8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                           The Securities Act of 1934


     Date of Report (Date of earliest event reported): September 22, 2003


                         CANTERBURY CONSULTING GROUP, INC.
                        ---------------------------------
             (Exact name of registrant as specified in its charter)

         Pennsylvania                                    23-2170505
- -------------------------------          -------------------------------
(State of Incorporation)                 (IRS Employer Identification Number)


                               352 Stokes Road
                                  Suite 200
                          Medford, New Jersey  08055
                  (Address of principal executive offices)

                    Telephone Number:  (609) 953-0044







ITEM 5. OTHER EVENTS

On September 10, 2003 Canterbury Consulting Group, Inc. received the
following letter from the Nasdaq Listing Qualifications Section.

"On May 8, 2003, Staff notified the Company that its common stock failed
to maintain a minimum bid price of $1.00 over the previous 30 consecutive
trading days as required by The Nasdaq SmallCap Market set forth in
Marketplace Rule 4310(c)(4) (the "Rule").  In accordance with Marketplace
Rule 4310(c)(8)(D), the Company was provided 180 calendar days, or until
November 4, 2003, to regain compliance with the Rule.  Since then, the
closing bid price of the Company's common stock has been at $1.00 per
share or greater for at least 10 consecutive trading days.   Accordingly,
the Company has regained compliance with the Rule and this matter is now
closed."

ITEM 7. EXHIBITS


      (c)  Exhibits



           Number                   Description

            99      The Company's news release, issued on September 22, 2003
                    relating to Regained Compliance


                             SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                         CANTERBURY CONSULTING GROUP, INC.

                                         BY: /s/ Kevin J. McAndrew
                                         ----------------------------
                                         Kevin J. McAndrew, President

Dated: September 22, 2003

EX-99

CANTERBURY CONSULTING GROUP, Inc.
352 Stokes Road, Suite 200, Medford, NJ  08055
(609) 953-0044 * Fax (609) 953-0062

                  FOR IMMEDIATE RELEASE


                  NASDAQ NOTIFIES CANTERBURY OF
                     REGAINED COMPLIANCE


Medford, NJ - September 22, 2003

Canterbury Consulting Group, Inc. (NASDAQ:CITI) announced that it has
received the following letter from the Nasdaq Listing Qualifications
Section.

   "On May 8, 2003, Staff notified the Company that its common stock
   failed to maintain a minimum bid price of $1.00 over the previous 30
   consecutive trading days as required by The Nasdaq SmallCap Market set
   forth in Marketplace Rule 4310(c)(4) (the "Rule").  In accordance with
   Marketplace Rule 4310(c)(8)(D), the Company was provided 180 calendar
   days, or until November 4, 2003, to regain compliance with the Rule.
   Since then, the closing bid price of the Company's common stock has
   been at $1.00 per share or greater for at least 10 consecutive trading
   days.  Accordingly, the Company has regained compliance with the Rule
   and this matter is now closed."

About Canterbury Consulting Group, Inc.

Canterbury Consulting Group, Inc. provides broad-based information
technology and management consulting services and training to both
commercial and government clients (primarily state and local governments).

Canterbury's focus is to become an integral part of its clients'
management and technical infrastructure, designing and applying the best
products and services to help them achieve a competitive advantage.

In addition to historical facts or statements of current condition, this
press release may contain forward-looking statements. The Company's
performance and financial results could differ materially from those
reflected in the forward-looking statements due to general financial,
economic, regulatory and political conditions or additional factors
unknown to the Company at this time, as well as more specific risks and
uncertainties such as those set forth in documents filed by the Company
with the SEC (including, but not limited to, its most recent reports on
Form 8-K, Form 10-Q and Form 10-K, copies of which are available upon
request or on the Internet at www.sec.gov). Given these risks and
uncertainties, any or all of these forward-looking statements may prove to
be incorrect. Therefore, current or prospective investors are cautioned
not to place undue reliance on any such forward-looking statements.
Furthermore, the Company has no intent, and disclaims any obligation, to
update any such factors or forward-looking statements to reflect future
events or developments.


An investment package, including financial statements, is available from
the Company. Contact : D. Teibel, Investor Relations - 609-953-0044

Public filings can be obtained electronically at www.sec.gov.