{
  "crd_number": 119081,
  "slug": "future-capital-chattanooga-tn-119081",
  "primary_business_name": "FUTURE CAPITAL",
  "legal_name": "PRONVEST, LLC DBA FUTURE CAPITAL",
  "dbas": [
    "FUTURE CAPITAL"
  ],
  "city": "Chattanooga",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "16860",
  "metro": {
    "cbsa_code": "16860",
    "common_name": "Chattanooga",
    "msa_name": "Chattanooga, TN-GA",
    "path": "/advisors/tn/chattanooga"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-02-26",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-09-22",
  "carried_forward": false,
  "raum_total": 2420474566.0,
  "raum_discretionary": 2323842382.0,
  "raum_non_discretionary": 96632184.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 30,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 2323842382.0,
      "count": 17091
    },
    "insurance_companies": {
      "raum": 69181992.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 27450192.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV"
  ],
  "websites": [
    "https://futurecapital.com",
    "https://linkedin.com/company/future-capital-wealth"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/119081",
  "city_as_filed": "CHATTANOOGA",
  "url": "https://advisorcensus.com/firm/future-capital-chattanooga-tn-119081",
  "display_name": "Future Capital",
  "summary": "Future Capital is an SEC-registered investment advisory firm in Chattanooga, TN, registered since 2002, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 22, 2026.",
  "citation": "AdvisorCensus. Future Capital (CRD 119081): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Future Capital compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Future Capital reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Future Capital charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Subscription: $15 a month (Employer Sponsored Retirement Account Subscription Agreement). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Future Capital located?",
      "a": "Future Capital's principal office is in Chattanooga, TN, according to its Form ADV."
    },
    {
      "q": "Is Future Capital registered with the SEC or a state?",
      "a": "Future Capital is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 119081."
    },
    {
      "q": "How much does Future Capital manage?",
      "a": "Future Capital reports $2,420,474,566 in regulatory assets under management in its Form ADV filing dated September 22, 2026 (96% discretionary)."
    },
    {
      "q": "How have Future Capital's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Future Capital: Regulatory assets under management: $1,255,676,836 in the October 2021 data and $2,420,474,566 in the October 2026 data, up 93%. Total employees: 22 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Future Capital serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (17,091); high net worth individuals (1); insurance companies (1)."
    },
    {
      "q": "Does Future Capital report any disciplinary disclosures?",
      "a": "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/119081"
    },
    {
      "q": "What changed in Future Capital's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Regulatory assets under management went from $2,015,819,389 to $2,420,474,566 (+20%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1255676836.0,
      "total_employees": 22,
      "filing_date": "2021-05-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 801403695.0,
      "total_employees": 21,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 779625913.0,
      "total_employees": 21,
      "filing_date": "2023-04-03"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 962529153.0,
      "total_employees": 24,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1026484502.0,
      "total_employees": 22,
      "filing_date": "2025-04-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2420474566.0,
      "total_employees": 30,
      "filing_date": "2026-09-22"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Regulatory assets under management went from $2,015,819,389 to $2,420,474,566 (+20%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,026,484,502 to $2,015,819,389 (+96%).",
        "Registered or notice-filed in DC, ME, MT, SD, VT."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Reported a succession: took over the business of Future Capital (CRD 119081) on May 2, 2025.",
        "Changed its legal name from Pronvest, Inc. to Pronvest, LLC DBA Future Capital.",
        "Employees performing advisory functions went from 1 to 2.",
        "No longer registered or notice-filed in ME, ND.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $15 a month (Employer Sponsored Retirement Account Subscription Agreement)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $15 a month (Employer Sponsored Retirement Account Subscription Agreement)"
        ],
        "quotes": [
          "Unless otherwise specified in the client agreement, Future Capital ’s standard fee is  0.05% per month (0.60% per year) ... subject to a minimum monthly fee of $15.00"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": 15.0,
          "min": null,
          "max": null,
          "period": "monthly",
          "service": "Employer Sponsored Retirement Account Subscription Agreement"
        }
      ]
    },
    "quotes": [
      "Unless otherwise specified in the client agreement, Future Capital ’s standard fee is  0.05% per month (0.60% per year) ... subject to a minimum monthly fee of $15.00"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/future-capital-chattanooga-tn-119081.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 17091,
      "fewer_than_5": false,
      "raum": 2323842382.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1,
      "fewer_than_5": true,
      "raum": 27450192.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": true,
      "raum": 69181992.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/119081",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}