# Wallace Hart Capital Management

> Wallace Hart Capital Management is an SEC-registered investment advisory firm in Lexington, KY, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 285981
- Filed as: WALLACE HART CAPITAL MANAGEMENT
- Legal name: Wallace Hart LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lexington, KY
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285981
- AdvisorCensus page: https://advisorcensus.com/firm/wallace-hart-capital-management-lexington-ky-285981

## Quick answers

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

**Where is Wallace Hart Capital Management located?**
Wallace Hart Capital Management's principal office is in Lexington, KY, according to its Form ADV.

**Is Wallace Hart Capital Management registered with the SEC or a state?**
Wallace Hart Capital Management is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 285981.

**How much does Wallace Hart Capital Management manage?**
Wallace Hart Capital Management reports $264,001,265 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (99% discretionary).

**How have Wallace Hart Capital Management's assets and staff changed since 2021?**
In the Form ADV data for Wallace Hart Capital Management: Regulatory assets under management: $215,000,000 in the October 2021 data and $264,001,265 in the October 2026 data, up 23%. Total employees: 5 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Wallace Hart Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (138); high net worth individuals (89); pooled investment vehicles (other than investment companies and business development companies) (2).

**Which custodians does Wallace Hart Capital Management use?**
Wallace Hart Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Wallace Hart Capital Management report any disciplinary disclosures?**
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/285981

**What changed in Wallace Hart Capital Management's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Raymond James & Associates, 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: $264,001,265
- Discretionary: $260,806,027
- Non-discretionary: $3,195,238

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 138 | $52,825,278 |
| High net worth individuals | 89 | $189,348,294 |
| 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) | 2 | $17,521,012 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $4,306,681 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### 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)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 5 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, KY, MI, NC, OH, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- wallacehart.com
- Facebook @WALLACEHARTCAPITAL
- LinkedIn @WALLACEHART

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $215,000,000 | 5 | September 14, 2021 |
| October 2022 | $242,220,000 | 5 | March 31, 2022 |
| October 2023 | $214,691,810 | 3 | March 30, 2023 |
| October 2024 | $234,437,210 | 5 | March 19, 2024 |
| October 2025 | $255,607,816 | 6 | July 11, 2025 |
| October 2026 | $264,001,265 | 5 | March 24, 2026 |

Regulatory assets under management: $215,000,000 in the October 2021 data and $264,001,265 in the October 2026 data, up 23%.
Total employees: 5 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Wallace Hart Capital Management (CRD 285981): Form ADV filing data as of October 2026.