DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Sit Investment Associates, Inc
Latest filing Jun 22, 2026
First filing on the tape Mar 27, 2012 · 30 filings
SEC status approved since Sep 18, 1981
RAUM
$3.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
6.0%
$214M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
73
35 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$3.5B as of Jun 22, 2026
Mar 27, 2012$5.0B then
HNW client RAUM$214M as of Jun 22, 2026
Mar 28, 2018$281M then
State-registered IARs (5.B.3)0 as of Jun 22, 2026
Mar 27, 20120 then
Employees (5.A)73 as of Jun 22, 2026
Feb 7, 201372 then
Private funds7 as of Jun 22, 2026
Mar 27, 201211 then
RAUM n/a over the last fiscal year+3.6% a year over three
Practice profile
derived from the filing of Jun 22, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $12.6MderivedHNW RAUM over HNW clients
- Average account
- $44.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 25%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Custody
- $340M, 12 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$1.9B54%
- Charitable organizations$449M13%
- Pooled investment vehicles$341M9.6%
- High-net-worth individuals$214M6.0%
- Pension and profit-sharing plans$212M6.0%
- Insurance companies$188M5.3%
- Corporations and businesses$182M5.1%
- State and municipal entities$54.4M1.5%
- Individual clients
- n/areported
- HNW clients
- 17reported
- Pension plan clients
- n/areported
- Charitable clients
- 5reported
- Accounts
- 80reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $340M for 12 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.06 fund_share=0.63 institutional_share=0.25 related_bd=true related_bank=true bd_reps=11.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
12 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Sit Capital Fund, L.P. | Other Private Fund | $79.7M | 13 | Mar 27, 2012 |
| Sit Global Fund, LLC | Other Private Fund | $39.3M | 4 | Mar 27, 2012 |
| Sit Global Dividend Growth Fund, LLC | Other Private Fund | $23.8M | 11 | Mar 27, 2012 |
| Sit Small Cap Fund, LLC | Other Private Fund | $16.9M | 3 | Mar 27, 2012 |
| Sit Dividend Growth Fund, LLCno longer reported | Other Private Fund | $12.5M | 6 | Mar 27, 2012 |
| Sit Large Cap Fund, LLC | Other Private Fund | $11.5M | 4 | Mar 27, 2012 |
| Sit Pacific Basin Fund, LLC | Other Private Fund | $10.3M | 6 | Mar 27, 2012 |
| Sit Dividend Growth Fund II, LLCno longer reported | Other Private Fund | $7.6M | 4 | Mar 27, 2012 |
| Sit Small Cap Fund II, LLC | Other Private Fund | $5.5M | 3 | Mar 27, 2012 |
| Sit/Kim International Fund II, LLCno longer reported | Other Private Fund | $2.0M | 2 | Mar 27, 2012 |
| Sit Fund I, LLC | Real Estate Fund | $1.6M | 15 | Mar 30, 2022 |
| Sit/Kim International Investment L.P.no longer reported | Other Private Fund | $612,175 | 18 | Mar 27, 2012 |
Owners and control persons
Schedule A and B, latest filing
- V. Gail Sit · Shareholdercontrolsince 06/2008 · owns 25% to 50%
- W Robert Sit · Vice Presidentcontrolsince 12/2010 · owns 10% to 25%
- J Roger Sit · President, Ceo & Global Cio, Director, Trusteecontrolsince 02/2008 · owns 50% to 75%
- D. Ronald Sit · Vice President, Director, Trusteecontrolsince 12/2009 · owns 50% to 75%
- Edward Paul Rasmussen · Vice President, Chief Compliance Officersince 12/1998 · owns less than 5%
- Eugene Raymond Sit · Vice Presidentsince 12/2015 · owns 5% to 10%
Entity owners
- Gail V. Sit Family Trust · Shareholderdirect · owns 25% to 50%
Related persons
Schedule D 7.A
- Sia Securities Corp.broker-dealery
- Sit Fixed Income Advisors II, LLCinvestment adviserbankpooled vehicle sponsoryRAUM $15B
Advisers that list Sit Investment Associates, Inc as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Jun 22, 2026institutional share of RAUM of 25% against a peer median of 0% (1506 comparable advisers, 99.0th percentile, 8.6 robust deviations)peers: asset managers, $1B to $5B (1,506) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 77 to 80May 1, 2025 to Mar 20, 2026
- Advisory employees · 36 to 35May 1, 2025 to Mar 20, 2026
- Charity clients · 6 to 5May 1, 2025 to Mar 20, 2026
- HNW clients · 15 to 17May 1, 2025 to Mar 20, 2026
- Assets in custody · $297M to $340MMay 1, 2025 to Mar 20, 2026
- Discretionary RAUM · $3.4B to $3.5BMay 1, 2025 to Mar 20, 2026
- HNW RAUM · $189M to $214MMay 1, 2025 to Mar 20, 2026
- Pension RAUM · $179M to $212MMay 1, 2025 to Mar 20, 2026
- Pooled vehicle RAUM · $288M to $341MMay 1, 2025 to Mar 20, 2026
- RAUM · $3.4B to $3.5BMay 1, 2025 to Mar 20, 2026
- Accounts · 81 to 77Mar 28, 2024 to May 1, 2025
- HNW clients · 16 to 15Mar 28, 2024 to May 1, 2025
- Pooled vehicle clients · 9 to 8Mar 28, 2024 to May 1, 2025
- Assets in custody · $288M to $297MMar 28, 2024 to May 1, 2025
- Employees · 72 to 73Mar 28, 2024 to May 1, 2025
- Financial planning clients · unset to Mar 28, 2024 to May 1, 2025
- Private funds · 8 to 7Mar 28, 2024 to May 1, 2025
- Discretionary RAUM · $3.2B to $3.4BMar 28, 2024 to May 1, 2025
- HNW RAUM · $169M to $189MMar 28, 2024 to May 1, 2025
- Pension RAUM · $134M to $179MMar 28, 2024 to May 1, 2025
- Pooled vehicle RAUM · $274M to $288MMar 28, 2024 to May 1, 2025
- RAUM · $3.2B to $3.4BMar 28, 2024 to May 1, 2025
- Accounts · 85 to 81Aug 10, 2023 to Mar 28, 2024
- Advisory employees · 34 to 36Aug 10, 2023 to Mar 28, 2024
- BD registered reps · 10 to 11Aug 10, 2023 to Mar 28, 2024
- HNW clients · 17 to 16Aug 10, 2023 to Mar 28, 2024
- Pooled vehicle clients · 10 to 9Aug 10, 2023 to Mar 28, 2024
- Assets in custody · $240M to $288MAug 10, 2023 to Mar 28, 2024
- Employees · 71 to 72Aug 10, 2023 to Mar 28, 2024
- Discretionary RAUM · $3.2B to $3.2BAug 10, 2023 to Mar 28, 2024
- HNW RAUM · $154M to $169MAug 10, 2023 to Mar 28, 2024
- Pension RAUM · $112M to $134MAug 10, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $209M to $274MAug 10, 2023 to Mar 28, 2024
- RAUM · $3.2B to $3.2BAug 10, 2023 to Mar 28, 2024
- Accounts · 83 to 85Mar 30, 2022 to Mar 29, 2023
- Advisory employees · 33 to 34Mar 30, 2022 to Mar 29, 2023
- HNW clients · 16 to 17Mar 30, 2022 to Mar 29, 2023
- Assets in custody · $301M to $240MMar 30, 2022 to Mar 29, 2023
- Employees · 70 to 71Mar 30, 2022 to Mar 29, 2023
- Discretionary RAUM · $4.2B to $3.2BMar 30, 2022 to Mar 29, 2023
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
- SIT Investment Associates Inc · Family Officesshared crd · office
How to reach
public business contact points only, each with its source
- Website
- SITINVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 612-332-3223reportedpublic record, Form ADV, Jun 22, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
Sit Investment Associates, Inc is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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