Next Century Growth Investors LLC
Registered investment adviser · Plymouth, MN · CRD #108978
Form ADV data as of 2026-09-01Regulatory assets
$1.52 billion
Total accounts
37
Employees
9
Disclosure events
0
Firm details
- Website: https://ncgrowth.com
- Telephone: 763-591-4490
- SEC file number: 801-56049
- Most recent Form ADV filing: 2026-03-25
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $1.46 billion |
| Non-discretionary regulatory assets under management | $64.0 million |
| Total regulatory assets under management | $1.52 billion |
| Discretionary accounts | 33 |
| Non-discretionary accounts | 4 |
| Total accounts | 37 |
| Regulatory assets under management attributable to non-U.S. persons | $57.5 million |
People
| Total employees (excluding clerical) | 9 |
| Employees performing investment advisory functions (including research) | 5 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 1 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| High net worth individuals | 13 | $46.5 million |
| Investment companies | 2 | $11.9 million |
| Pooled investment vehicles (other than investment companies and BDCs) | 1 | $57.5 million |
| Pension and profit sharing plans (not the participants or government plans) | 10 | $866.3 million |
| Charitable organizations | Not reported | $726,345 |
| State or municipal government entities (including government pension plans) | 5 | $421.3 million |
| Other investment advisers | Not reported | $64.0 million |
| Other | 5 | $51.6 million |