{"url":"https://nivawealth.com/firms/sage-hill-capital-155016","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/155016","regulatoryAum":214276283,"crd":"155016","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5544399","suffix":null,"lastName":"FRAGNER","firstName":"FREDERICK","middleName":"CHRISTOPHER"},{"crd":"4678268","suffix":null,"lastName":"ROBERTS","firstName":"DAVID","middleName":"LANCE"}],"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":"2021-02-22","regulatoryAum":169869453,"clients":73,"employees":2,"offices":1},{"filedOn":"2022-02-18","regulatoryAum":158202436,"clients":82,"employees":2,"offices":1},{"filedOn":"2023-05-01","regulatoryAum":143124511,"clients":100,"employees":2,"offices":1},{"filedOn":"2024-03-19","regulatoryAum":153079197,"clients":75,"employees":2,"offices":1},{"filedOn":"2025-03-25","regulatoryAum":165302179,"clients":80,"employees":2,"offices":1},{"filedOn":"2026-03-04","regulatoryAum":214276283,"clients":79,"employees":2,"offices":1}],"secFileNumber":"801-71852","legalName":"Sage Hill Capital L.L.C.","displayName":"Sage Hill Capital","slug":"sage-hill-capital-155016","website":"https://sagehillcapital.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2010","organization":"Michigan limited liability company","fiscalYearEnd":"December","headquarters":{"street":"220 S. 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Main St., Suite 301","city":"Ann Arbor","headquarters":true}]}],"brochureServices":["business succession planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"888-988-5623","stateRegisteredReps":2,"otherAdviserReps":2,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":32},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":66},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"4 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/155016/PDF/155016.pdf","brochureDate":"4 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014579","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 Sage Hill Capital have?","answer":"Sage Hill Capital has 79 clients and manages $214 million for them, as of March 2026. They include 45 individual clients and 34 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sage Hill Capital offer?","answer":"Sage Hill Capital provides financial planning, portfolio management for individuals and small businesses, business succession planning, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Sage Hill Capital charge?","answer":"Sage Hill Capital charges up to 1.10% a year for its Portfolio management services. The fee is billed in arrears and is negotiable.","source":"PART 2A BROCHURE, filed 4 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Sage Hill Capital use?","answer":"Sage Hill Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $214M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Sage Hill Capital have?","answer":"Sage Hill Capital has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Sage Hill Capital invest in?","answer":"At the end of its last fiscal year, Sage Hill Capital’s separately managed accounts held 66% registered funds (mutual funds, ETFs, BDCs), 32% exchange-traded equities, 2% cash and equivalents and 1% U.S. government and agency bonds.","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 Sage Hill Capital?","answer":"Sage Hill Capital’s direct owners are Frederick Fragner (50% to 75%) and David Roberts (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sage Hill Capital get paid?","answer":"Sage Hill Capital is paid through a percentage of assets under management. 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 Sage Hill Capital?","answer":"Sage Hill Capital’s main office is at 220 S. Main St., Suite 301, Ann Arbor, MI 48104. Its phone number is 888-988-5623. Its website is sagehillcapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 4 March 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."}