Wallace Hart Capital Management

Wallace Hart LLC, operating as Wallace Hart Capital Management, was established in 2016 and registered as an investment adviser in January 2017. The firm's principal owners are Jeremy Wallace and Andrew Hart. Wallace Hart offers financial planning services alongside portfolio management, tailoring each client's Financial Profile and Investment Plan to their circumstances and goals. The firm may provide standalone financial planning services in the future. Clients can opt for discretionary or non-discretionary portfolio management, with Wallace Hart having the authority to manage investments without prior client consultation in discretionary accounts. The firm manages approximately $252 million on a discretionary basis and $3.2 million on a non-discretionary basis. Wallace Hart provides services to individuals, pension plans, corporations, trusts, and charitable organizations, with a minimum investment requirement of $500,000 for pooled investment vehicles. The firm primarily uses fundamental analysis for stock selection and offers various investment strategies, including long-term purchases, short sales, and options trading. Clients pay management fees based on a percentage of assets under management, with fees generally debited quarterly. Wallace Hart does not receive performance-based fees but may allocate profits to the General Partner for the Funds. The firm does not have any disciplinary events to report and does not vote proxies for client securities. Clients may direct brokerage services, with custodians providing account statements and trading confirmations. Wallace Hart does not vote proxies for client securities.