{
  "crd_number": 155271,
  "slug": "tam-capital-management-inc-155271",
  "primary_business_name": "TAM CAPITAL MANAGEMENT INC",
  "legal_name": "TAM CAPITAL MANAGEMENT INC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-04-15",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-04-07",
  "carried_forward": false,
  "raum_total": 111712704.0,
  "raum_discretionary": 111712704.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 406332.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 92174147.0,
      "count": 14
    },
    "corporations_other_businesses": {
      "raum": 19132225.0,
      "count": 9
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT"
  ],
  "websites": [
    "https://twitter.com/CAPITALOBSERVER"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155271",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/tam-capital-management-inc-155271",
  "display_name": "TAM Capital Management Inc",
  "summary": "TAM Capital Management Inc is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 7, 2026.",
  "citation": "AdvisorCensus. TAM Capital Management Inc (CRD 155271): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is TAM Capital Management Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), TAM Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does TAM Capital Management Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated April 7, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is TAM Capital Management Inc registered with the SEC or a state?",
      "a": "TAM Capital Management Inc is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 155271."
    },
    {
      "q": "How much does TAM Capital Management Inc manage?",
      "a": "TAM Capital Management Inc reports $111,712,704 in regulatory assets under management in its Form ADV filing dated April 7, 2026 (100% discretionary)."
    },
    {
      "q": "How have TAM Capital Management Inc's assets and staff changed since 2022?",
      "a": "In the Form ADV data for TAM Capital Management Inc: Regulatory assets under management: $107,434,000 in the October 2022 data and $111,712,704 in the October 2026 data, up 4%. Total employees: 1 in October 2022 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does TAM Capital Management Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (14); corporations or other businesses not listed above (9)."
    },
    {
      "q": "Which custodians does TAM Capital Management Inc use?",
      "a": "TAM Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Interactive Brokers Corp. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does TAM 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/155271"
    },
    {
      "q": "Does TAM Capital Management Inc state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 7, 2026 says: \"There is no account minimum.\""
    },
    {
      "q": "What changed in TAM Capital Management Inc's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Regulatory assets under management went from $129,286,325 to $111,712,704 (-14%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 107434000.0,
      "total_employees": 1,
      "filing_date": "2022-04-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 122821603.0,
      "total_employees": 1,
      "filing_date": "2023-03-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 132117238.0,
      "total_employees": 1,
      "filing_date": "2024-03-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 129286325.0,
      "total_employees": 1,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 111712704.0,
      "total_employees": 1,
      "filing_date": "2026-04-07"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Regulatory assets under management went from $129,286,325 to $111,712,704 (-14%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 7, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "2% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 2% of assets a year"
        ],
        "quotes": [
          "All Assets Under Management 2.00% + performance fee These fees are negotiable and the final fee schedule is attached as Exhibit II of the Investment Advisory Contract."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "There is no account minimum."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 2.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "All Assets Under Management 2.00% + performance fee These fees are negotiable and the final fee schedule is attached as Exhibit II of the Investment Advisory Contract.",
      "There is no account minimum."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Interactive Brokers Corp.",
      "name_as_filed": "INTERACTIVE BROKERS CORP.",
      "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/tam-capital-management-inc-155271.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": null,
      "fewer_than_5": true,
      "raum": 406332.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 14,
      "fewer_than_5": false,
      "raum": 92174147.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 19132225.0
    }
  ],
  "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/155271",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}