# The Norden Group LLC

> The Norden Group LLC is an SEC-registered investment advisory firm in Provo, UT, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 2, 2026.

- CRD: 323988
- Filed as: THE NORDEN GROUP LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Provo, UT
- Filing period: October 2026
- Form ADV filing dated: February 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/323988
- AdvisorCensus page: https://advisorcensus.com/firm/the-norden-group-llc-provo-ut-323988

## Quick answers

**How is The Norden Group LLC compensated?**
On its Form ADV (Item 5.E, October 2026), The Norden Group LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is The Norden Group LLC located?**
The Norden Group LLC's principal office is in Provo, UT, according to its Form ADV; the March 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is The Norden Group LLC registered with the SEC or a state?**
The Norden Group LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 323988.

**How much does The Norden Group LLC manage?**
The Norden Group LLC reports $1,967,944,101 in regulatory assets under management in its Form ADV filing dated February 2, 2026 (100% discretionary).

**How have The Norden Group LLC's assets and staff changed since 2023?**
In the Form ADV data for The Norden Group LLC: Regulatory assets under management: $899,716,663 in the October 2023 data and $1,967,944,101 in the October 2026 data, up 119%. Total employees: 15 in October 2023 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Norden Group LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (976); high net worth individuals (295); corporations or other businesses not listed above (130).

**Which custodians does The Norden Group LLC use?**
The Norden Group LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does The Norden 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/323988

**What changed in The Norden Group LLC's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 21 to 20. Regulatory assets under management went from $1,739,496,789 to $1,967,944,101 (+13%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $1,967,944,101
- Discretionary: $1,967,944,101
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 976 | $273,015,919 |
| High net worth individuals | 295 | $1,465,646,450 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 81 | $26,935,666 |
| Charitable organizations | 49 | $21,686,577 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 130 | $180,659,489 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Educational seminars/workshops
- Other

### Firm details
- Registered since: 2023 (3 years)
- Employees: 30 total, 20 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, AZ, CA, CO, FL, GA, HI, ID, IL, IN, MA, MI, MO, MT, NC, NE, NH, NM, NV, NY, OR, PA, TX, UT, VA, WA, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Idaho Falls, ID
- Newport Beach, CA
- Salt Lake City, UT
- St. George, UT

### Websites listed on Form ADV (Item 1.I)
- thenordengroup.com
- LinkedIn @the-norden-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $899,716,663 | 15 | September 25, 2023 |
| October 2024 | $987,200,768 | 21 | September 25, 2024 |
| October 2025 | $1,739,496,789 | 29 | July 15, 2025 |
| October 2026 | $1,967,944,101 | 30 | February 2, 2026 |

Regulatory assets under management: $899,716,663 in the October 2023 data and $1,967,944,101 in the October 2026 data, up 119%.
Total employees: 15 in October 2023 and 30 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 21 to 20.
- Regulatory assets under management went from $1,739,496,789 to $1,967,944,101 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Norden Group LLC (CRD 323988): Form ADV filing data as of October 2026.