AdvisorCensus / Financial advisors / Illinois / Chicago / North Square Investments, LLC
North Square Investments, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 21, 2026.
Quick answers
From the filingHow is North Square Investments, LLC compensated?
On its Form ADV (Item 5.E, October 2026), North Square Investments, LLC reports these compensation arrangements: a percentage of assets under its management.
Where is North Square Investments, LLC located?
North Square Investments, LLC's principal office is in Chicago, IL, according to its Form ADV.
Is North Square Investments, LLC registered with the SEC or a state?
North Square Investments, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 294355.
How much does North Square Investments, LLC manage?
North Square Investments, LLC reports $3,154,462,709 in regulatory assets under management in its Form ADV filing dated May 21, 2026 (100% discretionary).
How have North Square Investments, LLC's assets and staff changed since 2021?
In the Form ADV data for North Square Investments, LLC: Regulatory assets under management: $329,862,271 in the October 2021 data and $3,154,462,709 in the October 2026 data, up 856%. Total employees: 21 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does North Square Investments, LLC serve?
By number of clients on Form ADV Item 5.D: investment companies (14).
Does North Square Investments, 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/294355
What changed in North Square Investments, LLC's recent Form ADV filings?
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).
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
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
Regulatory assets under management
Item 5.F$3,154,462,709 as of October 2026, filing dated May 21, 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 investment companies (and business development companies)
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (7 years)
- Employees
- Total: 27. Performing investment advisory functions: 0.
- Wrap fee program participation
- No.
- 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 | $3,154,462,709 | 27 | May 21, 2026 |
| October 2025 | $2,024,063,339 | 21 | March 31, 2025 |
| October 2024 | $1,388,560,450 | 23 | March 28, 2024 |
| October 2023 | $1,111,542,355 | 26 | August 4, 2023 |
| October 2022 | $1,237,885,631 | 24 | July 21, 2022 |
| October 2021 | $329,862,271 | 21 | March 30, 2021 |
Regulatory assets under management: $329,862,271 in the October 2021 data and $3,154,462,709 in the October 2026 data, up 856%.
Total employees: 21 in October 2021 and 27 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- June 2026
- Updated its list of owners and control persons (Schedule A).
- March 2026
- Regulatory assets under management went from $2,024,063,339 to $3,154,462,709 (+56%).
- Updated its list of owners and control persons (Schedule A).
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 Square Investments, LLC (CRD 294355): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/north-square-investments-llc-chicago-il-294355