Foundation Capital Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 26–50 clients last fiscal year.
Foundation Capital Management reports 595 clients. They include 494 individual clients, 95 high-net-worth individuals and 6 charitable organizations. Of its assets, 100.0% ($244M across 559 accounts) are managed with discretion. It advised 559 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 50% |
| High-net-worth individuals | 16% | 46% |
| Charitable organizations | 1% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 494 | $121M | 49.8% | $246K |
| High-net-worth individuals | 95 | $113M | 46.3% | $1.19M |
| Charitable organizations | 6 | $9.58M | 3.9% | $1.6M |
| Total | 595 | $244M | 100% | $410K |
- Clients
- 494
- Regulatory AUM
- $121M
- AUM share
- 49.8%
- Avg. per client
- $246K
- Clients
- 95
- Regulatory AUM
- $113M
- AUM share
- 46.3%
- Avg. per client
- $1.19M
- Clients
- 6
- Regulatory AUM
- $9.58M
- AUM share
- 3.9%
- Avg. per client
- $1.6M
Total
- Clients
- 595
- Regulatory AUM
- $244M
- AUM share
- 100%
- Avg. per client
- $410K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 559
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Foundation Capital Management charges 0.50%–2.00% a year for its Investment Management Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Planning is billed at a negotiated rate: hourly fees of $200 to $400 an hour, or fixed project fees of $1,000 to $2,500.
Charles Minnich owns 50% to 75% of Foundation Capital Management. The leadership team of Foundation Capital Management includes President Michael Natale and Chief Compliance Officer Charles Minnich. It has 2 employees.
Leadership
- Michael NatalePresident
- Charles MinnichChief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- 2 insurance agents
- Owns 50% to 75% of Foundation Capital Management, LLC
Charles Minnich
Control person · since December 2006
- Owns 50% to 75% of Foundation Capital Management, LLC
Michael Natale
Control person · since December 2006
Foundation Capital Management’s regulatory assets grew 1.8× from $134M (March 2024) to $244M (March 2026); clients rose from 365 to 595 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $244M | 595 | 2 | 1 |
| Mar 2025March 2025 | $196M | 491 | 2 | 1 |
| Mar 2024March 2024 | $134M | 365 | 2 | 1 |
Besides its headquarters, Foundation Capital Management has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 2100 Swede RD, East NorritonHQ
Contact and registration details
- Legal name
- Foundation Capital Management, LLC
- Headquarters
- 2100 Swede RD, East Norriton, PA 19401
- Website
- Not reported
- Phone
- 610-278-6961
- SEC file
- 801-127582
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Foundation Capital Management’s named custodian for separately managed accounts is TD Ameritrade ($49M). Foundation Capital Management does not have custody of client assets.
- TD AmeritradeTD Ameritrade, Inc. · Omaha, NE · $49M100%
At year end, Foundation Capital Management’s separately managed accounts were mostly in funds (95%).
What the accounts hold
- Stocks5%
- Funds95%
How many clients does Foundation Capital Management have?
Foundation Capital Management has 595 clients and manages $244 million for them, as of March 2026. They include 494 individual clients, 95 high-net-worth individuals and 6 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Foundation Capital Management offer?
Foundation Capital Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Foundation Capital Management charge?
Foundation Capital Management charges 0.50%–2.00% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.
Source: FOUNDATION CAPITAL MANAGEMENT PART 2, filed 26 March 2026
Which custodians does Foundation Capital Management use?
Foundation Capital Management’s separately managed account assets are held at TD Ameritrade, Inc. (Omaha, NE), with $49M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Foundation Capital Management have?
Foundation Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 2 employees are 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 Foundation Capital Management invest in?
At the end of its last fiscal year, Foundation Capital Management’s separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs) and 5% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Foundation Capital Management?
Foundation Capital Management’s direct owners are Charles Minnich (50% to 75%) and Michael Natale (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Foundation Capital Management get paid?
Foundation Capital Management 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 Foundation Capital Management?
Foundation Capital Management’s main office is at 2100 Swede RD, East Norriton, PA 19401. Its phone number is 610-278-6961.