NORTHLAND CAPITAL MANAGEMENT

Legal name: NORTHLAND CAPITAL MANAGEMENT, LLC

CRD 146452File 801-118425

APPROVED

Retail clients

Filing as of Jul 16, 2026

Feed vintage Oct 1, 2026

Regulatory AUM

$235.0M

Below cohort median (national)

Discretionary AUM

$235.0M

Clients

283

551 accounts

Employees

Bottom 25% of cohort in MN

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: CHRO
Registration date: Apr 10, 2020
Principal office: 401 NORTH 6TH AVENUE, SUITE 220, VIRGINIA, MN, 55792
Phone: 218-741-5390
Website: HTTPS://WWW.NORTHLANDCAP.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $235.0M
Discretionary AUM: $235.0M
Non-discretionary AUM: $0
Discretionary accounts: 551
Non-discretionary accounts: 0
Total accounts: 551
AUM per client: $830K

Clients by type

ADV Item 5D

Client type	Clients	AUM
High net worth individuals	85	$134.0M
State or municipal government entities	2	$1.5M
Individuals (other than high net worth individuals)	196	$99.5M

Compensation & activities

ADV Items 5E, 5G

Compensation

Hourly charges
A percentage of assets under your management

Advisory activities

Financial planning services
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To	Change
Mar 1, 2026	Clients	276	283	increased by7
Mar 1, 2026	AUM	$196,284,350	$234,953,770	increased by$38,669,420
Mar 1, 2026	Accounts	531	551	increased by20
May 1, 2025 vs Oct 1, 2022	Clients	279	276	decreased by3
May 1, 2025 vs Oct 1, 2022	AUM	$151,883,044	$196,284,350	increased by$44,401,306
May 1, 2025 vs Oct 1, 2022	Accounts	501	531	increased by30
Mar 1, 2022	Clients	278	279	increased by1
Mar 1, 2022	AUM	$151,022,121	$151,883,044	increased by$860,923
Mar 1, 2022	Accounts	493	501	increased by8
Dec 1, 2021	Clients	271	278	increased by7
Dec 1, 2021	AUM	$147,912,550	$151,022,121	increased by$3,109,571
Dec 1, 2021	Accounts	482	493	increased by11
Oct 1, 2021	Employees	3	6	increased by3
Oct 1, 2021	Clients	265	271	increased by6
Oct 1, 2021	AUM	$137,734,400	$147,912,550	increased by$10,178,150

On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.

See plans that list “NORTHLAND CAPITAL” as a service provider on 5500mcp →

Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“NORTHLAND CAPITAL” may also match similarly-named firms). Confirm identity against each filing.

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.