Howard Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Howard Capital Management reports 10,608 clients. They include 9,734 individual clients, 812 high-net-worth individuals, and 24 corporations and other businesses. Of its assets, 100.0% ($8.01B across 14,608 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 92% | 31% |
| High-net-worth individuals | 8% | 24% |
| Investment companies | <1% | 13% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Other client typesOther investment advisers; Corporations and other businesses | <1% | 32% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 9,734 | $2.45B | 30.7% | $252K |
| High-net-worth individuals | 812 | $1.9B | 23.8% | $2.34M |
| Investment companies | 7 | $1.04B | 13.0% | $149M |
| Pension and profit-sharing plans | 6 | $4.5M | 0.1% | $750K |
| Charitable organizations | 7 | $19.1M | 0.2% | $2.73M |
| Other investment advisers | 18 | $2.55B | 31.8% | $142M |
| Corporations and other businesses | 24 | $32.8M | 0.4% | $1.37M |
| Total | 10,608 | $8.01B | 100% | $755K |
- Clients
- 9,734
- Regulatory AUM
- $2.45B
- AUM share
- 30.7%
- Avg. per client
- $252K
- Clients
- 812
- Regulatory AUM
- $1.9B
- AUM share
- 23.8%
- Avg. per client
- $2.34M
- Clients
- 7
- Regulatory AUM
- $1.04B
- AUM share
- 13.0%
- Avg. per client
- $149M
- Clients
- 6
- Regulatory AUM
- $4.5M
- AUM share
- 0.1%
- Avg. per client
- $750K
- Clients
- 7
- Regulatory AUM
- $19.1M
- AUM share
- 0.2%
- Avg. per client
- $2.73M
- Clients
- 18
- Regulatory AUM
- $2.55B
- AUM share
- 31.8%
- Avg. per client
- $142M
- Clients
- 24
- Regulatory AUM
- $32.8M
- AUM share
- 0.4%
- Avg. per client
- $1.37M
Total
- Clients
- 10,608
- Regulatory AUM
- $8.01B
- AUM share
- 100%
- Avg. per client
- $755K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Howard Capital Management is paid through a percentage of assets under management and 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
- 401(k) Optimizer
- Individual clients pay an annual subscription fee of $108, payable monthly in advance.
- TSP Optimizer
- Individual clients pay an annual subscription fee of $108, payable monthly in advance; discounts may apply for paying the full year upfront.
HCM Holding Co., Inc. owns 75% or more of Howard Capital Management and is in turn owned by Ronald Howard (75% or more). The leadership team of Howard Capital Management includes President Christopher Ferguson, Chief Operating Officer Karen Howard and Chief Compliance Officer Dory Black. It has 45 employees, 10 of them in advisory roles.
Leadership
- Christopher FergusonPresident
Karen HowardChief Operating Officer- Dory BlackChief Compliance Officer; General Counsel
Investment adviser representatives
24 representatives listed in the SEC register as of 9 October 2026.
- Daniel Arnstein
- Brian C Boles
- Christopher Michael Cannata
- Matthew Thomas Daley
- Hayden Torsten Gerwien
- Daniel Christopher Hornbaker
- Margaret Thamer Mayer
- Brandon Melick
- Steven P Meyer
- Eric Robert Nyquist
- Caden Matthew Palmer
- Carlos Polanco-Rojas
- Byron Lee Preuss
- Michael John Rowe
- Kourtney Scott
- Kramer K Shiflett
- Nathan Simpson
- William Granville Stark Jr
- Coleton Edward Staton
- Zachary Alan Stout
- Graham Lloyd Thomas
- Bailey Wakefield
- Sandler Edward Weinberg
Staff
- 45 employees
- 10 in advisory functions
- 23 state-registered reps
- 5 broker-dealer reps
- 134 soliciting firms
- Owns 75% or more of Howard Capital Management, LLC
HCM Holding Co., Inc.
Control person · since August 2025
- Owns 75% or more of HCM Holding Co., Inc.
Ronald Howard
Control person · since August 2025
Howard Capital Management’s regulatory assets grew 3.1× from $2.55B (March 2021) to $8.01B (June 2026); clients rose from 6,609 to 10,608 and employees from 39 to 45.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $8.01B | 10,608 | 45 | 5 |
| June 2025 | $6.87B | 10,402 | 43 | 2 |
| March 2024 | $5.23B | 10,155 | 42 | 3 |
| March 2023 | $4.53B | 9,952 | 41 | 3 |
| April 2022 | $5.51B | 8,749 | 39 | 3 |
| March 2021 | $2.55B | 6,609 | 39 | 2 |
Besides its headquarters, Howard Capital Management has 4 offices (2 private residences, listed without an address), with 3 listed addresses in Georgia, New York and Texas.
Georgia · 1 listed address
- 415 South Broad Street, AlpharettaHQ
New York · 1 listed address
- 2 Avery Court, Nesconset
Texas · 1 listed address
- 1120 B Sam Houston Avenue, Huntsville
Contact and registration details
- Legal name
- Howard Capital Management, LLC
- Headquarters
- 415 South Broad Street, Alpharetta, GA 30009
- Website
- howardcmfunds.com
- Phone
- 770-642-4902
- @howard-capital-management
- SEC file
- 801-69763
- Structure
- Delaware LLC
- Fiscal year end
- December
Howard Capital Management uses Axos Clearing ($1.32B, 54%) and Fidelity ($1.13B, 46%) as custodians for its separately managed accounts. Howard Capital Management does not have custody of client assets.
- Axos ClearingAxos Clearing LLC · Omaha, NE · $1.32B54%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.13B46%
At year end, Howard Capital Management’s separately managed accounts were mostly in stocks (98%). Its reported 13F holdings for the quarter ended 30 June 2026 total $8.4B across 423 positions; the largest are Proshares TR (10.7%), Proshares TR (9.8%) and Invesco Qqq TR (6.9%).
What the accounts hold
- Stocks98%
- Cash2%
Reported 13F holdings
- $8.4B
- Reported 13F value
- 423
- Positions
- 53.9%
- In the 10 largest
- +37.4%
- Value vs. prior quarter
- Proshares TR · Pshs Ultra Qqq10.7%
- Proshares TR · Pshs Ult S&P 5009.8%
- Invesco Qqq TR · Unit Ser 16.9%
- Proshares TR · Ultrapro Qqq5.0%
- Direxion Shares ETF Trust · DA 500 BU 3x ETF4.6%
- Northern Lts FD TR Iii · Hcm Defnd 1004.4%
- Direxion Shares ETF Trust · Direxion Hcm3.6%
- Vanguard Specialized Funds · Div App ETF3.4%
- Northern Lts FD TR Iii · Hcm Defen 5003.0%
- SPDR Series Trust · ST Str Conv ETF2.6%
Together, the ten largest are 53.9% of reported value.
How many clients does Howard Capital Management have?
Howard Capital Management has 10,608 clients and manages $8.01 billion for them, as of June 2026. They include 9,734 individual clients, 812 high-net-worth individuals, and 24 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 June 2026
What services does Howard Capital Management offer?
Howard Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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 Howard Capital Management use?
Howard Capital Management’s separately managed account assets are held at Axos Clearing LLC (Omaha, NE), with $1.32B and Fidelity Brokerage Services LLC (Smithfield, RI), with $1.13B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 June 2026
How many financial advisors does Howard Capital Management have?
Howard Capital Management has 23 investment adviser representatives registered with state securities authorities, out of 45 employees, and 10 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 0 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 Howard Capital Management invest in?
At the end of its last fiscal year, Howard Capital Management’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Howard Capital Management?
Howard Capital Management is owned through a holding company by Ronald Howard. Its direct owner is HCM Holding Co., Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 June 2026
How does Howard Capital Management get paid?
Howard Capital Management is paid through a percentage of assets under management and subscription 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
Is Howard Capital Management registered with the SEC?
Yes, Howard Capital Management has been registered with the SEC as an investment adviser since 15 December 2008. Its CRD number is 118070 and its SEC file number is 801-69763.
Source: Form ADV Part 1A, Item 1, filed 12 June 2026; IAPD firm record
How do I contact Howard Capital Management?
Howard Capital Management’s main office is at 415 South Broad Street, Alpharetta, GA 30009. Its phone number is 770-642-4902. Its website is howardcmfunds.com.