# Tencap Wealth Coaching

> Tencap Wealth Coaching is an SEC-registered investment advisory firm in South Jordan, UT, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 166130
- Filed as: TENCAP WEALTH COACHING
- Legal name: Tencap Wealth Coaching, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: South Jordan, UT
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166130
- AdvisorCensus page: https://advisorcensus.com/firm/tencap-wealth-coaching-south-jordan-ut-166130

## Quick answers

**How is Tencap Wealth Coaching compensated?**
On its Form ADV (Item 5.E, October 2026), Tencap Wealth Coaching reports these compensation arrangements: a percentage of assets under its management; hourly charges; other.

**How much does Tencap Wealth Coaching charge?**
Its Form ADV Part 2A brochure dated March 20, 2026 states: Flat fee: up to $10,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Tencap Wealth Coaching located?**
Tencap Wealth Coaching's principal office is in South Jordan, UT, according to its Form ADV; the April 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Tencap Wealth Coaching registered with the SEC or a state?**
Tencap Wealth Coaching is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 166130.

**How much does Tencap Wealth Coaching manage?**
Tencap Wealth Coaching reports $285,025,351 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have Tencap Wealth Coaching's assets and staff changed since 2024?**
In the Form ADV data for Tencap Wealth Coaching: Regulatory assets under management: $117,197,434 in the October 2025 data and $285,025,351 in the October 2026 data, up 143%. Total employees: 12 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Tencap Wealth Coaching serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (681); high net worth individuals (55); pension and profit sharing plans (but not the plan participants or government pension plans) (13).

**Which custodians does Tencap Wealth Coaching use?**
Tencap Wealth Coaching's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Altruist Financial LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Tencap Wealth Coaching report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct) and 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/166130

**Does Tencap Wealth Coaching state an account minimum?**
Its Form ADV Part 2A brochure dated March 20, 2026 says: "Tencap requires a minimum of $300,000 to open and maintain an account. In certain instances, the minimum account size may be lowered or waived."

**What changed in Tencap Wealth Coaching's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 9 to 7. Regulatory assets under management went from $117,197,434 to $285,025,351 (+143%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 20, 2026)

- Account minimum: $300,000 (the brochure says it may be waived or negotiated)

> Tencap requires a minimum of $300,000 to open and maintain an account. In certain instances, the minimum account size may be lowered or waived.

- Flat fee: up to $10,000 (financial planning services)

> Tencap charges a negotiable fixed fee of up to $10,000 for financial planning services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Altruist Financial LLC

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: $285,025,351
- Discretionary: $285,025,351
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 681 | $136,165,148 |
| High net worth individuals | 55 | $138,776,791 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 13 | $4,926,024 |
| Charitable organizations | 1 | $82 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 3 | $5,157,306 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, HI, ID, KS, MN, NC, ND, NE, NV, SC, TX, UT, VA, WA, WY
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 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/166130

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Draper, UT
- Grand Forks, ND
- Logan, UT
- Millcreek, UT
- Pleasant Grove, UT
- Preston, ID

### Websites listed on Form ADV (Item 1.I)
- [tencap.com](https://tencap.com)
- Facebook @TencapWealthCoaching
- Instagram @TENCAPWEALTHCOACHING
- LinkedIn @encap-wealth-coaching
- LinkedIn @blackgreg
- YouTube @gregblack11

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | Not reported | 12 | June 28, 2024 |
| October 2025 | $117,197,434 | 15 | June 26, 2025 |
| October 2026 | $285,025,351 | 7 | March 20, 2026 |

Regulatory assets under management: $117,197,434 in the October 2025 data and $285,025,351 in the October 2026 data, up 143%.
Total employees: 12 in October 2024 and 7 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 9 to 7.
- Regulatory assets under management went from $117,197,434 to $285,025,351 (+143%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Tencap Wealth Coaching (CRD 166130): Form ADV filing data as of October 2026.