Drum Hill Capital provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 26–50 clients last fiscal year.
Drum Hill Capital reports 73 clients. They include 43 high-net-worth individuals, 29 individual clients and 1 charitable organization. Of its assets, 88.3% ($172M across 187 accounts) are managed with discretion; $22.7M across 23 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 40% | 5% |
| High-net-worth individuals | 59% | 95% |
| Charitable organizations | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 29 | $9.09M | 4.7% | $314K |
| High-net-worth individuals | 43 | $185M | 95.3% | $4.31M |
| Charitable organizations | 1 | $18.5K | 0.0% | $18.5K |
| Total | 73 | $194M | 100% | $2.66M |
- Clients
- 29
- Regulatory AUM
- $9.09M
- AUM share
- 4.7%
- Avg. per client
- $314K
- Clients
- 43
- Regulatory AUM
- $185M
- AUM share
- 95.3%
- Avg. per client
- $4.31M
- Clients
- 1
- Regulatory AUM
- $18.5K
- AUM share
- 0.0%
- Avg. per client
- $18.5K
Total
- Clients
- 73
- Regulatory AUM
- $194M
- AUM share
- 100%
- Avg. per client
- $2.66M
- 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
- 26–50
Drum Hill Capital is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Comprehensive household reporting
- Reporting and advice on held-away assets: 0.30% a year up to $2 million and 0.15% above, paid quarterly, with minimums of $1,000 a year and $50 per outside account.
- Investment consulting
- Investment consulting is billed hourly at $300 per hour, or as a fixed fee agreed in advance.
David Nightingale owns 50% to 75% of Drum Hill Capital. The leadership team of Drum Hill Capital includes Chief Investment Officer David Nightingale and Chief Compliance Officer Ronald Welz. It has 3 employees, 2 of them in advisory roles.
Leadership
Ronald WelzDirector of Operations and Chief Compliance Officer / Member
David NightingaleChief Investment Officer and Senior Advisor / Member
Zachary OlsonManaging Partner and Director of Investment Research / Member
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Drum Hill Capital, LLC
David Nightingale
Control person · since March 2024
- Owns 25% to 50% of Drum Hill Capital, LLC
Zachary Olson
Control person · since March 2024
Drum Hill Capital’s regulatory assets grew from $154M (March 2021) to $194M (September 2026); clients rose from 69 to 73 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $194M | 73 | 3 | 2 |
| Mar 2025March 2025 | $170M | 72 | 3 | 1 |
| Jul 2024July 2024 | $169M | 75 | 3 | 1 |
| Mar 2023March 2023 | $157M | 70 | 3 | 1 |
| Jun 2022June 2022 | $169M | 68 | 3 | 1 |
| Mar 2021March 2021 | $154M | 69 | 3 | 1 |
Besides its headquarters, Drum Hill Capital has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Connecticut · 1 listed address
- 1221 Post Road East, Suite 205, WestportHQ
Other business names
Drum Hill Capital has reported 1 other business name to the SEC.
- Drum Hill Capital
Contact and registration details
- Legal name
- Drum Hill Capital, LLC
- Headquarters
- 1221 Post Road East, Suite 205, Westport, CT 06880-5430
- Website
- drumhill.com
- Phone
- 203-349-8182
- @drum-hill-capital
- SEC file
- 801-66446
- Structure
- Connecticut LLC
- Fiscal year end
- December
Drum Hill Capital’s named custodian for separately managed accounts is Fidelity ($194M). Drum Hill Capital has custody of $5.9M for 7 clients.
- FidelityNational Financial Services LLC · Boston, MA · $194M100%
At year end, Drum Hill Capital’s separately managed accounts were largely in stocks (48%) and funds (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $98M across 45 positions; the largest are Vanguard Scottsdale Fds (14.1%), Newmont Corp. (7.8%) and Borgwarner Inc. (6.5%).
What the accounts hold
- Stocks48%
- Funds33%
- Cash19%
Reported 13F holdings
- $98M
- Reported 13F value
- 45
- Positions
- 61.5%
- In the 10 largest
- −10.0%
- Value vs. prior quarter
- Vanguard Scottsdale Fds · Short Term Treas14.1%
- Newmont Corp.7.8%
- Borgwarner Inc.6.5%
- Simplify Exchange Traded Fun · Simplify Interst6.4%
- Equinor Asa · Sponsored ADR5.5%
- Vaneck ETF Trust · Gold Miners ETF5.4%
- Shell PLC · Spon ADS4.6%
- Berkshire Hathaway Inc. Del · CL B New3.9%
- Verizon Communications Inc.3.9%
- Terex Corp. New3.6%
Together, the ten largest are 61.5% of reported value.
How many clients does Drum Hill Capital have?
Drum Hill Capital has 73 clients and manages $194 million for them, as of September 2026. They include 43 high-net-worth individuals, 29 individual clients and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Drum Hill Capital offer?
Drum Hill Capital provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Drum Hill Capital use?
Drum Hill Capital’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $194M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Drum Hill Capital have?
Drum Hill Capital has 3 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 Drum Hill Capital invest in?
At the end of its last fiscal year, Drum Hill Capital’s separately managed accounts held 48% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs) and 19% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Drum Hill Capital?
Drum Hill Capital’s direct owners are David Nightingale (50% to 75%) and Zachary Olson (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Drum Hill Capital get paid?
Drum Hill Capital is paid through a percentage of assets under management, hourly charges and fixed fees. 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
How do I contact Drum Hill Capital?
Drum Hill Capital’s main office is at 1221 Post Road East, Suite 205, Westport, CT 06880-5430. Its phone number is 203-349-8182. Its website is drumhill.com.