# Mutual Trust Asset MGMT., Inc.

> Mutual Trust Asset MGMT., Inc. is an SEC-registered investment advisory firm in Tampa, FL, registered since 2017, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated August 6, 2026.

- CRD: 121364
- Filed as: MUTUAL TRUST ASSET MGMT., INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Tampa, FL
- Filing period: October 2026
- Form ADV filing dated: August 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/121364
- AdvisorCensus page: https://advisorcensus.com/firm/mutual-trust-asset-mgmt-inc-tampa-fl-121364

## Quick answers

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

**How much does Mutual Trust Asset MGMT., Inc. charge?**
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1% to 2.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Mutual Trust Asset MGMT., Inc. located?**
Mutual Trust Asset MGMT., Inc.'s principal office is in Tampa, FL, according to its Form ADV; the September 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Mutual Trust Asset MGMT., Inc. registered with the SEC or a state?**
Mutual Trust Asset MGMT., Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 121364.

**How much does Mutual Trust Asset MGMT., Inc. manage?**
Mutual Trust Asset MGMT., Inc. reports $58,355,433 in regulatory assets under management in its Form ADV filing dated August 6, 2026 (100% discretionary).

**How have Mutual Trust Asset MGMT., Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Mutual Trust Asset MGMT., Inc.: Regulatory assets under management: $195,265,338 in the October 2021 data and $58,355,433 in the October 2026 data, down 70%. Total employees: 8 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mutual Trust Asset MGMT., Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (112); high net worth individuals (8).

**Which custodians does Mutual Trust Asset MGMT., Inc. use?**
Mutual Trust Asset MGMT., Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Hilltop Securities Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Mutual Trust Asset MGMT., Inc. report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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/121364

**What changed in Mutual Trust Asset MGMT., Inc.'s recent Form ADV filings?**
In the June 2026 filing data: Item 11 disclosure answers changed: 3 yes answers, previously 5 (now no: 11.E(2), 11.E(4)).

## From the Form ADV filing

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

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

- Asset-based fee: 1% to 2.5% a year (a range, as the brochure states it)

> Fees are negotiable based on the client’s circumstances and requirements and range from 1% to 2.5%, depending upon the services rendered.

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.
- Hilltop Securities 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: $58,355,433
- Discretionary: $58,355,433
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 112 | $30,353,769 |
| High net worth individuals | 8 | $28,001,664 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2017 (9 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, TN
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an 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/121364

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Clearwater, FL
- St. Petersburg, FL
- West Palm Beach, FL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $195,265,338 | 8 | September 30, 2021 |
| October 2022 | $248,833,708 | 9 | June 8, 2022 |
| October 2023 | $218,558,283 | 10 | January 12, 2023 |
| October 2024 | $241,372,086 | 9 | May 15, 2024 |
| October 2025 | $57,396,568 | 7 | May 14, 2025 |
| October 2026 | $58,355,433 | 4 | August 6, 2026 |

Regulatory assets under management: $195,265,338 in the October 2021 data and $58,355,433 in the October 2026 data, down 70%.
Total employees: 8 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Item 11 disclosure answers changed: 3 yes answers, previously 5 (now no: 11.E(2), 11.E(4)).

### April 2026
- Changed its office addresses in St. Petersburg, FL.
- Added an office in Clearwater, FL.
- Added an office in West Palm Beach, FL.
- No longer lists an office in Ocala, FL.
- Registered or notice-filed in TN.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in AZ, CA, MA, TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mutual Trust Asset MGMT., Inc. (CRD 121364): Form ADV filing data as of October 2026.