# Three Peaks Capital Management, LLC

> Three Peaks Capital Management, LLC is an SEC-registered investment advisory firm in Castle Rock, CO, registered since 2003, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 127402
- Filed as: THREE PEAKS CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Castle Rock, CO
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/127402
- AdvisorCensus page: https://advisorcensus.com/firm/three-peaks-capital-management-llc-castle-rock-co-127402

## Quick answers

**How is Three Peaks Capital Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Three Peaks Capital Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Three Peaks Capital Management, LLC located?**
Three Peaks Capital Management, LLC's principal office is in Castle Rock, CO, according to its Form ADV.

**Is Three Peaks Capital Management, LLC registered with the SEC or a state?**
Three Peaks Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 127402.

**How much does Three Peaks Capital Management, LLC manage?**
Three Peaks Capital Management, LLC reports $222,869,514 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Three Peaks Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Three Peaks Capital Management, LLC: Regulatory assets under management: $617,942,015 in the October 2021 data and $222,869,514 in the October 2026 data, down 64%. Total employees: 6 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 Three Peaks Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (31); high net worth individuals (29); pension and profit sharing plans (but not the plan participants or government pension plans) (6).

**Which custodians does Three Peaks Capital Management, LLC use?**
Three Peaks Capital Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BOK Financial, Central Pacific Bank and First National Bank as custodians holding 10% or more of its separately managed account assets.

**Does Three Peaks Capital Management, 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/127402

**What changed in Three Peaks Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $250,704,408 to $222,869,514 (-11%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- BOK Financial
- Central Pacific Bank
- First National Bank

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: $222,869,514
- Discretionary: $222,869,514
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 31 | $7,307,850 |
| High net worth individuals | 29 | $134,823,994 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $40,736,318 |
| Charitable organizations | 3 | $7,208,290 |
| Corporations or other businesses not listed above | 3 | $32,793,062 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2003 (23 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, HI, NE
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- threepeaks.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $617,942,015 | 6 | May 20, 2021 |
| October 2022 | $233,299,754 | 6 | March 28, 2022 |
| October 2023 | $215,455,547 | 5 | July 19, 2023 |
| October 2024 | $229,550,445 | 5 | March 13, 2024 |
| October 2025 | $250,704,408 | 5 | March 26, 2025 |
| October 2026 | $222,869,514 | 5 | March 31, 2026 |

Regulatory assets under management: $617,942,015 in the October 2021 data and $222,869,514 in the October 2026 data, down 64%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $250,704,408 to $222,869,514 (-11%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Three Peaks Capital Management, LLC (CRD 127402): Form ADV filing data as of October 2026.