{"url":"https://nivawealth.com/firms/saw-mill-capital-156472","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156472","regulatoryAum":1023409324,"crd":"156472","history":[{"filedOn":"2021-03-19","regulatoryAum":471383654,"clients":4,"employees":18,"offices":1},{"filedOn":"2022-03-28","regulatoryAum":771062197,"clients":4,"employees":19,"offices":1},{"filedOn":"2023-03-21","regulatoryAum":709768007,"clients":6,"employees":24,"offices":1},{"filedOn":"2024-03-25","regulatoryAum":1214236501,"clients":10,"employees":24,"offices":1},{"filedOn":"2025-03-25","regulatoryAum":1187887549,"clients":10,"employees":27,"offices":1},{"filedOn":"2026-03-26","regulatoryAum":1023409324,"clients":10,"employees":25,"offices":1}],"secFileNumber":"801-73432","legalName":"Saw Mill Capital L.L.C.","displayName":"Saw Mill Capital","slug":"saw-mill-capital-156472","website":"https://sawmillcapital.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/156472/61cce2074b949849-r1.webp","tone":"light","width":562,"height":200,"sourceUrl":"https://www.sawmillcapital.com","sourceLabel":"SAW Mill Capital L.l.c., website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/70458/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"555 Pleasantville RD, South BLDG #220","city":"Briarcliff Manor","state":"NY","stateName":"New York","country":"United States","postalCode":"10510"},"tradeNames":[],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":25,"advisory":18,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1023409324,"discretionary":1023409324,"discretionaryAccounts":10,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":10,"regulatoryAum":1023409324}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Saw Mill Capital does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Brian O'Reilly","title":"Chief Financial Officer/Chief Operating Officer","crd":"6023543"},{"name":"William Gerstner","title":"Partner, Chief Compliance Officer","crd":"2563144"}],"ownership":[{"label":"Saw Mill Capital Holdings, LP","detail":"Sole member in the 75% or more ownership band and a control person, since January 2008."},{"label":"Saw Mill Capital Associates GP, LLC","detail":"Indirect owner: general partner of Saw Mill Capital Holdings, LP, since November 2007.","parent":"Saw Mill Capital Holdings, LP"},{"label":"Howard Unger","detail":"Indirect owner: a limited partner of Saw Mill Capital Holdings, LP in the 50% to 75% band and a control person, since November 2007. Also a member of Saw Mill Capital Associates GP, LLC in the 75% or more band and a control person, since January 2006.","parent":"Saw Mill Capital Holdings, LP"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"555 Pleasantville RD, South BLDG #220","city":"Briarcliff Manor","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"914-741-1300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":10},"sources":{"adv1FilingDate":"26 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156472/PDF/156472.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Saw Mill Capital have?","answer":"Saw Mill Capital has 10 clients and manages $1.02 billion for them, as of March 2026. They include 10 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Saw Mill Capital offer?","answer":"Saw Mill Capital provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Saw Mill Capital have?","answer":"Saw Mill Capital has 0 investment adviser representatives registered with state securities authorities, out of 25 employees, and 18 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":"Who owns Saw Mill Capital?","answer":"Saw Mill Capital is owned through a holding company by Howard Unger. Its direct owner is Saw Mill Capital Holdings, LP (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 26 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Saw Mill Capital get paid?","answer":"Saw Mill Capital is paid through a percentage of assets under management and performance-based fees. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Saw Mill Capital?","answer":"Saw Mill Capital’s main office is at 555 Pleasantville RD, South BLDG #220, Briarcliff Manor, NY 10510. Its phone number is 914-741-1300. Its website is sawmillcapital.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 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."}