# Fruth Investment Management

> Fruth Investment Management is an SEC-registered investment advisory firm in Houston, TX, registered since 1992, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 107273
- Filed as: FRUTH INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107273
- AdvisorCensus page: https://advisorcensus.com/firm/fruth-investment-management-houston-tx-107273

## Quick answers

**How is Fruth Investment Management compensated?**
On its Form ADV (Item 5.E, October 2026), Fruth Investment Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Fruth Investment Management charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Up to $500,000: 1.25% a year; $500,000 to $5,000,000: 1% a year; $5,000,000 to $10,000,000: 0.75% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Fruth Investment Management located?**
Fruth Investment Management's principal office is in Houston, TX, according to its Form ADV.

**Is Fruth Investment Management registered with the SEC or a state?**
Fruth Investment Management is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 107273.

**How much does Fruth Investment Management manage?**
Fruth Investment Management reports $417,815,629 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (99% discretionary).

**How have Fruth Investment Management's assets and staff changed since 2021?**
In the Form ADV data for Fruth Investment Management: Regulatory assets under management: $304,463,534 in the October 2021 data and $417,815,629 in the October 2026 data, up 37%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fruth Investment Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (102); individuals (other than high net worth individuals) (70); corporations or other businesses not listed above (1).

**Which custodians does Fruth Investment Management use?**
Fruth Investment 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 Fruth Investment 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/107273

**Does Fruth Investment Management state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "There is a minimum account size of $500,000. However, the minimum account size may be negotiable, especially when the client has multiple accounts under management."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Up to $500,000: 1.25% a year
- $500,000 to $5,000,000: 1% a year
- $5,000,000 to $10,000,000: 0.75% a year
- Above $10,000,000: 0.5% a year

> The annual percentage rates are as follows: 1.25% on assets up to $500,000 1.00% on assets from $500,000 to $5,000,000 .75% on assets from $5,000,000 to $10,000,000 .50% on assets more than $10,000,000

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> There is a minimum account size of $500,000. However, the minimum account size may be negotiable, especially when the client has multiple accounts under management.

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.

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: $417,815,629
- Discretionary: $415,175,563
- Non-discretionary: $2,640,066

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 70 | $31,846,080 |
| High net worth individuals | 102 | $378,953,885 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 1 | $7,015,664 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1992 (34 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: OH, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $304,463,534 | 3 | March 31, 2021 |
| October 2022 | $375,726,635 | 3 | March 21, 2022 |
| October 2023 | $363,700,004 | 3 | March 30, 2023 |
| October 2024 | $386,163,781 | 3 | March 27, 2024 |
| October 2025 | $404,508,318 | 4 | March 31, 2025 |
| October 2026 | $417,815,629 | 3 | March 31, 2026 |

Regulatory assets under management: $304,463,534 in the October 2021 data and $417,815,629 in the October 2026 data, up 37%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fruth Investment Management (CRD 107273): Form ADV filing data as of October 2026.