{"url":"https://nivawealth.com/firms/44-north-capital-327552","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/327552","regulatoryAum":125122374,"crd":"327552","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6268230","suffix":null,"lastName":"FOREST","firstName":"ALEXANDRA","middleName":"KAKNES"},{"crd":"6004737","suffix":null,"lastName":"LANDRY","firstName":"JONATHAN","middleName":"A"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2024-04-16","regulatoryAum":104480973,"clients":87,"employees":3,"offices":1},{"filedOn":"2025-03-10","regulatoryAum":113955548,"clients":402,"employees":3,"offices":1},{"filedOn":"2026-08-26","regulatoryAum":125122374,"clients":438,"employees":3,"offices":2}],"secFileNumber":"801-128572","legalName":"44 North Capital, LLC","displayName":"44 North Capital","slug":"44-north-capital-327552","website":"https://44ncap.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/327552/c81eade4380abc29-r1.webp","tone":"light","width":789,"height":200,"sourceUrl":"https://44ncap.com","sourceLabel":"44 North Capital, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/44-north-capital/","founded":null,"organization":"Vermont limited liability company","fiscalYearEnd":"December","headquarters":{"street":"431 Pine Street, Suite 114","city":"Burlington","state":"VT","stateName":"Vermont","country":"United States","postalCode":"05401"},"tradeNames":[],"registration":{"secApproved":"15 August 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":287010.70588235295,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":125122374,"discretionary":125122374,"discretionaryAccounts":438,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":125122374,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":208,"regulatoryAum":25558552},{"label":"High-net-worth individuals","clients":217,"regulatoryAum":96420998},{"label":"Pension and profit-sharing plans","clients":9,"regulatoryAum":1081422},{"label":"Corporations and other businesses","clients":4,"fewerThan5":true,"regulatoryAum":2061402}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052936","versionId":1052936,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-07-27","documentName":"ADV PART 2A DISCLOSURE BROCHURE","fee_rate_low":null,"fee_rate_high":1.25,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Fee set in the advisory agreement, either fixed or based on assets under management; the brochure states no rate.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052936","versionId":1052936,"submittedOn":"2026-07-27","documentName":"ADV PART 2A DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:33:09.801991+00:00","documents":[{"name":"ADV PART 2A DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052936","versionId":1052936,"submittedOn":"2026-07-27"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052937","versionId":1052937,"submittedOn":null}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":12512274}],"custodyNote":"44 North Capital has custody of $16.4M in client assets for 45 clients.","otherCustodians":[],"leadership":[{"name":"Ashley Buchanan","title":"Chief Compliance Officer","crd":"6643855"},{"name":"Jonathan Landry","title":"Founder/Managing Director","crd":"6004737"}],"ownership":[{"label":"Jonathan Landry","detail":"Founder/managing director in the 75% or more ownership band and a control person, since September 2023."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Vermont","offices":1,"addresses":[{"street":"431 Pine Street, Suite 114","city":"Burlington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"802-300-0614","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Other"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":12},{"label":"U.S. state and local bonds","percent":11},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"26 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/327552/PDF/327552.pdf","brochureDate":"27 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1052936","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does 44 North Capital have?","answer":"44 North Capital has 438 clients and manages $125 million for them, as of August 2026. They include 217 high-net-worth individuals, 208 individual clients, and 9 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does 44 North Capital offer?","answer":"44 North Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and publishing newsletters.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does 44 North Capital charge?","answer":"44 North Capital charges up to 1.25% a year for its Investment Management Services. The fee is billed in advance.","source":"ADV PART 2A DISCLOSURE BROCHURE, filed 27 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does 44 North Capital use?","answer":"44 North Capital’s separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $12.5M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does 44 North Capital have?","answer":"44 North Capital has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does 44 North Capital invest in?","answer":"At the end of its last fiscal year, 44 North Capital’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 12% exchange-traded equities, 11% state and local bonds and 2% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns 44 North Capital?","answer":"44 North Capital’s direct owner is Jonathan Landry (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does 44 North Capital get paid?","answer":"44 North Capital is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact 44 North Capital?","answer":"44 North Capital’s main office is at 431 Pine Street, Suite 114, Burlington, VT 05401. Its phone number is 802-300-0614. Its website is 44ncap.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}