Foundation Resource Management, Inc.
- Regulatory AUM
- $1.1B
- Discretionary
- $1.1B
- Clients
- 250
- Avg AUM / client
- $4.6M
- Accounts
- 597
- Employees
- 9
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 54 | $33.3M | 2.92% |
| High net worth individuals | 157 | $749M | 65.8% |
| Pension and profit sharing plans | 10 | $69.6M | 6.12% |
| Charitable organizations | 21 | $169M | 14.9% |
| Insurance companies | 1 | $1.3M | 0.12% |
| Corporations and other businesses | 7 | $115M | 10.1% |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Arkansas Childrens Foundation EIN 710568795 | Little Rock, AR | 06/30/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Wehco Profit Sharing Plan Wehco Media, Inc. & Subsidiaries | Little Rock, AR | 2024 |
| Wehco Video Profit Sharing Plan Wehco Video Inc. & Subsidiaries | Little Rock, AR | 2024 |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Gregory Philip Hartz | Secretary | CFA | May 1992 (34y) | 25% – 50% |
| Mark Wood Millsap | President | CFA | Nov 2001 (25y) | 25% – 50% |
| Mckelvy, Abby, Young | Chief Compliance Officer | Oct 2004 (22y) | Less than 5% | |
| Christopher Patrick Fleischmann | Registered representative | CFA | Sep 2008 (18y) | |
| Zachary Davis Riley | Registered representative | CFA | Oct 2016 (10y) | |
| Meredith Humphrey Moll | Registered representative | CFA | May 2017 (9y) |
Undisclosed: 0% – 50% 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.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Wehco Profit Sharing Plan | Wehco Media, Inc. & Subsidiaries | 640 | $20.8M | 01/01/2024 |
| Wehco Video Profit Sharing Plan | Wehco Video Inc. & Subsidiaries | 166 | $9.7M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Arkansas Childrens Foundation | Public charity | $577M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 921 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
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Charles Schwab & Co. $779M (68% of AUM) Mar 2026
- U.S. Bank $670M (53% of AUM) Jun 2020
- Fidelity Investments $184M (16% of AUM) Mar 2026
- Merrill Lynch $143M (11% of AUM) Jun 2020
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 30, 2026.
View current Form ADV (SEC/IAPD) ↗