Townsquare Capital, LLC

Registered investment adviser · Lehi, UT · CRD #288576

Form ADV data as of 2026-09-01

Regulatory assets

$18.07 billion

Total accounts

58,181

Employees

Disclosure events

Firm details

Website: https://www.townsquarecapital.com/
Telephone: 385-375-8650
SEC file number: 801-110591
Most recent Form ADV filing: 2026-03-31
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	$18.07 billion
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$18.07 billion
Discretionary accounts	58,181
Non-discretionary accounts	0
Total accounts	58,181
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	53
Employees performing investment advisory functions (including research)	17
Employees who are registered representatives of a broker-dealer	2
Employees registered as investment adviser representatives with a state	17
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	0

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	5

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Other

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Trust company

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
Brokers or dealers selected under 8.C.(3) are related persons
Recommends brokers or dealers to clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	18	$3.3 million
High net worth individuals	Not reported	$25.0 million
Pooled investment vehicles (other than investment companies and BDCs)	2	$18.7 million
Other investment advisers	76	$18.02 billion
Corporations or other businesses not listed above	Not reported	$327,582