# Fountain Square Asset Management

> Fountain Square Asset Management is an SEC-registered investment advisory firm in Cincinnati, OH, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 316955
- Filed as: FOUNTAIN SQUARE ASSET MANAGEMENT
- Legal name: Fountain Square Asset Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cincinnati, OH
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/316955
- AdvisorCensus page: https://advisorcensus.com/firm/fountain-square-asset-management-cincinnati-oh-316955

## Quick answers

**How is Fountain Square Asset Management compensated?**
On its Form ADV (Item 5.E, October 2026), Fountain Square Asset Management reports these compensation arrangements: a percentage of assets under its management.

**Where is Fountain Square Asset Management located?**
Fountain Square Asset Management's principal office is in Cincinnati, OH, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Fountain Square Asset Management registered with the SEC or a state?**
Fountain Square Asset Management is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316955.

**How much does Fountain Square Asset Management manage?**
Fountain Square Asset Management reports $233,708,457 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (99% discretionary).

**How have Fountain Square Asset Management's assets and staff changed since 2022?**
In the Form ADV data for Fountain Square Asset Management: Regulatory assets under management: $104,143,057 in the October 2022 data and $233,708,457 in the October 2026 data, up 124%. Total employees: 4 in October 2022 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fountain Square Asset Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (311); high net worth individuals (83); pension and profit sharing plans (but not the plan participants or government pension plans) (2).

**Which custodians does Fountain Square Asset Management use?**
Fountain Square Asset Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing Advisor Solutions LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Fountain Square Asset 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/316955

**What changed in Fountain Square Asset Management's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $206,178,193 to $233,708,457 (+13%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Pershing Advisor Solutions 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: $233,708,457
- Discretionary: $232,460,347
- Non-discretionary: $1,248,110

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 311 | $94,302,748 |
| High net worth individuals | 83 | $134,284,902 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $1,248,110 |
| Charitable organizations | 2 | $3,872,697 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2021 (4 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IN, KY, OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Cincinnati, OH

### Websites listed on Form ADV (Item 1.I)
- fsqam.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $104,143,057 | 4 | May 6, 2022 |
| October 2023 | $121,337,098 | 5 | March 9, 2023 |
| October 2024 | $158,156,223 | 5 | March 15, 2024 |
| October 2025 | $206,178,193 | 5 | January 16, 2025 |
| October 2026 | $233,708,457 | 5 | March 23, 2026 |

Regulatory assets under management: $104,143,057 in the October 2022 data and $233,708,457 in the October 2026 data, up 124%.
Total employees: 4 in October 2022 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $206,178,193 to $233,708,457 (+13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fountain Square Asset Management (CRD 316955): Form ADV filing data as of October 2026.