Horrell Capital Management, Inc.

Horrell Capital Management, Inc. is a registered investment advisor based in Little Rock, Arkansas, founded by Scott Horrell in October 1999. The firm primarily offers investment supervisory services, managing assets using equity and fixed income strategies. Scott Horrell, the President, has discretion to invest client funds in various securities, including equity securities, corporate debt securities, and mutual fund shares. As of December 31, 2024, the firm managed 190 portfolios for 77 clients with assets under management totaling $454,201,137.79, with an average portfolio size of $2,390,532.30. The firm charges annual fees based on a percentage of assets under management, ranging from 1.00% to 0.50%, with a minimum fee of $1,500 per client. Horrell Capital Management does not charge performance-based fees and acts as a fiduciary, placing clients' interests first. The firm does not engage in soft dollar practices and does not compensate individuals for client referrals. Clients grant investment discretion to the firm, allowing Scott Horrell to buy, sell, or effect transactions in securities on their behalf. The firm reviews accounts periodically, with special reviews triggered by changes in client objectives or market conditions. Horrell Capital Management does not have custody of client funds and has no financial condition likely to impair its ability to meet commitments. Scott Horrell has a clean disciplinary record and follows a Code of Ethics to ensure compliance and transparency in client dealings.