{
  "crd_number": 282241,
  "slug": "northcoast-asset-management-llc-stamford-ct-282241",
  "primary_business_name": "NORTHCOAST ASSET MANAGEMENT LLC",
  "legal_name": "NORTHCOAST ASSET MANAGEMENT LLC",
  "dbas": [],
  "city": "Stamford",
  "state": "CT",
  "country": "United States",
  "cbsa_code": "14860",
  "metro": {
    "cbsa_code": "14860",
    "common_name": "Bridgeport",
    "msa_name": "Bridgeport-Stamford-Danbury, CT",
    "path": "/advisors/ct/bridgeport"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-12-24",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-07-30",
  "carried_forward": false,
  "raum_total": 4967977227.0,
  "raum_discretionary": 4967977227.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 45,
  "advisory_employees": 28,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 2229650.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 1438829103.0,
      "count": 3203
    },
    "pension_profit_sharing": {
      "raum": 27469755.0,
      "count": 18
    },
    "other_investment_advisers": {
      "raum": 138421522.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 3183718204.0,
      "count": 1209
    },
    "corporations_other_businesses": {
      "raum": 177308993.0,
      "count": 48
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://facebook.com/NorthCoastAssetMgmt",
    "https://focusfinancialpartners.com",
    "https://linkedin.com/company/focus-financial-partners",
    "https://linkedin.com/company/northcoast-asset-management",
    "https://northcoastam.com",
    "https://x.com/focusfinancial"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/282241",
  "city_as_filed": "STAMFORD",
  "url": "https://advisorcensus.com/firm/northcoast-asset-management-llc-stamford-ct-282241",
  "display_name": "Northcoast Asset Management LLC",
  "summary": "Northcoast Asset Management LLC is an SEC-registered investment advisory firm in Stamford, CT, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.",
  "citation": "AdvisorCensus. Northcoast Asset Management LLC (CRD 282241): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Northcoast Asset Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Northcoast Asset Management LLC reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Northcoast Asset Management LLC located?",
      "a": "Northcoast Asset Management LLC's principal office is in Stamford, CT, according to its Form ADV; the August 2026 filing also lists 7 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Northcoast Asset Management LLC registered with the SEC or a state?",
      "a": "Northcoast Asset Management LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 282241."
    },
    {
      "q": "How much does Northcoast Asset Management LLC manage?",
      "a": "Northcoast Asset Management LLC reports $4,967,977,227 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Northcoast Asset Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Northcoast Asset Management LLC: Regulatory assets under management: $6,440,240,944 in the October 2021 data and $4,967,977,227 in the October 2026 data, down 23%. Total employees: 83 in October 2021 and 45 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Northcoast Asset Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,203); high net worth individuals (1,209); corporations or other businesses not listed above (48)."
    },
    {
      "q": "Which custodians does Northcoast Asset Management LLC use?",
      "a": "Northcoast Asset Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Northcoast Asset 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/282241"
    },
    {
      "q": "What changed in Northcoast Asset Management LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Added an office in Los Angeles, CA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6440240944.0,
      "total_employees": 83,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 7801468320.0,
      "total_employees": 90,
      "filing_date": "2022-05-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 7293644752.0,
      "total_employees": 92,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 11290749061.0,
      "total_employees": 316,
      "filing_date": "2024-08-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 31731798984.0,
      "total_employees": 372,
      "filing_date": "2025-04-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4967977227.0,
      "total_employees": 45,
      "filing_date": "2026-07-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added an office in Los Angeles, CA."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added an office in Denver, CO.",
        "Added an office in Fort Worth, TX.",
        "Added an office in Lake Oswego, OR.",
        "No longer lists an office in Pasadena, CA.",
        "No longer lists an office in San Diego, CA."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $31,731,798,984 to $4,967,977,227 (-84%).",
        "Employees performing advisory functions went from 181 to 28.",
        "Changed its legal name from Kovitz Investment Group Partners, LLC to Northcoast Asset Management LLC.",
        "No longer lists the business name First Houston Capital.",
        "No longer lists the business name Fort Pitt Capital Group.",
        "No longer lists the business name Ifam Capital.",
        "No longer lists the business name Kovitz.",
        "No longer lists the business name Northcoast Asset Mangement.",
        "No longer lists the business name Relative Value Partners.",
        "No longer lists the business name Strategic Wealth Partners.",
        "No longer lists the business name Telemus Capital.",
        "No longer lists the business name TMD Wealth Management.",
        "No longer lists the business name Transform Wealth.",
        "No longer lists the business name Weatherstone Capital Management.",
        "Added an office in Charlotte, NC.",
        "Added an office in Dallas, TX.",
        "Added an office in San Diego, CA.",
        "No longer lists an office in Aliso Viejo, CA.",
        "No longer lists an office in Ann Arbor, MI.",
        "No longer lists an office in Chicago, IL.",
        "No longer lists an office in Colorado Springs, CO.",
        "No longer lists an office in Deerfield, IL.",
        "No longer lists an office in Fort Collins, CO.",
        "No longer lists an office in Greenwich, CT.",
        "No longer lists an office in Greenwood Village, CO.",
        "No longer lists an office in Harrisburg, PA.",
        "No longer lists an office in Madison, WI.",
        "No longer lists an office in Milwaukee, WI.",
        "No longer lists an office in Northbrook, IL.",
        "No longer lists an office in Pittsburg, PA.",
        "No longer lists an office in Scottsdale, AZ.",
        "No longer lists an office in Sioux Falls, SD.",
        "No longer lists an office in Southfield, MI.",
        "Registered or notice-filed in AK, ND, VT.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "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/northcoast-asset-management-llc-stamford-ct-282241.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 3203,
      "fewer_than_5": false,
      "raum": 1438829103.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1209,
      "fewer_than_5": false,
      "raum": 3183718204.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 18,
      "fewer_than_5": false,
      "raum": 27469755.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 2229650.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 8,
      "fewer_than_5": false,
      "raum": 138421522.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 48,
      "fewer_than_5": false,
      "raum": 177308993.0
    }
  ],
  "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/282241",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}