Wallace Hart Llc
- Regulatory AUM
- $264M
- Discretionary
- $261M
- Clients
- 230
- Avg AUM / client
- $1.1M
- Accounts
- 873
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 138 | $52.8M | 20.0% |
| High net worth individuals | 89 | $189M | 71.7% |
| Pooled investment vehicles (non-investment companies) | 2 | $17.5M | 6.64% |
| Pension and profit sharing plans | 1 | $4.3M | 1.63% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $22.0M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Wallace Hart Momentum Fund, Lp master | Hedge Fund | Delaware | $22.0M | 33 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Andrew Hart | Founder, Member & Chief Planning Strategist | Feb 2017 (10y) | ≈ 18.75% – 50% via Hart Consulting, Llc | |
| Jeremy Wallace | Founder, Elected Manager & Chief Investment Officer | Feb 2017 (10y) | ≈ 37.5% – 75% via Bourne Wallace, Llc | |
| Jessica Louise Bedell | Chief Compliance Officer | Jul 2021 (5y) | Less than 5% | |
| Brandon Jay Smith | Registered representative | Sep 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bourne Wallace, Llc | Owner | Jul 2019 | A | 50% – 75% |
| Hart Consulting, Llc | Owner | Jul 2019 | A | 25% – 50% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Michael Andrew Hart: 75% – 100% of Hart Consulting, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Jeremy Wallace: 75% – 100% of Bourne Wallace, Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $22.0M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Wallace Hart Momentum Fund, Lp | Hedge Fund | $22.0M | $75.0K | 33 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/24/2026 | 1.24 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Raymond James $215M (81% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 24, 2026.
View current Form ADV (SEC/IAPD) ↗