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Private fund adviser · Chicago, IL

1st & Main Growth Partners

The Banc Funds Company, L.L.C. · SEC-registered investment adviser · CRD 106305 · SEC 801-53866

At a glance

1st & Main Growth Partners is an SEC-registered investment adviser based in Chicago, Illinois, with $680 million in regulatory assets under management as of its Form ADV filed April 28, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 2,707th of 4,686 private fund advisers and 6,643rd of 17,210 SEC-registered advisers by assets.

Main office 312-855-62021standmain.coAs filed on Form ADV

Regulatory AUM
$680M
Rank among private fund advisers
#2,707 of 4,686
Rank among all SEC RIAs
#6,643 of 17,210
Rank in Illinois
#314 of 684
Clients
3
Accounts
3
Discretionary
100% of AUM
Employees
13
Advisory staff
10
Offices
2

Owners and executives on its Form ADV

Custody and brokerage

Custodian

1st & Main Growth Partners’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.

Broker-dealer

No broker-dealer ties

Other RIAs with no broker-dealer ties

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles3$680M100%

Private funds

1st & Main Growth Partners reports 3 private funds with $680M in gross assets: private equity funds (Form ADV Item 7.B).

Disciplinary disclosures

1st & Main Growth Partners answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for pooled investment vehicles

How it’s paid

  • Performance-based fees
  • Other

AtlasMembers

The full record on 1st & Main Growth Partners

Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.

Assets, accounts, clients and staff, ten years of filings
Locked
Growth over one, three and five years
Locked
Rank against 2,275 peers of its type and size
Locked
Owners and executives, with titles and stakes
2 namedLocked
Main office, fax and compliance officer
Locked
Filing changes this year, with alerts
1Locked
Open Atlas free

Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does 1st & Main Growth Partners manage?

1st & Main Growth Partners reports $680 million in regulatory assets under management across 3 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 28, 2026.

What kind of firm is 1st & Main Growth Partners?

1st & Main Growth Partners is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.

Who are 1st & Main Growth Partners’s clients?

By assets, its largest client types are pooled investment vehicles ($680 million, 3 clients).

Does 1st & Main Growth Partners manage private funds?

Yes. It reports 3 private funds with $680 million in gross assets, including private equity funds.

Does 1st & Main Growth Partners have any disciplinary history?

1st & Main Growth Partners answers yes to 2 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is 1st & Main Growth Partners’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-04-28), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.

Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →