ATIVO CAPITAL MANAGEMENT, LLC

Advisory Business

Type of Organization	Limited Liability Company
Fiscal Year End	DECEMBER
Legal Location	Delaware, United States

Employees

Total Number of Employees	9
Investment Advisory/Research	5
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	5
Licensed Agents of an Insurance Company	0
No. of Firms/People that Solicit Clients	0

RAUM

Provides Management of Securities Portfolios	Yes

Type	Accounts	RAUM
Discretionary	48	$999.5M
Non-Discretionary	0	$0
Total	48	$999.5M

Clients

Type	Number	RAUM
Individuals	0	$0
HNW Individuals	5	$1.0M
Banking or thrift institutions	0	$0
Investment companies	0	$0
Business development companies	0	$0
Pooled investment vehicles	2	$43.6M
Pension and profit sharing plans	<5	$47.8M
Charitable organizations	0	$0
State or municipal gov entities	11	$906.9M
Other investment advisers	0	$0
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	0	$0
Other	<5	$225,746

Type	Number
No. of Non-RAUM Clients	5
No. of Non-U.S. Clients	0

Services

Advisory Services	Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsMODEL PORTFOLIO DELIVERY
Compensation	% of AUMPerformance-based feesPERCENTAGE OF ASSETS ADVISED THAT ARE NOT REGULATORY AUM

Wrap Fee Program

Offers Wrap Fee Program	Yes

Acting As	RAUM
Sponsor	0
Portfolio Manager	0
Both for Same	0

Portfolio Manager to Program	Sponsor
FOLIO INVESTMENTS, INC.	GOLDMAN SACHS CUSTODY SOLUTIONS
FREEDOM WRAP PROGRAM	FREEDOM INVESTMENT MANAGEMENT, INC.
UNITED CAPITAL WRAP FEE PROGRAM	UNITED CAPITAL FINANCIAL ADVISORS

Identifiers

SEC RIA File Number	801-65975
SEC ERA File Number	801-65975
SEC CIK Numbers	1423065
SEC CRD Numbers	125303
Legal Entity Identifier	5493007ROE8YOPR8OG19

Principal Office

120 N LASALLE STREET
SUITE 1160
CHICAGO
IL
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic