{
  "crd_number": 145216,
  "slug": "winthrop-capital-management-carmel-in-145216",
  "primary_business_name": "WINTHROP CAPITAL MANAGEMENT",
  "legal_name": "WINTHROP CAPITAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Carmel",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "26900",
  "metro": {
    "cbsa_code": "26900",
    "common_name": "Indianapolis",
    "msa_name": "Indianapolis-Carmel-Greenwood, IN",
    "path": "/advisors/in/indianapolis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-04-30",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 3973913830.0,
  "raum_discretionary": 3973913830.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 29,
  "advisory_employees": 9,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 9347165.0,
      "count": 7
    },
    "individuals": {
      "raum": 216544904.0,
      "count": 406
    },
    "insurance_companies": {
      "raum": 3147640329.0,
      "count": 25
    },
    "pension_profit_sharing": {
      "raum": 62633433.0,
      "count": 10
    },
    "high_net_worth_individuals": {
      "raum": 180561382.0,
      "count": 60
    },
    "pooled_investment_vehicles": {
      "raum": 185363918.0,
      "count": 1
    },
    "corporations_other_businesses": {
      "raum": 171822699.0,
      "count": 20
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "GA",
    "IL",
    "IN",
    "MI",
    "NC",
    "NY",
    "OH",
    "SC",
    "TN",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/winthrop-capital-management",
    "https://open.spotify.com/show/7fP72v9CYmoSurk9v2LHzc",
    "https://winthropcm.com",
    "https://winthropis.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145216",
  "city_as_filed": "CARMEL",
  "url": "https://advisorcensus.com/firm/winthrop-capital-management-carmel-in-145216",
  "display_name": "Winthrop Capital Management",
  "summary": "Winthrop Capital Management is an SEC-registered investment advisory firm in Carmel, IN, registered since 2010, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Winthrop Capital Management (CRD 145216): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Winthrop Capital Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Winthrop Capital Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Winthrop Capital Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Flat fee: $500 to $35,000 (investment consulting services); Hourly rate: $150 to $500 an hour (investment consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Winthrop Capital Management located?",
      "a": "Winthrop Capital Management's principal office is in Carmel, IN, according to its Form ADV."
    },
    {
      "q": "Is Winthrop Capital Management registered with the SEC or a state?",
      "a": "Winthrop Capital Management is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 145216."
    },
    {
      "q": "How much does Winthrop Capital Management manage?",
      "a": "Winthrop Capital Management reports $3,973,913,830 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Winthrop Capital Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Winthrop Capital Management: Regulatory assets under management: $3,941,455,608 in the October 2021 data and $3,973,913,830 in the October 2026 data, up 1%. Total employees: 22 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Winthrop Capital Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (406); high net worth individuals (60); insurance companies (25)."
    },
    {
      "q": "Which custodians does Winthrop Capital Management use?",
      "a": "Winthrop Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Global Markets, LLC and Stifel, Nicolaus & Company, Incorporated as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Winthrop Capital Management report any disciplinary disclosures?",
      "a": "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/145216"
    },
    {
      "q": "What changed in Winthrop Capital Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 9."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3941455608.0,
      "total_employees": 22,
      "filing_date": "2021-08-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 4474430179.0,
      "total_employees": 24,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2833486915.0,
      "total_employees": 26,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 3796591805.0,
      "total_employees": 27,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 3896633452.0,
      "total_employees": 25,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3973913830.0,
      "total_employees": 29,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 8 to 9."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in WI."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $500 to $35,000 (investment consulting services)",
      "Hourly rate: $150 to $500 an hour (investment consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 to $35,000 (investment consulting services)"
        ],
        "quotes": [
          "As a fixed fee, typically ranging from $500 to $35,000, depending on the amount of time, the nature, and complexity of the client’s circumstances."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $150 to $500 an hour (investment consulting services)"
        ],
        "quotes": [
          "On an hourly basis, ranging from $150 to $500 per hour, depending on the nature and complexity of the client ’s circumstances."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 500.0,
          "max": 35000.0,
          "period": "one_time",
          "service": "investment consulting services"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 150.0,
          "max": 500.0,
          "period": "hour",
          "service": "investment consulting services"
        }
      ]
    },
    "quotes": [
      "As a fixed fee, typically ranging from $500 to $35,000, depending on the amount of time, the nature, and complexity of the client’s circumstances.",
      "On an hourly basis, ranging from $150 to $500 per hour, depending on the nature and complexity of the client ’s circumstances."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "State Street Global Markets, LLC",
      "name_as_filed": "STATE STREET GLOBAL MARKETS, LLC",
      "affiliated": false
    },
    {
      "name": "Stifel, Nicolaus & Company, Incorporated",
      "name_as_filed": "STIFEL, NICOLAUS & COMPANY, INCORPORATED",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/winthrop-capital-management-carmel-in-145216.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 406,
      "fewer_than_5": false,
      "raum": 216544904.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 60,
      "fewer_than_5": false,
      "raum": 180561382.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 185363918.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 62633433.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 7,
      "fewer_than_5": false,
      "raum": 9347165.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 25,
      "fewer_than_5": false,
      "raum": 3147640329.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 20,
      "fewer_than_5": false,
      "raum": 171822699.0
    }
  ],
  "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/145216",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}