# Second Avenue Capital

> Second Avenue Capital is a state-registered investment advisory firm in Minneapolis, MN, registered since 2014, reporting under $25 million in regulatory assets under management in its Form ADV filing dated February 17, 2026.

- CRD: 141998
- Filed as: SECOND AVENUE CAPITAL
- Legal name: Second Avenue Capital LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: February 17, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/141998
- AdvisorCensus page: https://advisorcensus.com/firm/second-avenue-capital-minneapolis-mn-141998

## Quick answers

**How is Second Avenue Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Second Avenue Capital reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Second Avenue Capital located?**
Second Avenue Capital's principal office is in Minneapolis, MN, according to its Form ADV.

**Is Second Avenue Capital registered with the SEC or a state?**
Second Avenue Capital is a state-registered investment advisory firm, registered since 2014. Status as filed: APPROVED. CRD 141998.

**How much does Second Avenue Capital manage?**
Second Avenue Capital reports $5,000,000 in regulatory assets under management in its Form ADV filing dated February 17, 2026 (100% discretionary).

**What types of clients does Second Avenue Capital serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2).

**Does Second Avenue Capital report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/141998

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $5,000,000
- Discretionary: $5,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 2 | $5,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Other

### Firm details
- Registered since: 2014 (11 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [2ave.net](https://2ave.net)

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Second Avenue Capital (CRD 141998): Form ADV filing data as of October 2026.