Fort Henry Capital, LLC (Wheeling)

Name: Fort Henry Capital, LLC
Address: 48 Fourteenth Street, Wheeling, WV, 26003
Telephone: 304-232-0422

Fort Henry Capital, LLC is a large advisory firm based in Wheeling. It manages $139.92 million of regulatory assets for 321 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Ohio, Pennsylvania, and West Virginia.

Fort Henry Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fort Henry Capital: assets under management

The assets under management (AUM) of Fort Henry Capital, LLC is $139.92 million. The firm's AUM has grown by 354% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $137.47 million in discretionary accounts and $2.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $429.59 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.45 million.

Fort Henry Capital has custody of $44.07 million in cash and securities for 96 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fort Henry Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fort Henry Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Fort Henry Capital is high net worth individuals with 51 clients and $71.98 million of assets under management. Among the 10 most similar advisory firms, Fort Henry Capital has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $139.92 million for 321 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Fort Henry Capital doesn't advise any private funds.

Careers at Fort Henry Capital, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeremy Justin Lowe	Member / chief compliance officer	1 Jan 2014	50% - 75%	4088772
Russell Wayne Dunkin	Member	1 Jan 2014	50% - 75%	3105301

Based in Wheeling

The principal office where Fort Henry Capital, LLC performs its advisory services is located at 48 Fourteenth Street, Wheeling, WV 26003, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 304-232-0422 or by fax 304-232-5329. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at forthenrycapital.com.