Baxter Capital Management Inc
- Regulatory AUM
- $4.2B
- Discretionary
- $0
- Clients
- 13
- Avg AUM / client
- $323M
- Accounts
- 13
- Employees
- 3
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | 12 | $757M | 18.1% |
| Charitable organizations | 1 | $3.4B | 81.9% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Gary Lee Baxter | Chief Economist/Director/Secretary Treasurer | Dec 1998 (28y) | Less than 5% | |
| David Colin Smith | President/Director/Chief Compliance Officer | Feb 2013 (13y) | 75% or more | |
| Derek Allen Gale | Registered representative | Apr 2015 (11y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 911 KB | 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
- • Fixed fees
Services
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Reported custodians
- Keybank National Association $3.4B (82% of AUM) Mar 2026
- First Merchants Trust Co $2.3B (79% of AUM) Mar 2025
- Alloya Federal Credit Union $572M (14% of AUM) Mar 2026
- Corporate Central Credit Union $55.5M (11% of AUM) Apr 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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 30, 2026.
View current Form ADV (SEC/IAPD) ↗