# Northcoast Asset Management LLC

> 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.

- CRD: 282241
- Filed as: NORTHCOAST ASSET MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: July 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/282241
- AdvisorCensus page: https://advisorcensus.com/firm/northcoast-asset-management-llc-stamford-ct-282241

## Quick answers

**How is Northcoast Asset Management LLC compensated?**
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.

**Where is Northcoast Asset Management LLC located?**
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).

**Is Northcoast Asset Management LLC registered with the SEC or a state?**
Northcoast Asset Management LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 282241.

**How much does Northcoast Asset Management LLC manage?**
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).

**How have Northcoast Asset Management LLC's assets and staff changed since 2021?**
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.

**What types of clients does Northcoast Asset Management LLC serve?**
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).

**Which custodians does Northcoast Asset Management LLC use?**
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.

**Does Northcoast Asset Management 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/282241

**What changed in Northcoast Asset Management LLC's recent Form ADV filings?**
In the August 2026 filing data: Added an office in Los Angeles, CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Other

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $4,967,977,227
- Discretionary: $4,967,977,227
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3,203 | $1,438,829,103 |
| High net worth individuals | 1,209 | $3,183,718,204 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 18 | $27,469,755 |
| Charitable organizations | Fewer than 5 | $2,229,650 |
| Other investment advisers | 8 | $138,421,522 |
| Corporations or other businesses not listed above | 48 | $177,308,993 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2015 (10 years)
- Employees: 45 total, 28 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Charlotte, NC
- Dallas, TX
- Denver, CO
- Fort Worth, TX
- Lake Oswego, OR
- Los Angeles, CA
- Orlando, FL

### Websites listed on Form ADV (Item 1.I)
- focusfinancialpartners.com
- northcoastam.com
- Facebook @NorthCoastAssetMgmt
- LinkedIn @focus-financial-partners
- LinkedIn @northcoast-asset-management
- X @focusfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,440,240,944 | 83 | March 31, 2021 |
| October 2022 | $7,801,468,320 | 90 | May 31, 2022 |
| October 2023 | $7,293,644,752 | 92 | September 27, 2023 |
| October 2024 | $11,290,749,061 | 316 | August 1, 2024 |
| October 2025 | $31,731,798,984 | 372 | April 1, 2025 |
| October 2026 | $4,967,977,227 | 45 | July 30, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- Added an office in Los Angeles, CA.

### July 2026
- 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.

### March 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northcoast Asset Management LLC (CRD 282241): Form ADV filing data as of October 2026.