Tannin Capital, LLC

Tannin Capital, LLC is a registered investment adviser based in Charlotte, NC, wholly owned by Clay Young. The firm has been providing investment advisory services since April 2017 and manages approximately $512 million in regulatory assets under management as of January 1, 2025. Services offered include financial planning, consulting, and investment management on a discretionary or non-discretionary basis. Clients can engage the firm through Envestnet for sub-manager services. Tannin Capital charges management fees ranging from 0.30% to 1.25% based on the type of services and portfolio size. The firm may also charge performance-based fees for certain alternative investment strategies. Clients have discretion over their accounts and can impose restrictions if deemed necessary. Tannin Capital utilizes fundamental, technical, and cyclical analysis in its investment strategies, focusing on risk management and client objectives. The firm recommends the use of Raymond James & Associates, Inc., and Charles Schwab & Co, Inc., for custody and brokerage services. Clients are encouraged to review account statements and reports regularly. Tannin Capital does not accept authority to vote client securities and does not require prepayment exceeding $1,200 in fees. The firm has no disciplinary events and provides a detailed Code of Ethics for client protection.