{"url":"https://nivawealth.com/firms/forman-capital-329537","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/329537","regulatoryAum":350513798,"crd":"329537","history":[{"filedOn":"2024-01-15","regulatoryAum":123720701,"clients":14,"employees":8,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":368058752,"clients":13,"employees":11,"offices":1},{"filedOn":"2026-03-25","regulatoryAum":350513798,"clients":14,"employees":14,"offices":1}],"secFileNumber":"801-129505","legalName":"Forman Capital, LLC","displayName":"Forman Capital","slug":"forman-capital-329537","website":"https://formancap.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/329537/4757e471e0b8fd47-r1.webp","tone":"light","width":578,"height":200,"sourceUrl":"https://www.formancap.com/","sourceLabel":"Forman Capital, LLC, website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/forman-capital/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"430 N.e. 5th Ave","city":"Delray Beach","state":"FL","stateName":"Florida","country":"United States","postalCode":"33483"},"tradeNames":[],"registration":{"secApproved":"14 February 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":14,"advisory":11,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":350513798,"discretionary":350513798,"discretionaryAccounts":14,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":14,"regulatoryAum":350513798}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Forman Capital has custody of $351M in client assets for 14 clients.","otherCustodians":[],"leadership":[{"name":"Benjamin Jacobson","title":"Partner / CCO","crd":"5982521"}],"ownership":[{"label":"BDF Financial Services Inc","detail":"Member in the 75% or more ownership band and a control person, since December 2022."},{"label":"Jacobson Capital Group LLC","detail":"Member in the 25% to 50% ownership band and a control person, since December 2022."},{"label":"Benjamin Jacobson","detail":"Indirect owner: a member of Jacobson Capital Group LLC in the 75% or more band and a control person, since December 2022.","parent":"Jacobson Capital Group LLC"},{"label":"Brett Forman","detail":"Indirect owner: a shareholder of BDF Financial Services Inc in the 75% or more band and a control person, since December 2022.","parent":"BDF Financial Services Inc"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"430 N.e. 5th Ave","city":"Delray Beach","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-588-0132","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":14},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/329537/PDF/329537.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Forman Capital have?","answer":"Forman Capital has 14 clients and manages $351 million for them, as of March 2026. They include 14 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Forman Capital offer?","answer":"Forman Capital provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Forman Capital have?","answer":"Forman Capital has 0 investment adviser representatives registered with state securities authorities, out of 14 employees, and 11 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Forman Capital?","answer":"Forman Capital is owned through holding companies by Benjamin Jacobson and Brett Forman. Its direct owners are BDF Financial Services Inc (75% or more) and Jacobson Capital Group LLC (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Forman Capital get paid?","answer":"Forman Capital is paid through a percentage of assets under management, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Forman Capital?","answer":"Forman Capital’s main office is at 430 N.e. 5th Ave, Delray Beach, FL 33483. Its phone number is 561-588-0132. Its website is formancap.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}