# Waud Capital Partners

> Waud Capital Partners is an SEC-registered investment advisory firm in Chicago, IL, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 160632
- Filed as: WAUD CAPITAL PARTNERS
- Legal name: Waud Capital Partners, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160632
- AdvisorCensus page: https://advisorcensus.com/firm/waud-capital-partners-chicago-il-160632

## Quick answers

**How is Waud Capital Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Waud Capital Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Waud Capital Partners located?**
Waud Capital Partners' principal office is in Chicago, IL, according to its Form ADV.

**Is Waud Capital Partners registered with the SEC or a state?**
Waud Capital Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160632.

**How much does Waud Capital Partners manage?**
Waud Capital Partners reports $4,560,711,481 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Waud Capital Partners' assets and staff changed since 2021?**
In the Form ADV data for Waud Capital Partners: Regulatory assets under management: $3,262,778,269 in the October 2021 data and $4,560,711,481 in the October 2026 data, up 40%. Total employees: 67 in October 2021 and 65 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Waud Capital Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (24).

**Does Waud Capital Partners 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/160632

**What changed in Waud Capital Partners' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 64 to 59.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $4,560,711,481
- Discretionary: $4,560,711,481
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 24 | $4,560,711,481 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 65 total, 59 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- waudcapital.com
- LinkedIn @waudcapitalpartners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,262,778,269 | 67 | March 31, 2021 |
| October 2022 | $4,081,833,031 | 71 | March 31, 2022 |
| October 2023 | $4,639,591,423 | 72 | March 31, 2023 |
| October 2024 | $4,561,699,151 | 70 | April 16, 2024 |
| October 2025 | $4,621,551,040 | 68 | March 31, 2025 |
| October 2026 | $4,560,711,481 | 65 | March 31, 2026 |

Regulatory assets under management: $3,262,778,269 in the October 2021 data and $4,560,711,481 in the October 2026 data, up 40%.
Total employees: 67 in October 2021 and 65 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 64 to 59.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Waud Capital Partners (CRD 160632): Form ADV filing data as of October 2026.