AdvisorCensus / Financial advisors / Illinois / Chicago / Siena Capital Partners GP, LLC
Siena Capital Partners GP, LLC is an SEC-registered investment advisory firm in Evanston, IL, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 26, 2026.
Quick answers
From the filingHow is Siena Capital Partners GP, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Siena Capital Partners GP, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
How much does Siena Capital Partners GP, LLC charge?
Its Form ADV Part 2A brochure dated February 26, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Siena Capital Partners GP, LLC located?
Siena Capital Partners GP, LLC's principal office is in Evanston, IL, according to its Form ADV.
Is Siena Capital Partners GP, LLC registered with the SEC or a state?
Siena Capital Partners GP, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 162073.
How much does Siena Capital Partners GP, LLC manage?
Siena Capital Partners GP, LLC reports $379,317,628 in regulatory assets under management in its Form ADV filing dated February 26, 2026 (100% discretionary).
How have Siena Capital Partners GP, LLC's assets and staff changed since 2021?
In the Form ADV data for Siena Capital Partners GP, LLC: Regulatory assets under management: $257,958,415 in the October 2021 data and $379,317,628 in the October 2026 data, up 47%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Siena Capital Partners GP, LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).
Does Siena Capital Partners GP, 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/162073
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 1% of assets a year (the maximum the brochure states)
The brochure's wording
Pursuant to the Fund Documents, SGP is generally entitled to receive an asset-based management fee of up to 1.0% annually, payable quarterly in advance, and incentive allocations which generally are paid on an annual basis.
As stated in the firm's Form ADV Part 2A brochure dated February 26, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$379,317,628 as of October 2026, filing dated February 26, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2015 (11 years)
- Employees
- Total: 5. Performing investment advisory functions: 5.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $379,317,628 | 5 | February 26, 2026 |
| October 2025 | $368,243,492 | 5 | March 28, 2025 |
| October 2024 | $322,964,198 | 5 | April 30, 2024 |
| October 2023 | $297,527,428 | 5 | February 22, 2023 |
| October 2022 | $330,161,889 | 5 | March 22, 2022 |
| October 2021 | $257,958,415 | 5 | March 5, 2021 |
Regulatory assets under management: $257,958,415 in the October 2021 data and $379,317,628 in the October 2026 data, up 47%.
Total employees: 5 in October 2021 and 5 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Siena Capital Partners GP, LLC (CRD 162073): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/siena-capital-partners-gp-llc-evanston-il-162073