{
  "crd_number": 108516,
  "slug": "intrepid-capital-management-inc-jacksonville-beach-fl-108516",
  "primary_business_name": "INTREPID CAPITAL MANAGEMENT INC",
  "legal_name": "INTREPID CAPITAL MANAGEMENT INC",
  "dbas": [
    "INTREPID PRIVATE WEALTH"
  ],
  "city": "Jacksonville Beach",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "27260",
  "metro": {
    "cbsa_code": "27260",
    "common_name": "Jacksonville",
    "msa_name": "Jacksonville, FL",
    "path": "/advisors/fl/jacksonville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1994-11-28",
  "years_registered": 31,
  "period": "2026-10-01",
  "filing_date": "2026-05-07",
  "carried_forward": false,
  "raum_total": 1623804595.0,
  "raum_discretionary": 1617391941.0,
  "raum_non_discretionary": 6412654.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 16,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 207769.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 23409691.0,
      "count": 265
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 1323575663.0,
      "count": 2
    },
    "pension_profit_sharing": {
      "raum": 4611289.0,
      "count": 7
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 253310492.0,
      "count": 386
    },
    "pooled_investment_vehicles": {
      "raum": 14854311.0,
      "count": 2
    },
    "corporations_other_businesses": {
      "raum": 3835380.0,
      "count": 8
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "LA",
    "TX"
  ],
  "websites": [
    "https://intrepidcapital.net",
    "https://intrepidcapitalfunds.com",
    "https://intrepidprivatewealth.com",
    "https://linkedin.com/COMPANY/INTREPIDCAPITAL",
    "https://linkedin.com/company/intrepid-capital-funds",
    "https://linkedin.com/company/intrepid-private-wealth",
    "https://twitter.com/INTREPIDCAPITAL"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/108516",
  "city_as_filed": "JACKSONVILLE BEACH",
  "url": "https://advisorcensus.com/firm/intrepid-capital-management-inc-jacksonville-beach-fl-108516",
  "display_name": "Intrepid Capital Management Inc",
  "summary": "Intrepid Capital Management Inc is an SEC-registered investment advisory firm in Jacksonville Beach, FL, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 7, 2026.",
  "citation": "AdvisorCensus. Intrepid Capital Management Inc (CRD 108516): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Intrepid Capital Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Intrepid Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "How much does Intrepid Capital Management Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated May 7, 2026 states: Hourly rate: $300 an hour (financial planning services, including, without limitation, outside holdings analysis and consulting services); Hourly rate: $300 an hour (preparation of the financial plan). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Intrepid Capital Management Inc located?",
      "a": "Intrepid Capital Management Inc's principal office is in Jacksonville Beach, FL, according to its Form ADV."
    },
    {
      "q": "Is Intrepid Capital Management Inc registered with the SEC or a state?",
      "a": "Intrepid Capital Management Inc is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 108516."
    },
    {
      "q": "How much does Intrepid Capital Management Inc manage?",
      "a": "Intrepid Capital Management Inc reports $1,623,804,595 in regulatory assets under management in its Form ADV filing dated May 7, 2026 (100% discretionary)."
    },
    {
      "q": "How have Intrepid Capital Management Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Intrepid Capital Management Inc: Regulatory assets under management: $427,825,462 in the October 2021 data and $1,623,804,595 in the October 2026 data, up 280%. Total employees: 15 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Intrepid Capital Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (386); individuals (other than high net worth individuals) (265); corporations or other businesses not listed above (8)."
    },
    {
      "q": "Which custodians does Intrepid Capital Management Inc use?",
      "a": "Intrepid Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Interactive Brokers LLC, Pershing Advisor Solutions LLC, U.S. Bank Trust Services and Wilmington Trust as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Intrepid Capital Management Inc 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/108516"
    },
    {
      "q": "What changed in Intrepid Capital Management Inc's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 427825462.0,
      "total_employees": 15,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 613343106.0,
      "total_employees": 17,
      "filing_date": "2022-08-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 590233729.0,
      "total_employees": 17,
      "filing_date": "2023-03-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 762517077.0,
      "total_employees": 16,
      "filing_date": "2024-09-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1188392769.0,
      "total_employees": 16,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1623804595.0,
      "total_employees": 16,
      "filing_date": "2026-05-07"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $1,188,392,769 to $1,623,804,595 (+37%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 7, 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": [
      "Hourly rate: $300 an hour (financial planning services, including, without limitation, outside holdings analysis and consulting services)",
      "Hourly rate: $300 an hour (preparation of the financial plan)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (financial planning services, including, without limitation, outside holdings analysis and consulting services)"
        ],
        "quotes": [
          "For clients who desire financial planning, not including wealth management clients, we charge $300 per hour for financial planning services, including, without limitation, outside holdings analysis and consulting services."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (preparation of the financial plan)"
        ],
        "quotes": [
          "In the event of a termination prior to delivery, we will be entitled to compensation at the rate of $300 per hour for the time expended on the preparation of the financial plan."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning services, including, without limitation, outside holdings analysis and consulting services"
        },
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "preparation of the financial plan"
        }
      ]
    },
    "quotes": [
      "For clients who desire financial planning, not including wealth management clients, we charge $300 per hour for financial planning services, including, without limitation, outside holdings analysis and consulting services.",
      "In the event of a termination prior to delivery, we will be entitled to compensation at the rate of $300 per hour for the time expended on the preparation of the financial plan."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    },
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "affiliated": false
    },
    {
      "name": "U.S. Bank Trust Services",
      "name_as_filed": "U.S. BANK TRUST SERVICES",
      "affiliated": false
    },
    {
      "name": "Wilmington Trust",
      "name_as_filed": "WILMINGTON TRUST",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/intrepid-capital-management-inc-jacksonville-beach-fl-108516.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 265,
      "fewer_than_5": false,
      "raum": 23409691.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 386,
      "fewer_than_5": false,
      "raum": 253310492.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 2,
      "fewer_than_5": false,
      "raum": 1323575663.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 14854311.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 4611289.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 207769.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 8,
      "fewer_than_5": false,
      "raum": 3835380.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/108516",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}