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.
Wallace Capital Management, Inc.
Dallas, TX
CRD 119174
Firm filing updated March 31, 2026 ·
- $1.5BAssets
- 487Clients
- 6Advisory staff
- 491Accounts
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
- High net worth individuals262
- Individuals153
- Corporations or other businesses65
- Charities6
- Pooled vehicles1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 153 | $67.0 million |
| High net worth individuals | 262 | $912.2 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $142.7 million |
| Charitable organizations | 6 | $41.4 million |
| Corporations or other businesses not listed above | 65 | $325.6 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
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$1.5 billion
- Accounts491
- Discretionary$1.5 billion · 479 accounts
- Non-discretionary$24.2 million · 12 accounts
People
- Employees7
- Advisory staff6
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients0
Advisors
2 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 119174, SEC file 801-70100.
- Registered with the SEC as an investment advisor (status date on record: April 30, 2009).
Is Wallace Capital Management, Inc. a fiduciary?
Short answer: Wallace Capital Management, Inc. is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
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.