{"url":"https://nivawealth.com/firms/star-capital-171057","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171057","regulatoryAum":143595858,"crd":"171057","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5696495","suffix":null,"lastName":"MERRILL","firstName":"TIMOTHY","middleName":"R"},{"crd":"3019785","suffix":null,"lastName":"NELSON","firstName":"GREGORY","middleName":"BRIAN"},{"crd":"6232758","suffix":null,"lastName":"RAINEY","firstName":"ADAM","middleName":"LEE"},{"crd":"2054214","suffix":null,"lastName":"SCANE","firstName":"GERALD","middleName":"JOSEPH"},{"crd":"4587282","suffix":null,"lastName":"THOMAS","firstName":"ANDREA","middleName":"JANE"}],"total":5,"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":"2024-05-31","regulatoryAum":136158316,"clients":484,"employees":7,"offices":4},{"filedOn":"2025-07-30","regulatoryAum":143466937,"clients":694,"employees":6,"offices":3},{"filedOn":"2026-08-31","regulatoryAum":143595858,"clients":701,"employees":6,"offices":3}],"secFileNumber":"801-128552","legalName":"Star Capital Inc.","displayName":"Star Capital","slug":"star-capital-171057","website":"https://starcapitalinvestments.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/171057/802b8423fce21263-r1.webp","tone":"light","width":590,"height":200,"sourceUrl":"https://www.starcapitalinvestments.com/","sourceLabel":"Star Capital Inc., website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/starcapitalinc/?viewAsMember=true","founded":null,"organization":"Minnesota corporation","fiscalYearEnd":"December","headquarters":{"street":"200 Southdale Center","city":"Edina","state":"MN","stateName":"Minnesota","country":"United States","postalCode":"55435"},"tradeNames":[],"registration":{"secApproved":"11 August 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":204537.72453371593,"staff":{"employees":6,"advisory":6,"brokerDealerReps":1,"insuranceAgents":3,"promoters":0},"aum":{"regulatory":143595858,"discretionary":143595858,"discretionaryAccounts":1913,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":664,"regulatoryAum":119308230},{"label":"High-net-worth individuals","clients":33,"regulatoryAum":23254564},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":283692},{"label":"Corporations and other businesses","clients":3,"fewerThan5":true,"regulatoryAum":749372}],"feePrograms":[{"role":"main","program":"Investment Management Fees","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060115","versionId":1060115,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-10-05","documentName":"STAR CAPITAL BROCHURE","fee_rate_low":null,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Investment Consulting Services","summary":"Investment consulting is billed as a percentage of the consulted assets of up to 1.0% per annum, billed quarterly in arrears, or as a fixed fee of up to $250,000 per project, billed on completion.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060115","versionId":1060115,"submittedOn":"2026-10-05","documentName":"STAR CAPITAL BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:57:04.225268+00:00","documents":[{"name":"STAR CAPITAL BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060115","versionId":1060115,"submittedOn":"2026-10-05"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":118363387}],"custodyNote":"Star Capital has custody of $11.1M for 118 clients.","otherCustodians":[],"leadership":[{"name":"Timothy Merrill","title":"President and Chief Compliance Officer","crd":"5696495"}],"ownership":[{"label":"Timothy Merrill","detail":"President and chief compliance officer in the 75% or more ownership band and a control person, since July 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":1},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Minnesota","offices":2,"addresses":[{"street":"200 Southdale Center","city":"Edina","headquarters":true},{"street":"2434 Superior DR. NW","city":"Rochester"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"651-444-1116","stateRegisteredReps":6,"otherAdviserReps":2,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Other"],"activities":["Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":43},{"label":"Non-exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":3},{"label":"U.S. state and local bonds","percent":1},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":37},{"label":"Cash and cash equivalents","percent":16},{"label":"Other","percent":1,"detail":"Pooled Investments - Reits"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/171057/PDF/171057.pdf","brochureDate":"5 October 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1060115","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 Star Capital have?","answer":"Star Capital has 701 clients and manages $144 million for them, as of August 2026. They include 664 individual clients, 33 high-net-worth individuals, and 3 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Star Capital offer?","answer":"Star Capital provides portfolio management for individuals and small businesses and selecting other managers.","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 Star Capital charge?","answer":"Star Capital charges up to 2.00% a year for its Investment Management Fees. The fee is billed in arrears and is negotiable.","source":"STAR CAPITAL BROCHURE, filed 5 October 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Star Capital use?","answer":"Star Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $118M. 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 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Star Capital have?","answer":"Star Capital has 6 investment adviser representatives registered with state securities authorities, out of 6 employees, and 6 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 3 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 Star Capital invest in?","answer":"At the end of its last fiscal year, Star Capital’s separately managed accounts held 43% exchange-traded equities, 37% registered funds (mutual funds, ETFs, BDCs), 16% cash and equivalents, 3% U.S. government and agency bonds, 2% non-exchange-traded equities, 1% state and local bonds, 1% derivatives and 1% other. The 1% other category is described as: Pooled Investments - Reits.","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 Star Capital?","answer":"Star Capital’s direct owner is Timothy Merrill (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Star Capital get paid?","answer":"Star Capital is paid through a percentage of assets under management, fixed fees and other compensation. 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 Star Capital?","answer":"Star Capital’s main office is at 200 Southdale Center, Edina, MN 55435. Its phone number is 651-444-1116. Its website is starcapitalinvestments.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 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."}