{ "crd_number": 110003, "slug": "manchester-capital-management-llc-manchester-vt-110003", "primary_business_name": "MANCHESTER CAPITAL MANAGEMENT LLC", "legal_name": "MANCHESTER CAPITAL MANAGEMENT LLC", "dbas": [], "city": "Manchester", "state": "VT", "country": "United States", "cbsa_code": "13540", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1993-04-07", "years_registered": 33, "period": "2026-10-01", "filing_date": "2026-07-06", "carried_forward": false, "raum_total": 2832800084.0, "raum_discretionary": 2772662616.0, "raum_non_discretionary": 60137468.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 38, "advisory_employees": 14, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 84242950.0, "count": 7 }, "individuals": { "raum": 25281135.0, "count": 58 }, "high_net_worth_individuals": { "raum": 2197806526.0, "count": 153 }, "pooled_investment_vehicles": { "raum": 525469473.0, "count": 16 } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "CO", "DC", "DE", "FL", "IL", "MA", "MD", "MN", "NC", "NH", "NJ", "NY", "OR", "TX", "VA", "VI", "VT" ], "websites": [ "https://linkedin.com/COMPANY/MANCHESTER-CAPITAL-MANAGEMENT", "https://mcmllc.com", "https://youtube.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110003", "city_as_filed": "MANCHESTER", "url": "https://advisorcensus.com/firm/manchester-capital-management-llc-manchester-vt-110003", "display_name": "Manchester Capital Management LLC", "summary": "Manchester Capital Management LLC is an SEC-registered investment advisory firm in Manchester, VT, registered since 1993, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 6, 2026.", "citation": "AdvisorCensus. Manchester Capital Management LLC (CRD 110003): 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": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Manchester Capital Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Manchester Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is Manchester Capital Management LLC located?", "a": "Manchester Capital Management LLC's principal office is in Manchester, VT, according to its Form ADV; the August 2026 filing also lists 3 other offices (Schedule D, Section 1.F)." }, { "q": "Is Manchester Capital Management LLC registered with the SEC or a state?", "a": "Manchester Capital Management LLC is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 110003." }, { "q": "How much does Manchester Capital Management LLC manage?", "a": "Manchester Capital Management LLC reports $2,832,800,084 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (98% discretionary)." }, { "q": "How have Manchester Capital Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Manchester Capital Management LLC: Regulatory assets under management: $3,616,897,170 in the October 2021 data and $2,832,800,084 in the October 2026 data, down 22%. Total employees: 36 in October 2021 and 38 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Manchester Capital Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (153); individuals (other than high net worth individuals) (58); pooled investment vehicles (other than investment companies and business development companies) (16)." }, { "q": "Which custodians does Manchester Capital Management LLC use?", "a": "Manchester Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Manchester Capital Management LLC 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/110003" }, { "q": "What changed in Manchester Capital Management LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Changed its office addresses in New York, NY." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 3616897170.0, "total_employees": 36, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 3707935412.0, "total_employees": 33, "filing_date": "2022-03-21" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3167899263.0, "total_employees": 33, "filing_date": "2023-03-24" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3688455226.0, "total_employees": 37, "filing_date": "2024-07-16" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3535130537.0, "total_employees": 36, "filing_date": "2025-05-13" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2832800084.0, "total_employees": 38, "filing_date": "2026-07-06" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Changed its office addresses in New York, NY." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 15 to 14.", "Regulatory assets under management went from $3,535,130,537 to $2,832,800,084 (-20%).", "Registered or notice-filed in CO, NC, NJ, VI." ] }, { "period": "2025-11-01", "period_label": "November 2025", "notes": [ "Changed its office addresses in New York, NY.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "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/manchester-capital-management-llc-manchester-vt-110003.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 58, "fewer_than_5": false, "raum": 25281135.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 153, "fewer_than_5": false, "raum": 2197806526.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 16, "fewer_than_5": false, "raum": 525469473.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 7, "fewer_than_5": false, "raum": 84242950.0 } ], "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/110003", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }