{
  "crd_number": 164653,
  "slug": "upwelling-capital-group-llc-davis-ca-164653",
  "primary_business_name": "UPWELLING CAPITAL GROUP LLC",
  "legal_name": "UPWELLING CAPITAL GROUP LLC",
  "dbas": [],
  "city": "Davis",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "40900",
  "metro": {
    "cbsa_code": "40900",
    "common_name": "Sacramento",
    "msa_name": "Sacramento-Roseville-Folsom, CA",
    "path": "/advisors/ca/sacramento"
  },
  "registration_type": "exempt",
  "registration_status": "ERA - Active",
  "registration_date": "2025-04-23",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": null,
  "raum_discretionary": null,
  "raum_non_discretionary": null,
  "raum_band": "not_reported",
  "raum_band_label": "Not reported",
  "total_employees": null,
  "advisory_employees": null,
  "client_count_bucket": null,
  "clients_by_type": null,
  "compensation_types": [],
  "advisory_activities": [],
  "wrap_fee_participant": null,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://linkedin.com/company/upwelling-capital-group",
    "https://upwellingcapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/164653",
  "city_as_filed": "DAVIS",
  "url": "https://advisorcensus.com/firm/upwelling-capital-group-llc-davis-ca-164653",
  "display_name": "Upwelling Capital Group LLC",
  "summary": "Upwelling Capital Group LLC is an exempt reporting adviser in Davis, CA, filing reports since 2025. Exempt reporting advisers do not report regulatory assets under management on Form ADV.",
  "citation": "AdvisorCensus. Upwelling Capital Group LLC (CRD 164653): Form ADV filing data as of October 2026.",
  "registration_type_label": "Exempt reporting adviser",
  "compensation_labels": [],
  "advisory_activity_labels": [],
  "quick_answers": [
    {
      "q": "Where is Upwelling Capital Group LLC located?",
      "a": "Upwelling Capital Group LLC's principal office is in Davis, CA, according to its Form ADV; the May 2025 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "How does Upwelling Capital Group LLC report to regulators?",
      "a": "Upwelling Capital Group LLC is an exempt reporting adviser, filing reports since 2025. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 164653."
    },
    {
      "q": "How have Upwelling Capital Group LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Upwelling Capital Group LLC: Regulatory assets under management: $156,821,503 in the October 2023 data and $115,174,062 in the October 2024 data, down 27%. Total employees: 8 in October 2023 and 7 in October 2024. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Does Upwelling Capital Group LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/164653"
    },
    {
      "q": "What changed in Upwelling Capital Group LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.D(1)). No longer lists an office in New York, NY. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 156821503.0,
      "total_employees": 8,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 115174062.0,
      "total_employees": 7,
      "filing_date": "2024-03-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2025-04-23"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.D(1)).",
        "No longer lists an office in New York, NY.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/upwelling-capital-group-llc-davis-ca-164653.md",
  "clients": [],
  "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/164653",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}