Fulcrum Equity Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Fulcrum Equity Management reports 487 clients. They include 461 individual clients, 23 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 100.0% ($193M across 741 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $192M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 95% | 45% |
| High-net-worth individuals | 5% | 55% |
| Other investment advisers | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 461 | $85.8M | 44.5% | $186K |
| High-net-worth individuals | 23 | $105M | 54.6% | $4.58M |
| Other investment advisers | Fewer than 5 | $1.14M | 0.6% | $1.14M |
| Corporations and other businesses | Fewer than 5 | $479K | 0.2% | $240K |
| Total | 487 | $193M | 100% | — |
- Clients
- 461
- Regulatory AUM
- $85.8M
- AUM share
- 44.5%
- Avg. per client
- $186K
- Clients
- 23
- Regulatory AUM
- $105M
- AUM share
- 54.6%
- Avg. per client
- $4.58M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.14M
- AUM share
- 0.6%
- Avg. per client
- $1.14M
- Clients
- Fewer than 5
- Regulatory AUM
- $479K
- AUM share
- 0.2%
- Avg. per client
- $240K
Total
- Clients
- 487
- Regulatory AUM
- $193M
- 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
- 1–10
Fulcrum Equity Management 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
- Employee Benefit Plan Consulting
- Consulting to employee benefit plans is negotiated case by case as a percentage of plan assets, which may range up to 0.75%.
- Financial Planning and Consulting
- Hourly fees are up to $250 and fixed fees generally up to $10,000; both are negotiable, and fixed fees are half payable in advance.
Bellwether Investment Management USA Inc. owns 75% or more of Fulcrum Equity Management. The leadership team of Fulcrum Equity Management includes Chief Compliance Officer Craig Love. It has 4 employees, 3 of them in advisory roles.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 insurance agent
- 2 soliciting firms
- Owns 75% or more of Fulcrum Equity Management, LLC
Bellwether Investment Management USA Inc.
Control person · since December 2024
Lorne Park Capital Partners Inc.
Shareholder · since December 2022
Fulcrum Equity Management’s regulatory assets fell from $338M (March 2021) to $193M (July 2026); clients fell from 1,334 to 487 and employees from 5 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $193M | 487 | 4 | 3 |
| Jul 2025July 2025 | $190M | 524 | 3 | 2 |
| Mar 2024March 2024 | $186M | 559 | 4 | 2 |
| Mar 2023March 2023 | $195M | 695 | 5 | 2 |
| Mar 2022March 2022 | $375M | 1,399 | 5 | 2 |
| Mar 2021March 2021 | $338M | 1,334 | 5 | 2 |
Besides its headquarters, Fulcrum Equity Management has 2 offices (2 private residences, listed without an address), with 1 listed address in 1 state.
Texas · 1 listed address
- 5465 Legacy DR., Suite 650, PlanoHQ
Other business names
Fulcrum Equity Management has reported 1 other business name to the SEC.
- Providence Wealth Management
Contact and registration details
- Legal name
- Fulcrum Equity Management, LLC
- Headquarters
- 5465 Legacy DR., Suite 650, Plano, TX 75024
- Website
- fulcrumwm.com
- Phone
- 888-304-6942
- @fulcrum-equity-management
- SEC file
- 801-79524
- Structure
- Texas LLC
- Fiscal year end
- December
Fulcrum Equity Management’s named custodians for separately managed accounts are Charles Schwab ($154M, 83%) and Fidelity ($31.8M, 17%). Fulcrum Equity Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $154M83%
- FidelityFidelity Brokerage Services LLC · San Francisco, CA · $31.8M17%
At year end, Fulcrum Equity Management’s separately managed accounts were largely in funds (47%) and stocks (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $136M across 144 positions; the largest are iShares TR (9.0%), Tesla Inc. (put option) (7.1%) and iShares Inc. (6.9%).
What the accounts hold
- Stocks33%
- Funds47%
- Bonds11%
- U.S. government and agency bonds7%
- State and local bonds3%
- Investment grade corporate bonds1%
- Cash9%
How many clients does Fulcrum Equity Management have?
Fulcrum Equity Management has 487 clients and manages $193 million for them, as of July 2026. They include 461 individual clients, 23 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 July 2026
What services does Fulcrum Equity Management offer?
Fulcrum Equity Management 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 Fulcrum Equity Management use?
Fulcrum Equity Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $154M and Fidelity Brokerage Services LLC (San Francisco, CA), with $31.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 July 2026
How many financial advisors does Fulcrum Equity Management have?
Fulcrum Equity Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Fulcrum Equity Management invest in?
At the end of its last fiscal year, Fulcrum Equity Management’s separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 9% cash and equivalents, 7% U.S. government and agency bonds, 3% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fulcrum Equity Management?
Fulcrum Equity Management’s direct owner is Bellwether Investment Management USA Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 July 2026
How does Fulcrum Equity Management get paid?
Fulcrum Equity 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 Fulcrum Equity Management?
Fulcrum Equity Management’s main office is at 5465 Legacy DR., Suite 650, Plano, TX 75024. Its phone number is 888-304-6942. Its website is fulcrumwm.com.