# Sandhill Investment Management

> 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.

- CRD: 129800
- Filed as: SANDHILL INVESTMENT MANAGEMENT
- Legal name: Sandhill Capital Partners LLC
- Also doing business as: SANDHILL INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Buffalo, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/129800
- AdvisorCensus page: https://advisorcensus.com/firm/sandhill-investment-management-buffalo-ny-129800

## Quick answers

**How is Sandhill Investment Management compensated?**
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.

**Where is Sandhill Investment Management located?**
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).

**Is Sandhill Investment Management registered with the SEC or a state?**
Sandhill Investment Management is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 129800.

**How much does Sandhill Investment Management manage?**
Sandhill Investment Management reports $2,404,212,153 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (88% discretionary).

**How have Sandhill Investment Management's assets and staff changed since 2021?**
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.

**What types of clients does Sandhill Investment Management serve?**
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).

**Which custodians does Sandhill Investment Management use?**
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.

**Does Sandhill Investment Management 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/129800

**What changed in Sandhill Investment Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 17 to 14. Registered or notice-filed in MS.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Pershing 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: $2,404,212,153
- Discretionary: $2,113,826,209
- Non-discretionary: $290,385,944

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,670 | $693,302,123 |
| High net worth individuals | 374 | $1,400,794,032 |
| Charitable organizations | 18 | $87,255,070 |
| Corporations or other businesses not listed above | 48 | $222,860,928 |

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

### Firm details
- Registered since: 2004 (22 years)
- Employees: 22 total, 14 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: 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
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Medway, MA

### Websites listed on Form ADV (Item 1.I)
- [sandhill-im.com](https://sandhill-im.com)
- LinkedIn @SANDHILL-INVESTMENT-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,987,951,334 | 27 | March 31, 2021 |
| October 2022 | $2,245,320,051 | 27 | March 30, 2022 |
| October 2023 | $1,822,486,701 | 23 | August 30, 2023 |
| October 2024 | $2,125,998,284 | 26 | March 28, 2024 |
| October 2025 | $2,233,929,143 | 28 | March 28, 2025 |
| October 2026 | $2,404,212,153 | 22 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 17 to 14.
- Registered or notice-filed in MS.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sandhill Investment Management (CRD 129800): Form ADV filing data as of October 2026.