Foundation Resource Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Foundation Resource Management reports 250 clients. They include 157 high-net-worth individuals, 54 individual clients and 21 charitable organizations. Of its assets, 100.0% ($1.14B across 597 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 22% | 3% |
| High-net-worth individuals | 63% | 66% |
| Pension and profit-sharing plans | 4% | 6% |
| Charitable organizations | 8% | 15% |
| Insurance companies | <1% | <1% |
| Other client typesCorporations and other businesses | 3% | 10% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 54 | $33.3M | 2.9% | $616K |
| High-net-worth individuals | 157 | $749M | 65.8% | $4.77M |
| Pension and profit-sharing plans | 10 | $69.6M | 6.1% | $6.96M |
| Charitable organizations | 21 | $169M | 14.9% | $8.07M |
| Insurance companies | Fewer than 5 | $1.33M | 0.1% | $1.33M |
| Corporations and other businesses | 7 | $115M | 10.1% | $16.5M |
| Total | 250 | $1.14B | 100% | — |
- Clients
- 54
- Regulatory AUM
- $33.3M
- AUM share
- 2.9%
- Avg. per client
- $616K
- Clients
- 157
- Regulatory AUM
- $749M
- AUM share
- 65.8%
- Avg. per client
- $4.77M
- Clients
- 10
- Regulatory AUM
- $69.6M
- AUM share
- 6.1%
- Avg. per client
- $6.96M
- Clients
- 21
- Regulatory AUM
- $169M
- AUM share
- 14.9%
- Avg. per client
- $8.07M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.33M
- AUM share
- 0.1%
- Avg. per client
- $1.33M
- Clients
- 7
- Regulatory AUM
- $115M
- AUM share
- 10.1%
- Avg. per client
- $16.5M
Total
- Clients
- 250
- Regulatory AUM
- $1.14B
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Foundation Resource Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Meredith Moll owns 50% to 75% of Foundation Resource Management. The leadership team of Foundation Resource Management includes President Meredith Moll and Chief Compliance Officer Abby McKelvy. It has 9 employees, 6 of them in advisory roles.
Leadership
- Meredith MollPresident
- Abby McKelvyChief Compliance Officer
- Zachary RileySecretary
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Christopher Patrick Fleischmann
- Gregory Philip Hartz
- Mark Wood Millsap
- Meredith Humphrey Moll
- Zachary Davis Riley
Staff
- 9 employees
- 6 in advisory functions
- 5 state-registered reps
- Owns 50% to 75% of Foundation Resource Management, Inc.
Meredith Moll
Control person · since February 2025
- Owns 25% to 50% of Foundation Resource Management, Inc.
Zachary Riley
Control person · since February 2025
Foundation Resource Management’s regulatory assets grew 1.8× from $631M (March 2021) to $1.14B (March 2026); clients rose from 191 to 250 and employees fell from 11 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.14B | 250 | 9 | 1 |
| March 2025 | $918M | 257 | 11 | 1 |
| March 2024 | $918M | 254 | 10 | 1 |
| March 2023 | $850M | 231 | 10 | 1 |
| March 2022 | $792M | 215 | 11 | 1 |
| March 2021 | $631M | 191 | 11 | 1 |
Besides its headquarters, Foundation Resource Management has 0 offices, with 1 listed address in Arkansas.
Arkansas · 1 listed address
- 401 W. Capitol, Suite 503, Little RockHQ
Contact and registration details
- Legal name
- Foundation Resource Management, Inc.
- Headquarters
- 401 W. Capitol, Suite 503, Little Rock, AR 72201
- Website
- frmlr.com
- Phone
- 501-534-2675
- @foundation-resource-management
- SEC file
- 801-60714
- Structure
- Arkansas corporation
- Fiscal year end
- December
Foundation Resource Management uses Charles Schwab ($779M, 81%) and Fidelity ($184M, 19%) as custodians for its separately managed accounts. Foundation Resource Management has custody of $10.9M in client assets for 1 client.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $779M81%
- FidelityFidelity Investments · Boston, MA · $184M19%
At year end, Foundation Resource Management’s separately managed accounts were mostly in stocks (82%) and cash (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $860M across 56 positions; the largest are Exxon Mobil (6.7%), Teck Resources Ltd CL B (6.2%) and Berkshire Hathaway CL B (5.6%).
What the accounts hold
- Stocks82%
- Bonds7%
- Investment grade corporate bonds3%
- U.S. government and agency bonds2%
- State and local bonds2%
- Cash11%
Reported 13F holdings
- $860M
- Reported 13F value
- 56
- Positions
- 45.2%
- In the 10 largest
- −3.2%
- Value vs. prior quarter
- Exxon Mobil6.7%
- Teck Resources Ltd CL B6.2%
- Berkshire Hathaway CL B5.6%
- Newmont Goldcorp5.4%
- Chevron4.6%
- Dollar General Corp.3.8%
- Conocophillips3.5%
- Adobe Sys3.2%
- Agnico Eagle Mines Ltd3.2%
- Verizon Communications Inc.3.2%
Together, the ten largest are 45.2% of reported value.
How many clients does Foundation Resource Management have?
Foundation Resource Management has 250 clients and manages $1.14 billion for them, as of March 2026. They include 157 high-net-worth individuals, 54 individual clients and 21 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Foundation Resource Management offer?
Foundation Resource Management provides 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
Which custodians does Foundation Resource Management use?
Foundation Resource Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $779M and Fidelity Investments (Boston, MA), with $184M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Foundation Resource Management have?
Foundation Resource Management has 5 investment adviser representatives registered with state securities authorities, out of 9 employees, and 6 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 Foundation Resource Management invest in?
At the end of its last fiscal year, Foundation Resource Management’s separately managed accounts held 82% exchange-traded equities, 11% cash and equivalents, 3% investment grade corporate bonds, 2% U.S. government and agency bonds and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Foundation Resource Management?
Foundation Resource Management’s direct owners are Meredith Moll (50% to 75%) and Zachary Riley (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Foundation Resource Management get paid?
Foundation Resource Management 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 Foundation Resource Management registered with the SEC?
Yes, Foundation Resource Management has been registered with the SEC as an investment adviser since 21 November 2001. Its CRD number is 116359 and its SEC file number is 801-60714.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact Foundation Resource Management?
Foundation Resource Management’s main office is at 401 W. Capitol, Suite 503, Little Rock, AR 72201. Its phone number is 501-534-2675. Its website is frmlr.com.