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SEC-registered adviser

S•• C•••••• M••••••••• L••

Other adviserNew York, New YorkCRD 119043SEC 801-61480websiteIAPD
Latest filing Jul 21, 2026
First filing on the tape Mar 13, 2012 · 29 filings
SEC status approved since Sep 20, 2002
RAUM
$413M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
2
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$413M as of Jul 21, 2026
Mar 13, 2012$1.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 21, 2026
Mar 13, 20120 then
Employees (5.A)10 as of Jul 21, 2026
Mar 18, 20134 then
Private funds2 as of Jul 21, 2026
Mar 30, 20221 then
RAUM -2.9% over the last fiscal year+24% a year over threeIARs 0 to 0offices 1 to 3
Practice profile
derived from the filing of Jul 21, 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
unknownderivedHNW RAUM over HNW clients
Average account
$45.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
43%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
-2.9%derivedbetween 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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$209M51%
  • State and municipal entities$178M44%
  • Corporations and businesses$18.9M4.7%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.51 institutional_share=0.43 related_bd=true related_bank=false bd_reps=5.0derived
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
      2 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••••• D•••••• N•• · Chief Compliance Officercontrol
        since 10/2013 · owns less than 5%
      • W•••••••• C••••••••• J••••• · Chairman & Ceocontrol
        since 01/2002 · owns less than 5%
      • C•••••••• H••••• G•••••• · Vice-Chairmancontrol
        since 11/2019 · owns F of S•••• W••••••• C•••••••• L••
      • S••••••••• S••••••• F•••••• · Super Majority Membercontrol
        since 03/2021 · owns 75% or more of S•••• C•••••• G••••• L••
      • W•••••••• C••••••••• J••••• · Chairmancontrol
        since 11/2019 · owns F of S•••• W••••••• C•••••••• L••
      Entity owners
      • S•••• W••••••• C•••••••• L•• · Member
        direct · owns 75% or more
      • S•••• C•••••• G••••• L•• · Member
        indirect · owns 25% to 50% of S•••• W••••••• C•••••••• L••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      • Chicago, IL
      What changed
      consecutive filings, newest first
      • Other offices · 1 to 3
        Mar 30, 2026 to Jul 21, 2026
      • Discretionary RAUM · $380M to $355M
        Mar 31, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $45.2M to $58.0M
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $219M to $209M
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $426M to $413M
        Mar 31, 2025 to Mar 30, 2026
      • Accounts · 8 to 9
        Feb 5, 2025 to Mar 31, 2025
      • Advisory employees · 3 to 4
        Feb 5, 2025 to Mar 31, 2025
      • Employees · 9 to 10
        Feb 5, 2025 to Mar 31, 2025
      • Financial planning clients · 0 to 0
        Feb 5, 2025 to Mar 31, 2025
      • Discretionary RAUM · $460M to $380M
        Feb 5, 2025 to Mar 31, 2025
      • Non-discretionary RAUM · $38.1M to $45.2M
        Feb 5, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $243M to $219M
        Feb 5, 2025 to Mar 31, 2025
      • RAUM · $498M to $426M
        Feb 5, 2025 to Mar 31, 2025
      • Accounts · 5 to 8
        May 17, 2023 to Mar 28, 2024
      • Advisory employees · 4 to 3
        May 17, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 1 to 2
        May 17, 2023 to Mar 28, 2024
      • Employees · 10 to 9
        May 17, 2023 to Mar 28, 2024
      • Private funds · 1 to 2
        May 17, 2023 to Mar 28, 2024
      • Discretionary RAUM · $218M to $460M
        May 17, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $0 to $38.1M
        May 17, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $144M to $243M
        May 17, 2023 to Mar 28, 2024
      • RAUM · $218M to $498M
        May 17, 2023 to Mar 28, 2024
      • Accounts · 4 to 5
        May 27, 2022 to Mar 31, 2023
      • Advisory employees · 2 to 4
        May 27, 2022 to Mar 31, 2023
      • Discretionary RAUM · $207M to $218M
        May 27, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $141M to $144M
        May 27, 2022 to Mar 31, 2023
      • RAUM · $207M to $218M
        May 27, 2022 to Mar 31, 2023
      • Accounts · 3 to 4
        Mar 26, 2021 to Mar 30, 2022
      • Advisory employees · 3 to 2
        Mar 26, 2021 to Mar 30, 2022
      • Advisory activities · 1 to 2
        Mar 26, 2021 to Mar 30, 2022
      • Business name · W••••••• C•••••• M••••••••• L•• to S•• C•••••• M••••••••• L••
        Mar 26, 2021 to Mar 30, 2022
      • Pooled vehicle clients · unset to 1.0
        Mar 26, 2021 to Mar 30, 2022
      • Employees · 8 to 10
        Mar 26, 2021 to Mar 30, 2022
      • Private funds · unset to 1
        Mar 26, 2021 to Mar 30, 2022
      • Discretionary RAUM · $85.7M to $207M
        Mar 26, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · unset to 141400000.0
        Mar 26, 2021 to Mar 30, 2022
      • RAUM · $85.7M to $207M
        Mar 26, 2021 to Mar 30, 2022
      • Advisory employees · 2 to 3
        Oct 15, 2020 to Mar 26, 2021
      • BD registered reps · 4 to 5
        Oct 15, 2020 to Mar 26, 2021
      • HNW clients · 0.0 to unset
        Oct 15, 2020 to Mar 26, 2021
      Signals
      4 dated events
      • S•• C•••••• M••••••••• L•• reported RAUM $498.0M, up 128% from $218.4M (2023-05-17 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • S•• C•••••• M••••••••• L•• reported RAUM $207.3M, up 142% from $85.7M (2021-03-26 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Gabriel Henry Cisneros (Vice-Chairman) appeared on Schedule A of S•• C•••••• M••••••••• L••
        Oct 15, 2020 · Control person joined · fact
      • Frances Suzanne Shank-Werdlow (Member) appeared on Schedule A of S•• C•••••• M••••••••• L••
        Dec 2, 2019 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      swscapitalmanagement.comreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      212-461-6500reportedpublic record, Form ADV, Jul 21, 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
      Other adviserderiveda 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