FOUNDATION RESOURCE MANAGEMENT, INC.
Adviser information for FOUNDATION RESOURCE MANAGEMENT, INC. last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Arkansas, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 604 | $918.4M |
| Non-Discretionary | 0 | $0 |
| Total | 604 | $918.4M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 55 | $25.7M |
| HNW Individuals | 160 | $594.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 9 | $61.2M |
| Charitable organizations | 21 | $142.2M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | <5 | $1.2M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 8 | $93.4M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUM |
Identifiers
| SEC RIA File Number | 801-60714 |
|---|---|
| SEC ERA File Number | 801-60714 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 116359 |
| Legal Entity Identifier | None |
Principal Office
401 W. CAPITOL, SUITE 503LITTLE ROCK
AR
United States
Monday - Friday, 8:00A.M.-5:00P.M. CST
Tel: 501-534-2675, Fax: 501-534-2675
Chief Compliance Officer
ABBY MCKELVY
CFO
401 W. CAPITOL, SUITE 503
LITTLE ROCK
AR
United States
Tel:
501-534-2675
Fax:
501-604-3195
A*******@********M
(Full email address available in API data)
Regulatory Contact
LAUREN SANDERS
CONTROLLER
401 W. CAPITOL, SUITE 503
LITTLE ROCK
AR
United States
Tel:
501-534-2685
Fax:
501-604-3195
L*******@********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MCKELVY, ABBY, YOUNG | Individual | – | CHIEF COMPLIANCE OFFICER | 10/2004 | < 5% |
| MILLSAP, MARK, WOOD | Individual | – | PRESIDENT | 01/2024 | 25-50% |
| HARTZ, GREGORY, PHILIP | Individual | – | SECRETARY | 01/2024 | 25-50% |