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
North Square Investments, LLC
Latest filing May 21, 2026
First filing on the tape Aug 30, 2018 · 15 filings
SEC status approved since Apr 30, 2019
RAUM
$3.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$1.1B
derived; firm RAUM over IAPD count
Employees
27
0 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$3.2B as of May 21, 2026
Mar 27, 2020$257M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of May 21, 2026
Mar 29, 20190 then
Employees (5.A)27 as of May 21, 2026
Mar 29, 201924 then
Private funds: no history
RAUM +56% over the last fiscal year+42% a year over threeIARs 2 to 3
Practice profile
derived from the filing of May 21, 2026; every figure names its basis
Archetypes, each a printed rule
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- RAUM per advisor
- $1.1BderivedRAUM 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
- $225MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 9.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +56%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for investment companies, selection of other advisersreportedItem 5.G
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$3.2B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 14reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=18.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Philip James Callahan | Chicago, Il | May 11, 2019 | 34 y | 2 |
| Ryan Fero | Chicago, Il | Mar 13, 2025 | 10 y | 1 |
| Jacqueline Kay Melugin | Chicago, Il | Sep 8, 2025 | 10 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
- Luke Coogan to Columbia Management Investment Advisers, LLCNov 15, 2024 · Other
- James Joseph Barclay to Advisors Asset Management, Inc.Nov 8, 2023 · Other
- Kierstin Renee Green to Edward JonesApr 2, 2019 · Other
Joined, latest
- Jacqueline Kay Melugin from Nuveen Asset Management, LLCSep 8, 2025 · Other
- Ryan Fero from Capital Client Group, Inc.Mar 13, 2025 · Other
- Philip James Callahan from Oak Ridge Investments, LLCMay 11, 2019 · RIA to a newly registered adviser
- James Joseph Barclay from Oak Ridge Investments, LLCMay 11, 2019 · RIA to a newly registered adviser
- Kierstin Renee Green from Oak Ridge Investments, LLCDec 27, 2018 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from Oak Ridge Investments, LLCAug 15, 2018 · Chicago, Il · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- James Philip Callahan · Head Of Distributioncontrolsince 07/2018 · owns less than 5%
- William Bradley Cox · Chief Financial Officercontrolsince 07/2023 · owns less than 5%
- David Mark Goodwin · Chief Executive Officercontrolsince 07/2018 · owns less than 5%
- Eugene Alan Molotsky · General Counselcontrolsince 07/2018 · owns less than 5%
- Arthur Ulf Skreppen · Chief Operations Officer And Chief Compliance Officercontrolsince 01/2023 · owns less than 5%
- Peter John Amboian · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- Anthony Neil Cummins · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- Joseph Brian Gaffney · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- David Mark Goodwin · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- Charles Darrin Jeffries · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- Allan Danny Kang · Managing Directorcontrolsince 01/2018 · owns F of Estancia Ugp II, LLC
- Alan Dana Kurttila · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- Casares Michael Mendez · Managing Directorcontrolsince 01/2018 · owns F of Estancia Ugp II, LLC
- Bayard Takashi Moriuchi · Elected Manager Of Sole Membercontrolsince 08/2018 · owns F of Nsi Holdco, LLC
- Bayard Takashi Moriuchi · Managing Directorcontrolsince 04/2018 · owns F of Estancia Ugp II, LLC
Entity owners
- Nsi Holdco, LLC · Sole Memberdirect · owns 75% or more
- Estancia Capital Partners Fund II, L.P. · Member Of Nsi Holdco, LLCindirect · owns 50% to 75% of Nsi Holdco, LLC
- Estancia Gp II, L.P. · General Partnerindirect · owns 75% or more of Estancia Capital Partners Fund II, L.P.
- Estancia Managing Directors, LLC · Limited Partnerindirect · owns 75% or more of Estancia Gp II, L.P.
- Estancia Ugp II, LLC · General Partnerindirect · owns F of Estancia Gp II, L.P.
Related persons
Schedule D 7.A
- Anos Capital, L.L.C.broker-dealerinvestment advisern
- Cs Mckeeinvestment advisernRAUM $12B
- Estancia Capital Management, LLCinvestment advisernRAUM $908M
- Estancia Gp II, LPpooled vehicle sponsorn
- Estancia Gp III, L.Ppooled vehicle sponsorn
- Estancia Gp, LLCpooled vehicle sponsorn
- Geneva Capital Management LLCinvestment advisernRAUM $5.6B
- Nsi Retail Advisors, LLCinvestment advisernRAUM $703M
- Pma Securities, LLCbroker-dealern
- Ptma Investment Advisorsinvestment advisernRAUM $31B
- Sapience Investments, LLCinvestment advisernRAUM $185M
- Snowden Account Services LLCbroker-dealern
- Snowden Capital Advisors LLCinvestment advisernRAUM $8.9B
- Snowden Insurance Services, LLCreal estaten
Advisers that list North Square Investments, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- BD registered reps · 13 to 18Mar 31, 2025 to Feb 9, 2026
- Employees · 21 to 27Mar 31, 2025 to Feb 9, 2026
- State-registered IARs · 2 to 3Mar 31, 2025 to Feb 9, 2026
- Discretionary RAUM · $2.0B to $3.2BMar 31, 2025 to Feb 9, 2026
- RAUM · $2.0B to $3.2BMar 31, 2025 to Feb 9, 2026
- Related bank · false to trueMar 31, 2025 to Feb 9, 2026
- Accounts · 12 to 14Mar 28, 2024 to Mar 31, 2025
- Advisory activities · 1 to 2Mar 28, 2024 to Mar 31, 2025
- BD registered reps · 12 to 13Mar 28, 2024 to Mar 31, 2025
- Employees · 23 to 21Mar 28, 2024 to Mar 31, 2025
- Financial planning clients · unset to Mar 28, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.4B to $2.0BMar 28, 2024 to Mar 31, 2025
- RAUM · $1.4B to $2.0BMar 28, 2024 to Mar 31, 2025
- BD registered reps · 14 to 12Aug 4, 2023 to Mar 28, 2024
- Employees · 26 to 23Aug 4, 2023 to Mar 28, 2024
- State-registered IARs · 5 to 2Aug 4, 2023 to Mar 28, 2024
- Discretionary RAUM · $1.1B to $1.4BAug 4, 2023 to Mar 28, 2024
- RAUM · $1.1B to $1.4BAug 4, 2023 to Mar 28, 2024
- BD registered reps · 15 to 14Jul 21, 2022 to Mar 31, 2023
- Employees · 24 to 26Jul 21, 2022 to Mar 31, 2023
- State-registered IARs · 6 to 5Jul 21, 2022 to Mar 31, 2023
- Discretionary RAUM · $1.2B to $1.1BJul 21, 2022 to Mar 31, 2023
- RAUM · $1.2B to $1.1BJul 21, 2022 to Mar 31, 2023
- Accounts · 9 to 12Mar 30, 2021 to Mar 30, 2022
- Advisory employees · 1 to 0Mar 30, 2021 to Mar 30, 2022
- BD registered reps · 10 to 15Mar 30, 2021 to Mar 30, 2022
- Employees · 21 to 24Mar 30, 2021 to Mar 30, 2022
- State-registered IARs · 2 to 6Mar 30, 2021 to Mar 30, 2022
- Discretionary RAUM · $330M to $1.2BMar 30, 2021 to Mar 30, 2022
- RAUM · $330M to $1.2BMar 30, 2021 to Mar 30, 2022
- Accounts · 7 to 9Mar 27, 2020 to Mar 30, 2021
- BD registered reps · 8 to 10Mar 27, 2020 to Mar 30, 2021
- Employees · 19 to 21Mar 27, 2020 to Mar 30, 2021
- State-registered IARs · 1 to 2Mar 27, 2020 to Mar 30, 2021
- Discretionary RAUM · $257M to $330MMar 27, 2020 to Mar 30, 2021
- RAUM · $257M to $330MMar 27, 2020 to Mar 30, 2021
- BD registered reps · 9 to 8Aug 26, 2019 to Mar 27, 2020
- Employees · 21 to 19Aug 26, 2019 to Mar 27, 2020
- Discretionary RAUM · $314M to $257MAug 26, 2019 to Mar 27, 2020
- RAUM · $314M to $257MAug 26, 2019 to Mar 27, 2020
Signals
11 dated events
- North Square Investments, Llc reported RAUM $3.2B, up 56% from $2.0B (2025-03-31 to 2026-02-09)Feb 9, 2026 · RAUM change · derived
- North Square Investments, Llc reported RAUM $2.0B, up 46% from $1.4B (2024-03-28 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Luke Coogan left North Square Investments, Llc for Columbia Management Investment Advisers, Llc (registered 2024-07-29)Nov 15, 2024 · Advisor changed firm · fact
- James Joseph Barclay left North Square Investments, Llc for Advisors Asset Management, Inc. (registered 2023-09-11)Nov 8, 2023 · Advisor changed firm · fact
- Keith Dan Ellenwood (Chief Compliance Officer) no longer on Schedule A of North Square Investments, Llc (listed 2023-03-31, absent 2023-06-13)Jun 13, 2023 · Control person left · inference
- William Bradley Cox (Chief Financial Officer) appeared on Schedule A of North Square Investments, LlcJun 13, 2023 · Control person joined · fact
- Arthur Ulf Skreppen (Chief Operations Officer) appeared on Schedule A of North Square Investments, LlcMar 31, 2023 · Control person joined · fact
- John David Gaspar (Chief Operations And Information Officer; Senior Managing Director) no longer on Schedule A of North Square Investments, Llc (listed 2022-07-21, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- North Square Investments, Llc reported RAUM $1.2B, up 275% from $329.9M (2021-03-30 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Keith Dan Ellenwood (Chief Compliance Officer) appeared on Schedule A of North Square Investments, LlcMar 30, 2021 · Control person joined · fact
- North Square Investments, Llc filed its initial SEC registration (Form ADV)Aug 30, 2018 · First SEC registration · fact
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
- Firm profile
- linkedin.com/company/north-square-investmentsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- northsquareinvest.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-857-2160reportedpublic record, Form ADV, May 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.1Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026