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Appalachian Capital Management
Filed as APPALACHIAN CAPITAL MANAGEMENT · Legal name Appalachian Capital Management Ltd
Appalachian Capital Management is an SEC-registered investment advisory firm in St. Clairsville, OH, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 16, 2026.
Quick answers
From the filingHow is Appalachian Capital Management compensated?
On its Form ADV (Item 5.E, October 2026), Appalachian Capital Management reports these compensation arrangements: a percentage of assets under its management.
How much does Appalachian Capital Management charge?
Its Form ADV Part 2A brochure dated February 13, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Appalachian Capital Management located?
Appalachian Capital Management's principal office is in St. Clairsville, OH, according to its Form ADV.
Is Appalachian Capital Management registered with the SEC or a state?
Appalachian Capital Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 120038.
How much does Appalachian Capital Management manage?
Appalachian Capital Management reports $175,316,177 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (100% discretionary).
How have Appalachian Capital Management's assets and staff changed since 2024?
In the Form ADV data for Appalachian Capital Management: Regulatory assets under management: $132,350,002 in the October 2024 data and $175,316,177 in the October 2026 data, up 32%. Total employees: 3 in October 2024 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Appalachian Capital Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (291); high net worth individuals (50); charitable organizations (16).
Which custodians does Appalachian Capital Management use?
Appalachian Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Appalachian Capital Management report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/120038
Does Appalachian Capital Management state an account minimum?
Its Form ADV Part 2A brochure dated February 13, 2026 says: "The Adviser requires a minimum relationship size of $250,000 for clients retaining Portfolio Management Services. This minimum is waived for IRA and Roth IRA accounts."
What changed in Appalachian Capital Management's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 1 to 2.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 1% of assets a year
The brochure's wording
Our fee for portfolio management services is based on a percentage of your assets we manage at the annual rate of 1% of the market value of the managed portfolio.
Account minimum: $250,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The Adviser requires a minimum relationship size of $250,000 for clients retaining Portfolio Management Services. This minimum is waived for IRA and Roth IRA accounts.
As stated in the firm's Form ADV Part 2A brochure dated February 13, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$175,316,177 as of October 2026, filing dated March 16, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Legal name
- Appalachian Capital Management Ltd
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 4. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $175,316,177 | 4 | March 16, 2026 |
| October 2025 | $147,630,117 | 3 | February 24, 2025 |
| October 2024 | $132,350,002 | 3 | April 16, 2024 |
Regulatory assets under management: $132,350,002 in the October 2024 data and $175,316,177 in the October 2026 data, up 32%.
Total employees: 3 in October 2024 and 4 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 1 to 2.
- March 2026
- Regulatory assets under management went from $147,630,117 to $175,316,177 (+19%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Appalachian Capital Management (CRD 120038): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/appalachian-capital-management-st-clairsville-oh-120038