SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Formidable Asset Management, LLC
Cincinnati, OH
CRD 167555
Firm filing updated August 14, 2026 ·
- $903MAssets
- 900Clients
- 14Advisory staff
- 2,196Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- Individuals674
- High net worth individuals203
- Corporations or other businesses10
- Pension and profit sharing plans5
- Charities5
- and 2 more3
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 674 | $230.4 million |
| High net worth individuals | 203 | $626.1 million |
| Investment companies | 2 | $39.8 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $1.8 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 5 | $986,484 |
| Charitable organizations | 5 | $1.8 million |
| Corporations or other businesses not listed above | 10 | $2.1 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
See all 5 services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Pension consulting services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles (other than investment companies)
- Pension consulting services
Assets and accounts
- Regulatory assets$903.0 million
- Accounts2,196
- Discretionary$902.3 million · 2,187 accounts
- Non-discretionary$731,378 · 9 accounts
People
- Employees21
- Advisory staff14
- Broker-dealer reps0
- Licensed insurance agents11
- Planning clients1 to 10
Advisors
8 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 167555, SEC file 801-77975.
- Registered with the SEC as an investment advisor (status date on record: April 22, 2013).
Is Formidable Asset Management, LLC a fiduciary?
Short answer: Formidable Asset Management, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
11 staff are licensed insurance agents, the firm is itself an insurance broker or agent and the firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.