AdvisorCensus / Financial advisors / Arkansas / Little Rock / Horrell Capital Management, Inc.
Horrell Capital Management, Inc.
Filed as HORRELL CAPITAL MANAGEMENT, INC.
Horrell Capital Management, Inc. is an SEC-registered investment advisory firm in Little Rock, AR, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 3, 2026.
Quick answers
From the filingHow is Horrell Capital Management, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Horrell Capital Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
Where is Horrell Capital Management, Inc. located?
Horrell Capital Management, Inc.'s principal office is in Little Rock, AR, according to its Form ADV.
Is Horrell Capital Management, Inc. registered with the SEC or a state?
Horrell Capital Management, Inc. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 115711.
How much does Horrell Capital Management, Inc. manage?
Horrell Capital Management, Inc. reports $435,070,554 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (59% discretionary).
How have Horrell Capital Management, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Horrell Capital Management, Inc.: Regulatory assets under management: $352,722,183 in the October 2021 data and $435,070,554 in the October 2026 data, up 23%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Horrell Capital Management, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (55); high net worth individuals (22); charitable organizations (3).
Which custodians does Horrell Capital Management, Inc. use?
Horrell Capital Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets.
Does Horrell Capital Management, Inc. 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/115711
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
- Hourly charges
- Fixed fees (other than subscription fees)
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 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Minimum annual fee: $1,500
The brochure's wording
The minimum fee per client is $1,500.00. This is a general condition for account acceptance; however, other factors may be considered which might allow a smaller account to be accepted at less than the minimum fee.
As stated in the firm's Form ADV Part 2A brochure dated March 3, 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$435,070,554 as of October 2026, filing dated March 3, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2006 (20 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- 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
-
2 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 | $435,070,554 | 1 | March 3, 2026 |
| October 2025 | $454,201,138 | 1 | March 19, 2025 |
| October 2024 | $459,577,041 | 1 | March 14, 2024 |
| October 2023 | $394,962,810 | 1 | March 24, 2023 |
| October 2022 | $432,088,885 | 1 | March 3, 2022 |
| October 2021 | $352,722,183 | 1 | March 15, 2021 |
Regulatory assets under management: $352,722,183 in the October 2021 data and $435,070,554 in the October 2026 data, up 23%.
Total employees: 1 in October 2021 and 1 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 monthsNo changes to these filed facts in the last 12 months of filing data.
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.INot reported.
Source: 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. Horrell Capital Management, Inc. (CRD 115711): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/horrell-capital-management-inc-little-rock-ar-115711