City Different Holdings provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. The firm advises 4 private funds.
City Different Holdings reports 105 clients. They include 100 high-net-worth individuals, 4 pooled investment vehicles and 1 investment company. Of its assets, 100.0% ($244M across 178 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 95% | 76% |
| Investment companies | <1% | 13% |
| Pooled investment vehicles | 4% | 10% |
| Corporations and other businesses | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 100 | $185M | 75.5% | $1.85M |
| Investment companies | 1 | $32.4M | 13.2% | $32.4M |
| Pooled investment vehicles | 4 | $24.6M | 10.1% | $6.16M |
| Corporations and other businesses | Fewer than 5 | $2.85M | 1.2% | — |
| Total | 105 | $244M | 100% | — |
- Clients
- 100
- Regulatory AUM
- $185M
- AUM share
- 75.5%
- Avg. per client
- $1.85M
- Clients
- 1
- Regulatory AUM
- $32.4M
- AUM share
- 13.2%
- Avg. per client
- $32.4M
- Clients
- 4
- Regulatory AUM
- $24.6M
- AUM share
- 10.1%
- Avg. per client
- $6.16M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.85M
- AUM share
- 1.2%
- Avg. per client
- —
Total
- Clients
- 105
- Regulatory AUM
- $244M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 4
City Different Holdings is paid through a percentage of assets under management, performance-based fees and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
City Different Investments, LLC owns 75% or more of City Different Holdings. Connor Browne is CEO; the leadership team includes Chief Operating Officer Joel Grimstad. It has 16 employees, 9 of them in advisory roles.
Leadership
- Connor BrowneChief Executive Officer, Director
- Joel GrimstadChief Compliance Officer, Chief Operating Officer, Chief Financial Officer
- Randall DryDirector
- Leslie Nathanson JurisDirector
- Lee RandDirector
- Leslie RichardsyellenDirector
- Christopher RyonDirector
Investment adviser representatives
12 representatives listed in the SEC register as of 9 October 2026.
Staff
- 16 employees
- 9 in advisory functions
- 9 state-registered reps
- Owns 75% or more of City Different Holdings LP
City Different Investments, LLC
Control person · since November 2020
- Owns 75% or more of City Different Holdings LP
Connor Browne
Control person · since November 2020
City Different Holdings’ regulatory assets grew from $196M (July 2021) to $244M (May 2026); employees rose from 10 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| May 2026May 2026 | $244M | 105 | 16 | 5 |
| Mar 2025March 2025 | $266M | 93 | 13 | 5 |
| Jul 2024July 2024 | $115M | 42 | 14 | 4 |
| May 2023May 2023 | $157M | 28 | 13 | 4 |
| Mar 2022March 2022 | $197M | 37 | 14 | 2 |
| Jul 2021July 2021 | $196M | 0 | 10 | 2 |
Besides its headquarters, City Different Holdings has 4 offices (4 private residences, listed without an address), with 1 listed address in 1 state.
New Mexico · 1 listed address
- 925 Paseo De Peralta, Santa FeHQ
Other business names
City Different Holdings has reported 1 other business name to the SEC.
- City Different Investments
Contact and registration details
- Legal name
- City Different Holdings LP
- Headquarters
- 925 Paseo De Peralta, Santa Fe, NM 87501
- Website
- citydifferentinvestments.com
- Phone
- 505-416-4550
- @city-different-investments
- SEC file
- 801-120293
- Structure
- Delaware limited partnership
- Fiscal year end
- December
City Different Holdings’ named custodians for separately managed accounts are Charles Schwab ($126M, 75%) and Fidelity ($42.4M, 25%). City Different Holdings has custody of $24.6M for 4 clients.
- FidelityNational Financial Services LLC · Boston, MA · $42.4M25%
- Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $126M75%
At year end, City Different Holdings’ separately managed accounts were mostly in bonds (60%) and stocks (32%).
What the accounts hold
- Stocks32%
- Funds5%
- Bonds60%
- State and local bonds36%
- U.S. government and agency bonds20%
- Investment grade corporate bonds4%
- Cash3%
How many clients does City Different Holdings have?
City Different Holdings has 105 clients and manages $244 million for them, as of May 2026. They include 100 high-net-worth individuals, 4 pooled investment vehicles and 1 investment company.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 May 2026
What services does City Different Holdings offer?
City Different Holdings provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does City Different Holdings use?
City Different Holdings’ separately managed account assets are held at Charles Schwab & Co., Inc. (El Paso, TX), with $126M and National Financial Services LLC (Boston, MA), with $42.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 May 2026
How many financial advisors does City Different Holdings have?
City Different Holdings has 9 investment adviser representatives registered with state securities authorities, out of 16 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does City Different Holdings invest in?
At the end of its last fiscal year, City Different Holdings’ separately managed accounts held 36% state and local bonds, 32% exchange-traded equities, 20% U.S. government and agency bonds, 5% registered funds (mutual funds, ETFs, BDCs), 4% investment grade corporate bonds and 3% cash and equivalents. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns City Different Holdings?
City Different Holdings’ direct owners are City Different Investments, LLC (75% or more) and Connor Browne (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 May 2026
How does City Different Holdings get paid?
City Different Holdings is paid through a percentage of assets under management, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact City Different Holdings?
City Different Holdings’ main office is at 925 Paseo De Peralta, Santa Fe, NM 87501. Its phone number is 505-416-4550. Its website is citydifferentinvestments.com.