Wallace Capital Management, Inc.

Wallace Capital Management, Inc. is a registered investment adviser based in Dallas, Texas, founded in May 2002. The firm specializes in providing investment supervisory services to individuals, high-net-worth individuals, retirement and profit-sharing plans, charitable institutions, foundations, and private investment funds. They offer tailored investment advisory services based on individual objectives and risk tolerances. Clients may impose restrictions on securities held in their accounts, and certain clients invest in the Wallace Capital Management Fund, L.P. and the Avalon Wallace Investment Fund, L.P. The firm manages client assets on a discretionary basis totaling $1,328,601,738 as of December 31, 2023. For Separate Account Clients, Wallace Capital Management charges a management fee of up to 1.00% per year, paid quarterly in arrears. Incentive fees may also apply based on investment gains. The firm may waive or negotiate fees based on individual circumstances. Clients may incur additional fees from non-affiliated firms for trades, custodial services, and other transactions. The minimum account size for Separate Accounts is $2,000,000, and for the investment in the funds, it is $1,000,000 and $200,000, respectively. The firm exercises investment discretion in selecting securities aligned with client objectives and follows a trade rotation policy to ensure fair execution. Clients receive regular account reviews and reports, and the firm has a Code of Ethics to guide business conduct and fiduciary duty. Wallace Capital Management also provides detailed risk disclosures related to investment strategies, market risks, and financial instruments. The firm emphasizes transparency, fair treatment, and client-focused decision-making in its operations.