Cultivar Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, education planning, estate planning, retirement plan services, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Cultivar Capital reports 372 clients. They include 203 individual clients, 142 high-net-worth individuals and 20 charitable organizations. Of its assets, 100.0% ($375M across 987 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 55% | 11% |
| High-net-worth individuals | 38% | 71% |
| Investment companies | <1% | 10% |
| Pension and profit-sharing plans | 2% | <1% |
| Charitable organizations | 5% | 8% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 203 | $40.8M | 10.9% | $201K |
| High-net-worth individuals | 142 | $266M | 71.0% | $1.87M |
| Investment companies | 1 | $36.9M | 9.8% | $36.9M |
| Pension and profit-sharing plans | 6 | $2.54M | 0.7% | $424K |
| Charitable organizations | 20 | $28.7M | 7.6% | $1.43M |
| Total | 372 | $375M | 100% | $1.01M |
- Clients
- 203
- Regulatory AUM
- $40.8M
- AUM share
- 10.9%
- Avg. per client
- $201K
- Clients
- 142
- Regulatory AUM
- $266M
- AUM share
- 71.0%
- Avg. per client
- $1.87M
- Clients
- 1
- Regulatory AUM
- $36.9M
- AUM share
- 9.8%
- Avg. per client
- $36.9M
- Clients
- 6
- Regulatory AUM
- $2.54M
- AUM share
- 0.7%
- Avg. per client
- $424K
- Clients
- 20
- Regulatory AUM
- $28.7M
- AUM share
- 7.6%
- Avg. per client
- $1.43M
Total
- Clients
- 372
- Regulatory AUM
- $375M
- AUM share
- 100%
- Avg. per client
- $1.01M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Cultivar Capital charges 0.25%–1.00% a year for its Asset Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$250K | 1.00% |
| $250K–$500K | 0.75% |
| $500K–$1M | 0.50% |
| $1M and above | 0.25% |
Fee details and sources
Thomas Muir owns 75% or more of Cultivar Capital. The leadership team of Cultivar Capital includes President Thomas Muir. It has 3 employees, 2 of them in advisory roles.
Leadership
- Thomas MuirPresident, Chief Compliance Officer
- Jefferson HendersonPrincipal, Advisor
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Jefferson Keith Henderson
- Thomas Earl Muir
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Cultivar Capital, Inc.
Thomas Muir
Control person · since December 2011
- Owns 5% to 10% of Cultivar Capital, Inc.
Jefferson Henderson
Control person · since March 2026
Cultivar Capital’s regulatory assets grew from $285M (March 2021) to $375M (March 2026); clients rose from 285 to 372 and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $375M | 372 | 3 | 2 |
| March 2025 | $304M | 346 | 4 | 2 |
| March 2024 | $299M | 325 | 4 | 2 |
| March 2023 | $285M | 320 | 4 | 2 |
| March 2022 | $319M | 305 | 4 | 2 |
| March 2021 | $285M | 285 | 4 | 2 |
Besides its headquarters, Cultivar Capital has 1 office, with 2 listed addresses in Texas.
Texas · 2 listed addresses
- 421 E. Hickory St., Ste. 103, DentonHQ
- 313 W. FM 120, Pottsboro
Contact and registration details
- Legal name
- Cultivar Capital, Inc.
- Headquarters
- 421 E. Hickory St., Ste. 103, Denton, TX 76201
- Website
- cultivarcapital.com
- Phone
- 940-600-4553
- SEC file
- 801-73055
- Founded
- 2011
- Structure
- Texas corporation
- Fiscal year end
- December
Cultivar Capital uses Charles Schwab ($336M) as custodian for its separately managed accounts. Cultivar Capital has custody of $128M in client assets for 170 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $336M100%
At year end, Cultivar Capital’s separately managed accounts were mostly in funds (75%) and cash (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $155M across 40 positions; the largest are ETF Opportunities Trust (25.4%), iShares TR (16.2%) and EA Series Trust (12.9%).
What the accounts hold
- Stocks10%
- Funds75%
- Registered funds74%
- Pooled vehicles1%
- Bonds1%
- Cash14%
Reported 13F holdings
- $155M
- Reported 13F value
- 40
- Positions
- 90.9%
- In the 10 largest
- −0.8%
- Value vs. prior quarter
- ETF Opportunities Trust · Cultivar ETF25.4%
- iShares TR · Core US Aggbd ET16.2%
- EA Series Trust · Alpha Architect12.9%
- Weyerhaeuser CO9.5%
- iShares TR · 20 YR TR BD ETF9.1%
- Vaneck ETF Trust · Natural Resourc6.2%
- Barclays Bank PLC · Djubs Cmdt ETN365.2%
- Vaneck ETF Trust · Gold Miners ETF4.5%
- International Business Machs1.1%
- JPMORGAN Chase & CO0.9%
Together, the ten largest are 90.9% of reported value.
How many clients does Cultivar Capital have?
Cultivar Capital has 372 clients and manages $375 million for them, as of March 2026. They include 203 individual clients, 142 high-net-worth individuals and 20 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Cultivar Capital offer?
Cultivar Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, education planning, estate planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Cultivar Capital charge?
Cultivar Capital charges 0.25%–1.00% a year for its Asset Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Cultivar Capital use?
Cultivar Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $336M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Cultivar Capital have?
Cultivar Capital has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cultivar Capital invest in?
At the end of its last fiscal year, Cultivar Capital’s separately managed accounts held 74% registered funds (mutual funds, ETFs, BDCs), 14% cash and equivalents, 10% exchange-traded equities, 1% state and local bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cultivar Capital?
Cultivar Capital’s direct owners are Thomas Muir (75% or more) and Jefferson Henderson (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Cultivar Capital get paid?
Cultivar Capital is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Cultivar Capital registered with the SEC?
Yes, Cultivar Capital has been registered with the SEC as an investment adviser since 17 January 2012. Its CRD number is 160145 and its SEC file number is 801-73055.
Source: Form ADV Part 1A, Item 1, filed 25 March 2026; IAPD firm record
How do I contact Cultivar Capital?
Cultivar Capital’s main office is at 421 E. Hickory St., Ste. 103, Denton, TX 76201. Its phone number is 940-600-4553. Its website is cultivarcapital.com.