# Fortis Capital Management LLC

> Fortis Capital Management LLC is an SEC-registered investment advisory firm in Bellevue, WA, registered since 2018, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 29, 2026.

- CRD: 172198
- Filed as: FORTIS CAPITAL MANAGEMENT LLC
- Also doing business as: FORTIS FINANCIAL GROUP, PRISM CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bellevue, WA
- Filing period: October 2026
- Form ADV filing dated: April 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172198
- AdvisorCensus page: https://advisorcensus.com/firm/fortis-capital-management-llc-bellevue-wa-172198

## Quick answers

**How is Fortis Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Fortis Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees; other.

**Where is Fortis Capital Management LLC located?**
Fortis Capital Management LLC's principal office is in Bellevue, WA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Fortis Capital Management LLC registered with the SEC or a state?**
Fortis Capital Management LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 172198.

**How much does Fortis Capital Management LLC manage?**
Fortis Capital Management LLC reports $1,161,542,535 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (100% discretionary).

**How have Fortis Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Fortis Capital Management LLC: Regulatory assets under management: $155,733,693 in the October 2021 data and $1,161,542,535 in the October 2026 data, up 646%. Total employees: 8 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fortis Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (398); high net worth individuals (267); pension and profit sharing plans (but not the plan participants or government pension plans) (19).

**Which custodians does Fortis Capital Management LLC use?**
Fortis Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Interactive Brokers LLC as custodians holding 10% or more of its separately managed account assets.

**Does Fortis Capital Management LLC 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/172198

**What changed in Fortis Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 17 to 18. Regulatory assets under management went from $775,879,246 to $1,161,542,535 (+50%). Added an office in Burlington, WA. No longer lists an office in Mt Vernon, WA. Registered or notice-filed in AZ, MN, OR. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated April 2, 2026)

- Minimum annual fee: $10,000

> The minimum annual fee to engage in our services is $10,000 per year, though we may waive this minimum at our discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC
- Interactive Brokers LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,161,542,535
- Discretionary: $1,158,551,643
- Non-discretionary: $2,990,892

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 398 | $78,133,217 |
| High net worth individuals | 267 | $912,238,991 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $143,445,702 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 19 | $24,422,998 |
| Charitable organizations | 2 | $3,301,627 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2018 (8 years)
- Employees: 22 total, 18 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, MN, NY, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Burlington, WA

### Websites listed on Form ADV (Item 1.I)
- [fortis.capital](https://fortis.capital)
- [prismadvisor.com](https://prismadvisor.com)
- Facebook @Fortis-Financial-Group-201957123543074
- Facebook @prismcapitalmanagement
- Instagram @fortisfinancialgroup
- Instagram @prismcapitalman
- LinkedIn @fortisfinancialgroup
- X @FortisWealthMgt
- X @PrismCapitalMan

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $155,733,693 | 8 | July 27, 2021 |
| October 2022 | $234,597,980 | 8 | March 31, 2022 |
| October 2023 | $436,032,984 | 10 | August 3, 2023 |
| October 2024 | $496,934,324 | 9 | September 30, 2024 |
| October 2025 | $726,261,882 | 12 | March 21, 2025 |
| October 2026 | $1,161,542,535 | 22 | April 29, 2026 |

Regulatory assets under management: $155,733,693 in the October 2021 data and $1,161,542,535 in the October 2026 data, up 646%.
Total employees: 8 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 17 to 18.
- Regulatory assets under management went from $775,879,246 to $1,161,542,535 (+50%).
- Added an office in Burlington, WA.
- No longer lists an office in Mt Vernon, WA.
- Registered or notice-filed in AZ, MN, OR.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Employees performing advisory functions went from 11 to 17.

### November 2025
- Added the business name Prism Capital Management.
- Added an office in Mt Vernon, WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fortis Capital Management LLC (CRD 172198): Form ADV filing data as of October 2026.