{ "crd_number": 129800, "slug": "sandhill-investment-management-buffalo-ny-129800", "primary_business_name": "SANDHILL INVESTMENT MANAGEMENT", "legal_name": "SANDHILL CAPITAL PARTNERS LLC", "dbas": [ "SANDHILL INVESTMENT MANAGEMENT" ], "city": "Buffalo", "state": "NY", "country": "United States", "cbsa_code": "15380", "metro": { "cbsa_code": "15380", "common_name": "Buffalo", "msa_name": "Buffalo-Cheektowaga, NY", "path": "/advisors/ny/buffalo" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2004-06-16", "years_registered": 22, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 2404212153.0, "raum_discretionary": 2113826209.0, "raum_non_discretionary": 290385944.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 22, "advisory_employees": 14, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 87255070.0, "count": 18 }, "individuals": { "raum": 693302123.0, "count": 1670 }, "high_net_worth_individuals": { "raum": 1400794032.0, "count": 374 }, "corporations_other_businesses": { "raum": 222860928.0, "count": 48 } }, "compensation_types": [ "fixed", "other", "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AL", "AZ", "CA", "CO", "CT", "FL", "GA", "IA", "IL", "IN", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "NC", "NH", "NJ", "NV", "NY", "OH", "OR", "PA", "SC", "TN", "TX", "VA", "VT", "WA", "WI" ], "websites": [ "https://linkedin.com/COMPANY/SANDHILL-INVESTMENT-MANAGEMENT", "https://sandhill-im.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129800", "city_as_filed": "BUFFALO", "url": "https://advisorcensus.com/firm/sandhill-investment-management-buffalo-ny-129800", "display_name": "Sandhill Investment Management", "summary": "Sandhill Investment Management is an SEC-registered investment advisory firm in Buffalo, NY, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Sandhill Investment Management (CRD 129800): 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)", "Other" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Sandhill Investment Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Sandhill Investment Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Sandhill Investment Management located?", "a": "Sandhill Investment Management's principal office is in Buffalo, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Sandhill Investment Management registered with the SEC or a state?", "a": "Sandhill Investment Management is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 129800." }, { "q": "How much does Sandhill Investment Management manage?", "a": "Sandhill Investment Management reports $2,404,212,153 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (88% discretionary)." }, { "q": "How have Sandhill Investment Management's assets and staff changed since 2021?", "a": "In the Form ADV data for Sandhill Investment Management: Regulatory assets under management: $1,987,951,334 in the October 2021 data and $2,404,212,153 in the October 2026 data, up 21%. Total employees: 27 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Sandhill Investment Management serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,670); high net worth individuals (374); corporations or other businesses not listed above (48)." }, { "q": "Which custodians does Sandhill Investment Management use?", "a": "Sandhill Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Pershing LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Sandhill Investment Management 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/129800" }, { "q": "What changed in Sandhill Investment Management's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 17 to 14. Registered or notice-filed in MS." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1987951334.0, "total_employees": 27, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2245320051.0, "total_employees": 27, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1822486701.0, "total_employees": 23, "filing_date": "2023-08-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2125998284.0, "total_employees": 26, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2233929143.0, "total_employees": 28, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2404212153.0, "total_employees": 22, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 17 to 14.", "Registered or notice-filed in MS." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Pershing LLC", "name_as_filed": "PERSHING 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/sandhill-investment-management-buffalo-ny-129800.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 1670, "fewer_than_5": false, "raum": 693302123.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 374, "fewer_than_5": false, "raum": 1400794032.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 18, "fewer_than_5": false, "raum": 87255070.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 48, "fewer_than_5": false, "raum": 222860928.0 } ], "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/129800", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }