COVE STREET CAPITAL, LLC

Advisory Business

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

Employees

Total Number of Employees	7
Investment Advisory/Research	4
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	0
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	66	$364.0M
Non-Discretionary	0	$0
Total	66	$364.0M

Clients

Type	Number	RAUM
Individuals	40	$29.3M
HNW Individuals	9	$18.6M
Banking or thrift institutions	0	$0
Investment companies	1	$28.3M
Business development companies	0	$0
Pooled investment vehicles	1	$8.6M
Pension and profit sharing plans	<5	$119.8M
Charitable organizations	4	$15.3M
State or municipal gov entities	2	$96.3M
Other investment advisers	0	$0
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	5	$48.0M
Other	0	$0

Type	Number
No. of Non-RAUM Clients	1
No. of Non-U.S. Clients	2

Services

Advisory Services	Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPublication of periodicals or newsletters
Compensation	% of AUMPerformance-based fees

Wrap Fee Program

Offers Wrap Fee Program	Yes

Acting As	RAUM
Sponsor	0
Portfolio Manager	9.5M
Both for Same	0

Portfolio Manager to Program	Sponsor
MANAGED ACCOUNT UTILITY PLATFORM	LOCKWOOD ADVISORS INC

Identifiers

SEC RIA File Number	801-72231
SEC ERA File Number	801-72231
SEC CIK Numbers	1531612
SEC CRD Numbers	156260
Legal Entity Identifier	None

Principal Office

525 SOUTH DOUGLAS STREET
SUITE 225
EL SEGUNDO
CA
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic