Hi-Line Capital Management, LLC

Hi-Line Capital Management, LLC is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Watertown, South Dakota. On its latest Form ADV, filed April 21, 2026, it reports $757M in regulatory assets under management, 117 individual clients and 2 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.

Key facts from Form ADV

Registration	SEC-registered
Firm CRD number	149522 · SEC file 801-87167
Office	1200 33rd Street SE Suite #309 Watertown, SD 57201
Phone	(605) 878-0897
Website	hi-linecapital.com
Regulatory assets under management	$757M ($726M discretionary)
Individual clients	84 non-high-net-worth, 33 high-net-worth
Financial planning clients	0
How it charges	Percentage of assets
Services	Financial planning, Portfolio management, Selection of other advisers
Employees	5
Disciplinary disclosures	None reported
Latest Form ADV filing	April 21, 2026

Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.

What this means for you

• It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
• Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
• It provides financial planning services, not only portfolio management.
• It reports no disciplinary history on Form ADV.

Before you hire any adviser

Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.