Fusion Capital provides portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, and tax planning.
Fusion Capital reports 700 clients. They include 582 individual clients and 118 high-net-worth individuals. Of its assets, 100.0% ($492M across 1,804 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 37% |
| High-net-worth individuals | 17% | 63% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 582 | $182M | 36.9% | $312K |
| High-net-worth individuals | 118 | $311M | 63.1% | $2.63M |
| Total | 700 | $492M | 100% | $703K |
- Clients
- 582
- Regulatory AUM
- $182M
- AUM share
- 36.9%
- Avg. per client
- $312K
- Clients
- 118
- Regulatory AUM
- $311M
- AUM share
- 63.1%
- Avg. per client
- $2.63M
Total
- Clients
- 700
- Regulatory AUM
- $492M
- AUM share
- 100%
- Avg. per client
- $703K
- 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
Fusion Capital charges 1.50%–1.90% for its Asset Management. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Fee details and sources
Jason Mengel owns 50% to 75% of Fusion Capital. The leadership team of Fusion Capital includes Chief Compliance Officer Gery Sadzewicz. It has 6 employees, 4 of them in advisory roles.
Leadership
- Gery SadzewiczChief Compliance Officer
- Jason MengelManaging Member
- Daniel WebsterManaging Member
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 4 in advisory functions
- 4 state-registered reps
- 3 insurance agents
- 1 soliciting firm
- Owns 50% to 75% of Fusion Capital, LLC
Jason Mengel
Control person · since July 2010
- Owns 50% to 75% of Fusion Capital, LLC
Daniel Webster
Control person · since October 2010
Fusion Capital’s regulatory assets grew 2.2× from $226M (April 2021) to $492M (September 2026); clients were 700 in both filings and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $492M | 700 | 6 | 4 |
| March 2025 | $405M | 674 | 6 | 3 |
| March 2024 | $360M | 730 | 6 | 3 |
| March 2023 | $274M | 677 | 7 | 3 |
| February 2022 | $282M | 645 | 7 | 3 |
| April 2021 | $226M | 733 | 6 | 3 |
Besides its headquarters, Fusion Capital has 3 offices (1 private residence, listed without an address), with 3 listed addresses in South Carolina.
South Carolina · 3 listed addresses
- 1459 Stuart Engals BLVD, Suite 301, MT. PleasantHQ
- 122 Highway 17 South, North Myrtle Beach
- 821 Richland Avenue W., Aiken
Contact and registration details
- Legal name
- Fusion Capital, LLC
- Headquarters
- 1459 Stuart Engals BLVD, Suite 301, MT. Pleasant, SC 29464
- Website
- fusioncapital.net
- Phone
- 843-972-0065
- SEC file
- 801-110473
- Founded
- 2010
- Structure
- South Carolina LLC
- Fiscal year end
- December
Fusion Capital uses Charles Schwab ($489M) as custodian for its separately managed accounts. Fusion Capital has custody of $492M in client assets for 700 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $489M100%
At year end, Fusion Capital’s separately managed accounts were largely in stocks (42%) and funds (40%). Its reported 13F holdings for the quarter ended 30 June 2026 total $430M across 112 positions; the largest are Vaneck ETF Trust (9.1%), Lam Research Corp. (8.0%) and Apple Inc. (5.4%).
What the accounts hold
- Stocks42%
- Funds40%
- Bonds2%
- Cash10%
- Other5%
- Convertible bonds5%
Filed values cover 99%. The neutral 1% gap has no reported category.
Reported 13F holdings
- $430M
- Reported 13F value
- 112
- Positions
- 52.6%
- In the 10 largest
- +16.1%
- Value vs. prior quarter
- Vaneck ETF Trust · IG Floa Rate ETF9.1%
- Lam Research Corp.8.0%
- Apple Inc.5.4%
- Vanguard Specialized Funds · Div App ETF5.4%
- Caterpillar Inc.5.1%
- Janus Detroit Str TR · Hendrson Aaa CL4.7%
- Vanguard Scottsdale Fds · Vng Rus2000idx4.0%
- iShares TR · Core S&P500 ETF3.9%
- Vanguard Index Fds · Growth ETF3.7%
- Cisco Sys Inc.3.2%
Together, the ten largest are 52.6% of reported value.
How many clients does Fusion Capital have?
Fusion Capital has 700 clients and manages $492 million for them, as of September 2026. They include 582 individual clients and 118 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 September 2026
What services does Fusion Capital offer?
Fusion Capital provides portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Fusion Capital charge?
Fusion Capital charges 1.50%–1.90% for its Asset Management. The brochure does not state whether the rate is annual. The fee is billed in advance and is negotiable.
Which custodians does Fusion Capital use?
Fusion Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $489M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 September 2026
How many financial advisors does Fusion Capital have?
Fusion Capital has 4 investment adviser representatives registered with state securities authorities, out of 6 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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 Fusion Capital invest in?
At the end of its last fiscal year, Fusion Capital’s separately managed accounts held 42% exchange-traded equities, 40% registered funds (mutual funds, ETFs, BDCs), 10% cash and equivalents, 5% other and 2% investment grade corporate bonds. The 5% other category is described as: Convertible Bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fusion Capital?
Fusion Capital’s direct owners are Jason Mengel (50% to 75%) and Daniel Webster (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 15 September 2026
How does Fusion Capital get paid?
Fusion Capital 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
How do I contact Fusion Capital?
Fusion Capital’s main office is at 1459 Stuart Engals BLVD, Suite 301, MT. Pleasant, SC 29464. Its phone number is 843-972-0065. Its website is fusioncapital.net.