Foundation Resource Management, Inc.

RIASEC Registered

Total AUM

$1.1B

Discretionary

$1.1B

100% of AUM

Avg account

$1.9M

Accounts

597

Employees

Advisory reps

Firm details

Headquarters: Little Rock, Arkansas
CRD number: 116359
Registered since: November 21, 2001
Website: www.frmlr.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM
Client types: HNWI65.81%
Charitable Organizations14.9%
Corporations / Businesses10.13%
Pension & Profit Sharing Plans6.12%
Individuals2.92%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Foundation Resource Management, Inc. is an independent registered investment adviser that has been SEC-registered since 2001. The firm operates as a corporation owned by an individual and serves both individuals/families and institutional clients. Its business model is fee-based, charging a percentage of assets under management for portfolio management services provided to individuals, small businesses, and institutional entities. Foundation Resource Management is not an active ESG investor and does not present itself as a multi-state or pension consultant adviser. The firm received recognition in CNBC’s Top 100 Financial Advisory Firms list in both 2019 and 2020. Its stated advisory activities center on discretionary portfolio management for private clients and for businesses or institutions.