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SEC-registered adviser

C•••••• R••• C•••••• M••••••••• L•••

Wealth manager with institutional or fund businessBannockburn, IllinoisCRD 157296SEC 801-73129websiteIAPD
Latest filing Feb 4, 2026
First filing on the tape Feb 1, 2012 · 18 filings
SEC status approved since Feb 13, 2012
RAUM
$204M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
25%
$51.6M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$204M as of Feb 4, 2026
Mar 4, 2013$139M then
HNW client RAUM$51.6M as of Feb 4, 2026
Feb 1, 2018$49.6M then
State-registered IARs (5.B.3)0 as of Feb 4, 2026
Mar 4, 20134 then
Employees (5.A)4 as of Feb 4, 2026
Mar 4, 20135 then
Private funds1 as of Feb 4, 2026
Mar 4, 20131 then
RAUM +15% over the last fiscal year+15% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 4, 2026; every figure names its basis
Archetypes, each a printed rule
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
$68.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+15%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 assets, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$152M, 1 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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
  • Pooled investment vehicles$152M75%
  • High-net-worth individuals$51.6M25%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$152M for 1 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.25 fund_share=0.75 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      C•••••• R••• F••• L••Hedge Fund$128M44Feb 1, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • F•••••••• J••• H••••• · Managing Member, Chief Compliance Officercontrol
        since 04/2005 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Assets in custody · $137M to $152M
        Jan 31, 2025 to Feb 4, 2026
      • Discretionary RAUM · $178M to $204M
        Jan 31, 2025 to Feb 4, 2026
      • HNW RAUM · $40.6M to $51.6M
        Jan 31, 2025 to Feb 4, 2026
      • Pooled vehicle RAUM · $137M to $152M
        Jan 31, 2025 to Feb 4, 2026
      • RAUM · $178M to $204M
        Jan 31, 2025 to Feb 4, 2026
      • Assets in custody · $128M to $137M
        Jul 11, 2024 to Jan 31, 2025
      • Financial planning clients · unset to
        Jul 11, 2024 to Jan 31, 2025
      • Discretionary RAUM · $162M to $178M
        Jul 11, 2024 to Jan 31, 2025
      • HNW RAUM · $33.3M to $40.6M
        Jul 11, 2024 to Jan 31, 2025
      • Pooled vehicle RAUM · $128M to $137M
        Jul 11, 2024 to Jan 31, 2025
      • RAUM · $162M to $178M
        Jul 11, 2024 to Jan 31, 2025
      • Other offices · 0 to 1
        Jun 13, 2024 to Jul 11, 2024
      • Advisory employees · 5 to 4
        Mar 15, 2023 to Feb 5, 2024
      • Assets in custody · $114M to $128M
        Mar 15, 2023 to Feb 5, 2024
      • Employees · 5 to 4
        Mar 15, 2023 to Feb 5, 2024
      • Discretionary RAUM · $135M to $162M
        Mar 15, 2023 to Feb 5, 2024
      • HNW RAUM · $21.1M to $33.3M
        Mar 15, 2023 to Feb 5, 2024
      • Pooled vehicle RAUM · $114M to $128M
        Mar 15, 2023 to Feb 5, 2024
      • RAUM · $135M to $162M
        Mar 15, 2023 to Feb 5, 2024
      • Advisory employees · 6 to 5
        Mar 4, 2022 to Mar 15, 2023
      • Assets in custody · $165M to $114M
        Mar 4, 2022 to Mar 15, 2023
      • Employees · 6 to 5
        Mar 4, 2022 to Mar 15, 2023
      • Discretionary RAUM · $211M to $135M
        Mar 4, 2022 to Mar 15, 2023
      • HNW RAUM · $46.6M to $21.1M
        Mar 4, 2022 to Mar 15, 2023
      • Pooled vehicle RAUM · $165M to $114M
        Mar 4, 2022 to Mar 15, 2023
      • RAUM · $211M to $135M
        Mar 4, 2022 to Mar 15, 2023
      • Assets in custody · $149M to $165M
        Feb 19, 2021 to Mar 4, 2022
      • Employees · 7 to 6
        Feb 19, 2021 to Mar 4, 2022
      • Discretionary RAUM · $187M to $211M
        Feb 19, 2021 to Mar 4, 2022
      • HNW RAUM · $38.2M to $46.6M
        Feb 19, 2021 to Mar 4, 2022
      • Pooled vehicle RAUM · $149M to $165M
        Feb 19, 2021 to Mar 4, 2022
      • RAUM · $187M to $211M
        Feb 19, 2021 to Mar 4, 2022
      • HNW RAUM · $29.0M to $38.2M
        Jun 23, 2020 to Feb 19, 2021
      • Pooled vehicle RAUM · $131M to $149M
        Jun 23, 2020 to Feb 19, 2021
      • RAUM · $160M to $187M
        Jun 23, 2020 to Feb 19, 2021
      • Accounts · 2 to 3
        Jun 23, 2020 to Feb 19, 2021
      • Assets in custody · $131M to $149M
        Jun 23, 2020 to Feb 19, 2021
      • Discretionary RAUM · $160M to $187M
        Jun 23, 2020 to Feb 19, 2021
      • Advisory employees · 5 to 6
        Feb 18, 2019 to Jan 31, 2020
      • Assets in custody · $99.7M to $131M
        Feb 18, 2019 to Jan 31, 2020
      Signals
      1 dated events
      • Clayton Joseph Shugart (Managing Member) no longer on Schedule A of C•••••• R••• C•••••• M••••••••• L••• (listed 2018-02-01, absent 2019-02-18)
        Feb 18, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      C••••••R•••CAP.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      847-282-7010reportedpublic record, Form ADV, Feb 4, 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
      Wealth manager with institutional or fund businessderiveda 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