{
  "crd_number": 135496,
  "slug": "summit-creek-advisors-minneapolis-mn-135496",
  "primary_business_name": "SUMMIT CREEK ADVISORS",
  "legal_name": "SUMMIT CREEK ADVISORS, LLC",
  "dbas": [],
  "city": "Minneapolis",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2009-08-11",
  "years_registered": 17,
  "period": "2026-10-01",
  "filing_date": "2026-03-25",
  "carried_forward": false,
  "raum_total": 650882573.0,
  "raum_discretionary": 650882573.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 7,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 6637872.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 1440028.0,
      "count": 6
    },
    "banking_thrift": {
      "raum": 78594454.0,
      "count": null,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 424852542.0,
      "count": 7
    },
    "other_investment_advisers": {
      "raum": 28043138.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 32369055.0,
      "count": 12
    },
    "pooled_investment_vehicles": {
      "raum": 17747157.0,
      "count": 2
    },
    "corporations_other_businesses": {
      "raum": 61198327.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "MN",
    "NC",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/summit-creek-advisors/about",
    "https://summitcreekadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/135496",
  "city_as_filed": "MINNEAPOLIS",
  "url": "https://advisorcensus.com/firm/summit-creek-advisors-minneapolis-mn-135496",
  "display_name": "Summit Creek Advisors",
  "summary": "Summit Creek Advisors is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.",
  "citation": "AdvisorCensus. Summit Creek Advisors (CRD 135496): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "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 Summit Creek Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Summit Creek Advisors reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Summit Creek Advisors located?",
      "a": "Summit Creek Advisors' principal office is in Minneapolis, MN, according to its Form ADV."
    },
    {
      "q": "Is Summit Creek Advisors registered with the SEC or a state?",
      "a": "Summit Creek Advisors is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 135496."
    },
    {
      "q": "How much does Summit Creek Advisors manage?",
      "a": "Summit Creek Advisors reports $650,882,573 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Summit Creek Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Summit Creek Advisors: Regulatory assets under management: $809,906,301 in the October 2021 data and $650,882,573 in the October 2026 data, down 20%. Total employees: 7 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Summit Creek Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (12); state or municipal government entities (including government pension plans) (7); individuals (other than high net worth individuals) (6)."
    },
    {
      "q": "Which custodians does Summit Creek Advisors use?",
      "a": "Summit Creek Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Summit Creek Advisors 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/135496"
    },
    {
      "q": "Does Summit Creek Advisors state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 25, 2026 says: \"SCA generally requires that clients have assets of $5 million or more. However, smaller accounts may be solicited or accepted at the discretion of SCA. There are no minimum fees.\""
    },
    {
      "q": "What changed in Summit Creek Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $789,760,655 to $650,882,573 (-18%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 809906301.0,
      "total_employees": 7,
      "filing_date": "2021-05-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1034188410.0,
      "total_employees": 7,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 753722133.0,
      "total_employees": 8,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 763042111.0,
      "total_employees": 8,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 789760655.0,
      "total_employees": 8,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 650882573.0,
      "total_employees": 7,
      "filing_date": "2026-03-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $789,760,655 to $650,882,573 (-18%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 25, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "SCA generally requires that clients have assets of $5 million or more.  However, smaller accounts may be solicited or accepted at the discretion of SCA.  There are no minimum fees."
        ]
      }
    ],
    "quotes": [
      "SCA generally requires that clients have assets of $5 million or more.  However, smaller accounts may be solicited or accepted at the discretion of SCA.  There are no minimum fees."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "BNY Mellon",
      "name_as_filed": "BNY MELLON",
      "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/summit-creek-advisors-minneapolis-mn-135496.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 1440028.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 12,
      "fewer_than_5": false,
      "raum": 32369055.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 78594454.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 17747157.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 6637872.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 424852542.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": null,
      "fewer_than_5": true,
      "raum": 28043138.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 61198327.0
    }
  ],
  "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/135496",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}