AdvisorCensus / Financial advisors / North Ground Capital
North Ground Capital is an SEC-registered investment advisory firm, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 30, 2026.
Quick answers
From the filingHow is North Ground Capital compensated?
On its Form ADV (Item 5.E, October 2026), North Ground Capital reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Is North Ground Capital registered with the SEC or a state?
North Ground Capital is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 325287.
How much does North Ground Capital manage?
North Ground Capital reports $195,623,004 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary).
How have North Ground Capital's assets and staff changed since 2024?
In the Form ADV data for North Ground Capital: Regulatory assets under management: $118,454,117 in the October 2024 data and $195,623,004 in the October 2026 data, up 65%. Total employees: 1 in October 2024 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does North Ground Capital serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).
Which custodians does North Ground Capital use?
North Ground Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BofA Securities, Inc. as a custodian holding 10% or more of its separately managed account assets.
Does North Ground Capital 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/325287
What changed in North Ground Capital's recent Form ADV filings?
In the December 2025 filing data: Regulatory assets under management went from $108,787,432 to $186,837,023 (+72%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated March 27, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$195,623,004 as of October 2026, filing dated April 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Legal name
- CF Capital LLC
- Also doing business as
- NORTH GROUND CAPITAL
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $195,623,004 | 3 | April 30, 2026 |
| October 2025 | $108,787,432 | 2 | March 28, 2025 |
| October 2024 | $118,454,117 | 1 | June 17, 2024 |
Regulatory assets under management: $118,454,117 in the October 2024 data and $195,623,004 in the October 2026 data, up 65%.
Total employees: 1 in October 2024 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- December 2025
- Regulatory assets under management went from $108,787,432 to $186,837,023 (+72%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. North Ground Capital (CRD 325287): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/north-ground-capital-325287