# The Circumference Group LLC

> The Circumference Group LLC is an SEC-registered investment advisory firm in Little Rock, AR, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 159012
- Filed as: THE CIRCUMFERENCE GROUP LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Little Rock, AR
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159012
- AdvisorCensus page: https://advisorcensus.com/firm/the-circumference-group-llc-little-rock-ar-159012

## Quick answers

**How is The Circumference Group LLC compensated?**
On its Form ADV (Item 5.E, October 2026), The Circumference Group LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is The Circumference Group LLC located?**
The Circumference Group LLC's principal office is in Little Rock, AR, according to its Form ADV.

**Is The Circumference Group LLC registered with the SEC or a state?**
The Circumference Group LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 159012.

**How much does The Circumference Group LLC manage?**
The Circumference Group LLC reports $239,600,000 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (99% discretionary).

**How have The Circumference Group LLC's assets and staff changed since 2021?**
In the Form ADV data for The Circumference Group LLC: Regulatory assets under management: $143,000,000 in the October 2021 data and $239,600,000 in the October 2026 data, up 68%. Total employees: 7 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Circumference Group LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

**Does The Circumference Group 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/159012

**What changed in The Circumference Group LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 12.

## 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: $239,600,000
- Discretionary: $236,600,000
- Non-discretionary: $3,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | Fewer than 5 | $0 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $236,600,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | Fewer than 5 | $0 |
| Other | Fewer than 5 | $3,000,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other

### Firm details
- Registered since: 2018 (8 years)
- Employees: 14 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- circumferencegroup.com
- Facebook @circumferencegroup
- LinkedIn @CIRCUMFERENCE-GROUP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $143,000,000 | 7 | March 31, 2021 |
| October 2022 | $167,000,000 | 15 | March 31, 2022 |
| October 2023 | $169,400,000 | 16 | March 27, 2023 |
| October 2024 | $187,300,000 | 16 | March 19, 2024 |
| October 2025 | $244,700,000 | 16 | March 30, 2025 |
| October 2026 | $239,600,000 | 14 | March 20, 2026 |

Regulatory assets under management: $143,000,000 in the October 2021 data and $239,600,000 in the October 2026 data, up 68%.
Total employees: 7 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 12.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Circumference Group LLC (CRD 159012): Form ADV filing data as of October 2026.