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

Winona Capital Management, LLC

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 162882SEC 801-79787websiteIAPD
Latest filing Jun 18, 2026
First filing on the tape May 15, 2014 · 21 filings
SEC status approved since Jun 6, 2014
RAUM
$256M
reported, Item 5.F
Discretionary
100%
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
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$256M as of Jun 18, 2026
Mar 31, 2015$251M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 18, 2026
Mar 31, 20150 then
Employees (5.A)6 as of Jun 18, 2026
Mar 31, 201514 then
Private funds7 as of Jun 18, 2026
Mar 31, 20155 then
RAUM +0.4% over the last fiscal year-5.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 18, 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
$36.5MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.4%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, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$30.6M, 2 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • 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$256M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$30.6M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 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
      10 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Winona Capital Partners II, LPPrivate Equity Fund$176M89Mar 31, 2014
      Wcp Ee Investor LLCPrivate Equity Fund$172M10Mar 24, 2016
      Winona R&G, LLCPrivate Equity Fund$44.5M7Mar 30, 2017
      Diono Extension, LLCPrivate Equity Fund$11.1M55Mar 30, 2021
      Ily Extension, LLCPrivate Equity Fund$5.5M54Mar 30, 2021
      Winona Kjus Co-Investor, LLCno longer reportedPrivate Equity Fund$3.9M10Mar 31, 2014
      Winona Capital Partners, LLCPrivate Equity Fund$2.7M20Mar 30, 2012
      Winona Pm Co-Investor, LLCno longer reportedOther Private Fund$598,0004Mar 30, 2012
      Krk Capital I Limited Partnershipno longer reportedPrivate Equity Fund$111,97217Mar 30, 2012
      Winona Circa Co-Investor, LLCno longer reportedPrivate Equity Fund$06Mar 31, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • Laird Martin Koldyke · Founder & Managing Director; Membercontrol
        since 08/2006 · owns 50% to 75%
      • Everett Lucius Reese · Founder & Managing Directorcontrol
        since 08/2006 · owns less than 5%
      • Ferris Jason Sowers · Chief Compliance Officer, Chief Financial Officer, Directorcontrol
        since 07/2023 · owns less than 5%
      • Jordan Daniel Kipp · Membercontrol
        since 09/2011 · owns 25% to 50% of Wcm Incentive, LLC
      • Laird Martin Koldyke · Membercontrol
        since 09/2011 · owns 25% to 50% of Wcm Incentive, LLC
      • Everett Lucius Reese · Membercontrol
        since 09/2011 · owns 25% to 50% of Wcm Incentive, LLC
      • Jean Barbara Kelly · Trustee Of Lucius E. Reese Grantor Trust
        since 02/2017 · owns 50% to 75%
      Entity owners
      • Laird Norton Company · Member
        indirect · owns 50% to 75% of Lnc Investment Co., LLC
      • Lnc Investment Co., LLC · Profit Participation Interest
        direct · owns 25% to 50%
      • Lucius E. Reese Grantor Trust · Member
        direct · owns 50% to 75%
      • Wcm Incentive, LLC · Profit Participation Interest
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • Wcm Extension Manager, LLC
        pooled vehicle sponsorn
      • Wcm Gp II, LLC
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 7
        Jun 2, 2025 to Mar 30, 2026
      • Charity clients · 0.0 to unset
        Jun 2, 2025 to Mar 30, 2026
      • Corporate clients · 0.0 to unset
        Jun 2, 2025 to Mar 30, 2026
      • HNW clients · 0.0 to unset
        Jun 2, 2025 to Mar 30, 2026
      • Individual clients · 0.0 to unset
        Jun 2, 2025 to Mar 30, 2026
      • Pension plan clients · 0.0 to unset
        Jun 2, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 6 to 7
        Jun 2, 2025 to Mar 30, 2026
      • Assets in custody · $32.5M to $30.6M
        Jun 2, 2025 to Mar 30, 2026
      • Private funds · 6 to 7
        Jun 2, 2025 to Mar 30, 2026
      • Discretionary RAUM · $255M to $256M
        Jun 2, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $255M to $256M
        Jun 2, 2025 to Mar 30, 2026
      • RAUM · $255M to $256M
        Jun 2, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to Jun 2, 2025
      • Advisory employees · 5 to 4
        May 29, 2024 to Mar 31, 2025
      • Assets in custody · $46.9M to $32.5M
        May 29, 2024 to Mar 31, 2025
      • Employees · 7 to 6
        May 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $267M to $255M
        May 29, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $267M to $255M
        May 29, 2024 to Mar 31, 2025
      • RAUM · $267M to $255M
        May 29, 2024 to Mar 31, 2025
      • Advisory employees · 6 to 5
        Jul 26, 2023 to Mar 28, 2024
      • Assets in custody · $68.3M to $46.9M
        Jul 26, 2023 to Mar 28, 2024
      • Employees · 8 to 7
        Jul 26, 2023 to Mar 28, 2024
      • Discretionary RAUM · $307M to $267M
        Jul 26, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $307M to $267M
        Jul 26, 2023 to Mar 28, 2024
      • RAUM · $307M to $267M
        Jul 26, 2023 to Mar 28, 2024
      • Advisory employees · 5 to 6
        Mar 30, 2022 to Mar 31, 2023
      • Assets in custody · $16.1M to $68.3M
        Mar 30, 2022 to Mar 31, 2023
      • Employees · 9 to 8
        Mar 30, 2022 to Mar 31, 2023
      • Discretionary RAUM · $255M to $307M
        Mar 30, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $255M to $307M
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $255M to $307M
        Mar 30, 2022 to Mar 31, 2023
      • Advisory employees · 7 to 5
        Dec 16, 2021 to Mar 30, 2022
      • Assets in custody · $13.6M to $16.1M
        Dec 16, 2021 to Mar 30, 2022
      • Employees · 10 to 9
        Dec 16, 2021 to Mar 30, 2022
      • Discretionary RAUM · $238M to $255M
        Dec 16, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $238M to $255M
        Dec 16, 2021 to Mar 30, 2022
      • RAUM · $238M to $255M
        Dec 16, 2021 to Mar 30, 2022
      • Accounts · 4 to 6
        Mar 30, 2020 to Mar 30, 2021
      • Advisory employees · 12 to 7
        Mar 30, 2020 to Mar 30, 2021
      • Pooled vehicle clients · 4 to 6
        Mar 30, 2020 to Mar 30, 2021
      Signals
      7 dated events
      • Ferris Jason Sowers (Chief Compliance Officer, Director) appeared on Schedule A of Winona Capital Management, Llc
        Jul 26, 2023 · Control person joined · fact
      • Michael Jack Yates (Chief Compliance Officer, Chief Financial Officer) no longer on Schedule A of Winona Capital Management, Llc (listed 2023-03-31, absent 2023-07-26)
        Jul 26, 2023 · Control person left · inference
      • Jordan Daniel Kipp (Member) appeared on Schedule A of Winona Capital Management, Llc
        Mar 31, 2023 · Control person joined · fact
      • Michael Jack Yates (Chief Compliance Officer, Chief Financial Officer) appeared on Schedule A of Winona Capital Management, Llc
        Mar 30, 2020 · Control person joined · fact
      • Nmn Sandeep Dhuper (Chief Financial Officer/Chief Compliance Officer) no longer on Schedule A of Winona Capital Management, Llc (listed 2019-11-19, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Leslie John Mcblain (Chief Compliance Officer / Director Of Finance) no longer on Schedule A of Winona Capital Management, Llc (listed 2019-03-25, absent 2019-11-19)
        Nov 19, 2019 · Control person left · inference
      • Winona Capital Management filed its initial SEC registration (Form ADV)
        May 15, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/winona-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
      Website
      winonacapital.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      312-334-8800reportedpublic record, Form ADV, Jun 18, 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