# Ingalls Investment Management, LLC

> Ingalls Investment Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1968, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 343369
- Filed as: INGALLS INVESTMENT MANAGEMENT, LLC
- Also doing business as: 2X WEALTH GROUP, 6TH AVENUE TEAM, BRIDGEHAMPTON GROUP, FUNDAMENTAL EQUITY ADVISORS, NOBSKA CAPITAL MANAGEMENT, STEWART ASSET MANAGEMENT TEAM
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/343369
- AdvisorCensus page: https://advisorcensus.com/firm/ingalls-investment-management-llc-new-york-ny-343369

## Quick answers

**How is Ingalls Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Ingalls Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Ingalls Investment Management, LLC located?**
Ingalls Investment Management, LLC's principal office is in New York, NY, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Ingalls Investment Management, LLC registered with the SEC or a state?**
Ingalls Investment Management, LLC is an SEC-registered investment advisory firm, registered since 1968. Status as filed: Approved. CRD 343369.

**How much does Ingalls Investment Management, LLC manage?**
Ingalls Investment Management, LLC reports $7,826,602,578 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (98% discretionary).

**What types of clients does Ingalls Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,155); high net worth individuals (1,090); corporations or other businesses not listed above (94).

**Which custodians does Ingalls Investment Management, LLC use?**
Ingalls Investment Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Ingalls & Snyder, LLC (affiliated with the firm) and Morgan Stanley as custodians holding 10% or more of its separately managed account assets.

**Does Ingalls Investment Management, LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/343369

**What changed in Ingalls Investment Management, LLC's recent Form ADV filings?**
In the October 2026 filing data: Item 11 disclosure answers changed: 1 yes answer, previously 2 (now no: 11.E(2)). No longer lists an office in Wellesley, MA.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Ingalls & Snyder, LLC (affiliated with the firm)
- Morgan Stanley

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: $7,826,602,578
- Discretionary: $7,667,819,396
- Non-discretionary: $158,783,182

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3,155 | $1,040,024,092 |
| High net worth individuals | 1,090 | $5,781,232,981 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $189,226,014 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 51 | $103,261,640 |
| Charitable organizations | 59 | $134,039,476 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | Not reported |
| Other investment advisers | 1 | $264,094,565 |
| Insurance companies | Fewer than 5 | Not reported |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | Not reported |
| Corporations or other businesses not listed above | 94 | $314,723,810 |

### 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
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 1968 (58 years)
- Employees: 50 total, 50 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: 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, ND, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/343369

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Morgantown, WV

### Websites listed on Form ADV (Item 1.I)
- [2xwealth.ingalls.net](https://2xwealth.ingalls.net)
- [6thavenueteam.com](https://6thavenueteam.com)
- [ingalls.net](https://ingalls.net)
- [ingalls.net/bridgehamptongroup/about-us](https://ingalls.net/bridgehamptongroup/about-us)
- [ingalls.net/groups/fundamental-equity-advisors](https://ingalls.net/groups/fundamental-equity-advisors)
- [nobskacapitalmanagement.com](https://nobskacapitalmanagement.com)
- [stewartassetmgmt.com](https://stewartassetmgmt.com)

## Changes in the filing (last 12 months)

### October 2026
- Item 11 disclosure answers changed: 1 yes answer, previously 2 (now no: 11.E(2)).
- No longer lists an office in Wellesley, MA.

### August 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ingalls Investment Management, LLC (CRD 343369): Form ADV filing data as of October 2026.