Asset manager · Lehi, UT
Townsquare Capital, LLC
SEC-registered investment adviser · CRD 288576 · SEC 801-110591
At a glance
Townsquare Capital, LLC is an SEC-registered investment adviser based in Lehi, Utah, with $18.1 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is other investment advisers, and it reports 18 individual clients. By Form ADV it is a asset manager, ranked 387th of 3,218 asset managers and 932nd of 17,210 SEC-registered advisers by assets.
Main office 385-375-8650townsquarecapital.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $18B
- Rank among asset managers
- #387 of 3,218
- Rank among all SEC RIAs
- #932 of 17,210
- Rank in Utah
- #3 of 151
- Individual clients
- 18
- High-net-worth clients
- 0
- Accounts
- 58,181
- Discretionary
- 100% of AUM
- Employees
- 53
- Advisory staff
- 17
- Offices
- 2
Owners and executives on its Form ADV
- Kylee M. BeachChief Legal Officer/secretary
- Michael J. FolkerPresident
- Mark A. AudrainChief Compliance Officer
- Mark K. MayoChief Financial Officer
- Natalie G. WolfsenCEO
Custody and brokerage
Broker-dealer
Hybrid RIA
Townsquare Capital, LLC is a hybrid RIA: 2 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Brinker Capital Securities, LLC.
- Brinker Capital Securities, LLC ↗CRD 38123
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Other investment advisers | 76 | $18B | 100% |
| High-net-worth individuals | – | $25M | <1% |
| Pooled investment vehicles | 2 | $19M | <1% |
| Individuals | 18 | $3M | <1% |
| Corporations or other businesses | – | $0M | <1% |
Private funds
Townsquare Capital, LLC reports 2 private funds with $19M in gross assets: private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Townsquare Capital, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗townsquarecapital.com ↗
AtlasMembers
The full record on Townsquare Capital, LLC
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, 8 years of filings
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- Growth over one, three and five years
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- Rank against 434 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Townsquare Capital, LLC manage?
Townsquare Capital, LLC reports $18.1 billion in regulatory assets under management across 58,181 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Townsquare Capital, LLC?
Townsquare Capital, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Townsquare Capital, LLC’s clients?
By assets, its largest client types are other investment advisers ($18.0 billion, 76 clients); high-net-worth individuals ($25 million); pooled investment vehicles ($19 million, 2 clients).
Does Townsquare Capital, LLC manage private funds?
Yes. It reports 2 private funds with $19 million in gross assets, including private equity funds.
Does Townsquare Capital, LLC have any disciplinary history?
Townsquare Capital, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Townsquare Capital, LLC’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 (2026-03-31), 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 →