Formidable Asset Management, LLC

RIASEC RegisteredEst. 2013

Total AUM

$903M

Discretionary

$902M

100% of AUM

Avg account

$411K

Accounts

2,196

Employees

Advisory reps

Firm details

Headquarters: Cincinnati, Ohio
CRD number: 167555
Registered since: April 22, 2013
Website: www.formidableam.com
Custodians: RAYMOND JAMES & ASSOCIATES, INC., LPL FINANCIAL LLC, CHARLES SCHWAB & CO., INC., SEI INVESTMENTS DISTRIBUTION CO.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: HNWI69.34%
Individuals25.51%
Investment Companies4.41%
Corporations / Businesses0.24%
Pooled Investment Vehicles0.2%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPension Consulting

Firm profile

FINTRX

Overview

Formidable Asset Management, LLC is an independent, owner-operated registered investment adviser that began SEC registration in 2013. The firm serves both individual/family and institutional clients and charges traditional percentage-of-assets fees alongside performance-based fees on select mandates. It also functions as an insurance broker and provides a broad set of advisory services, including financial planning and portfolio management across individuals, small businesses, investment companies and pooled vehicles. The firm’s filings list pension consulting services among its capabilities and it maintains industry relationships with accountants, insurance companies and sponsors or general partners of pooled vehicles. Formidable is not positioned as an ESG-focused allocator and is not described as a capital allocator. Its organizational form is an LLC and it appears to retain control at the individual-owner level rather than being part of a larger advisor network.