Partners manage?", "a": "Mainsail Partners reports $3,996,173,619 in regulatory assets under management in its Form ADV filing dated September 3, 2026 (100% discretionary)." }, { "q": "How have Mainsail Partners' assets and staff changed since 2021?", "a": "In the Form ADV data for Mainsail Partners: Regulatory assets under management: $1,474,955,171 in the October 2021 data and $3,996,173,619 in the October 2026 data, up 171%. Total employees: 38 in October 2021 and 81 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Mainsail Partners serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (14)." }, { "q": "Does Mainsail 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/157775" }, { "q": "What changed in Mainsail Partners' recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 29 to 28. Regulatory assets under management went from $2,479,005,237 to $3,996,173,619 (+61%). Added an office in Bellevue, WA. No longer lists an office in Mill Valley, CA. No longer lists an office in Santa Barbara, CA. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1474955171.0, "total_employees": 38, "filing_date": "2021-04-20" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3108842849.0, "total_employees": 49, "filing_date": "2022-04-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2331050759.0, "total_employees": 58, "filing_date": "2023-07-25" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2331945413.0, "total_employees": 58, "filing_date": "2024-04-08" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2479005237.0, "total_employees": 68, "filing_date": "2025-04-08" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3996173619.0, "total_employees": 81, "filing_date": "2026-09-03" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 29 to 28.", "Regulatory assets under management went from $2,479,005,237 to $3,996,173,619 (+61%).", "Added an office in Bellevue, WA.", "No longer lists an office in Mill Valley, CA.", "No longer lists an office in Santa Barbara, CA.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 30, 2026", "tiers": [], "flat_rate": null, "stated_range": "1% to 2.25% a year", "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 1% to 2.25% a year (a range, as the brochure states it)" ], "quotes": [ "The Management Fees for Fund III, Fund IV, Fund V, Fund VI, Fund VII, Executive Fund VI, Executive Fund VII and, M3PL range from 1.00% to 2.25% of Commitments per annum, payable quarterly in advance." ] } ], "quotes": [ "The Management Fees for Fund III, Fund IV, Fund V, Fund VI, Fund VII, Executive Fund VI, Executive Fund VII and, M3PL range from 1.00% to 2.25% of Commitments per annum, payable quarterly in advance." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/mainsail-partners-austin-tx-157775.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 14, "fewer_than_5": false, "raum": 3996173619.0 } ], "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/157775", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }