Inscription Capital provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, divorce planning, education planning, estate planning, family office services, insurance, and philanthropic planning. Financial planning was provided to 51–100 clients last fiscal year.
Inscription Capital reports 456 clients. They include 273 individual clients, 141 high-net-worth individuals, and 42 corporations and other businesses. Of its assets, 94.9% ($1.94B across 1,445 accounts) are managed with discretion; $104M across 59 accounts are not. Of its clients, 5% are outside the U.S. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 13% |
| High-net-worth individuals | 31% | 78% |
| Corporations and other businesses | 9% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 273 | $273M | 13.4% | $1M |
| High-net-worth individuals | 141 | $1.59B | 77.8% | $11.3M |
| Corporations and other businesses | 42 | $181M | 8.8% | $4.3M |
| Total | 456 | $2.05B | 100% | $4.49M |
- Clients
- 273
- Regulatory AUM
- $273M
- AUM share
- 13.4%
- Avg. per client
- $1M
- Clients
- 141
- Regulatory AUM
- $1.59B
- AUM share
- 77.8%
- Avg. per client
- $11.3M
- Clients
- 42
- Regulatory AUM
- $181M
- AUM share
- 8.8%
- Avg. per client
- $4.3M
Total
- Clients
- 456
- Regulatory AUM
- $2.05B
- AUM share
- 100%
- Avg. per client
- $4.49M
- Clients outside the U.S.
- 5%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Inscription Capital charges 0.25%–1.25% a year for its Fee Schedule for Advisory Services. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Family Office Services
- A fixed annual fee of up to $600,000, which can be negotiated depending on the nature and complexity of the client's circumstances.
- Financial Planning and Consulting
- Hourly rates generally range from $250 to $500 per hour, or a flat fee agreed in writing; planning may be included in the advisory fee.
- Retirement Plan Advisory Services
- An annual asset-based fee of up to 1.25%, billed in arrears and negotiable depending on the size and complexity of the plan.
Inscription Capital Holdings, LLC owns 75% or more of Inscription Capital and is in turn owned by Brian Bova (25–50%) and Marc Oster (25–50%). The leadership team of Inscription Capital includes Chief Compliance Officer Sheryl Kotzen. It has 20 employees, 14 of them in advisory roles.
Leadership
- Sheryl KotzenChief Compliance Officer
- Brian BovaCEO/Principal
- David Eustis Jr.Principal
- Marc OsterPrincipal
Investment adviser representatives
12 representatives listed in the SEC register as of 9 October 2026.
- Brian James Bova
- Allison Lynn Brand
- Julio Armando Cacho-Diaz
- Robert Earl Clements III
- Coleman Bryant Conkling
- David L Eustis JR.
- Marc Forn Canabate
- Juan Carlos Herrera
- Richard E Kaplan
- William Derrick Lovering Mr.
- Jillian Claire Nel
- Marc Paul Oster
Staff
- 20 employees
- 14 in advisory functions
- 14 state-registered reps
- 2 broker-dealer reps
- 4 insurance agents
- Owns 75% or more of Inscription Capital, LLC
Inscription Capital Holdings, LLC
Control person · since December 2017
- Owns 25% to 50% of Inscription Capital Holdings, LLC
Brian Bova
Control person · since April 2018
- Owns 25% to 50% of Inscription Capital Holdings, LLC
Marc Oster
Control person · since April 2018
- Owns 10% to 25% of Inscription Capital, LLC
Merchant Wealth Management Holdings, LLC
since April 2018
Inscription Capital’s regulatory assets grew 1.7× from $1.23B (March 2021) to $2.05B (March 2026); clients rose from 197 to 456 and employees from 15 to 20.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.05B | 456 | 20 | 1 |
| March 2025 | $1.56B | 440 | 23 | 1 |
| July 2024 | $1.28B | 371 | 23 | 1 |
| July 2023 | $1.3B | 292 | 15 | 2 |
| June 2022 | $1.51B | 243 | 15 | 2 |
| March 2021 | $1.23B | 197 | 15 | 2 |
Besides its headquarters, Inscription Capital has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 2925 Richmond Avenue, Suite 425, HoustonHQ
Contact and registration details
- Legal name
- Inscription Capital, LLC
- Headquarters
- 2925 Richmond Avenue, Suite 425, Houston, TX 77098
- Website
- inscriptioncapital.com
- Phone
- 713-673-8999
- SEC file
- 801-112532
- Structure
- Delaware LLC
- Fiscal year end
- December
Inscription Capital uses Fidelity ($1.26B, 65%), Charles Schwab ($397M, 20%) and Folio Investments ($285M, 15%) as custodians for its separately managed accounts. Inscription Capital has custody of $337M in client assets for 200 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.26B65%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $397M20%
- Folio InvestmentsFolio Investments, Inc. · McLean, VA · $285M15%
At year end, Inscription Capital’s separately managed accounts were largely in funds (45%) and stocks (36%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.13B across 791 positions; the largest are Vanguard Intl Equity Index F (6.5%), State Str SPDR S&P 500 ETF T (4.4%) and Apple Inc. (3.7%).
What the accounts hold
- Stocks36%
- Funds45%
- Pooled vehicles23%
- Registered funds22%
- Bonds6%
- U.S. government and agency bonds2%
- Investment grade corporate bonds2%
- State and local bonds1%
- High-yield corporate bonds1%
- Cash12%
- Other1%
- Hybrid debt security, preferred stock, exchange traded note1%
Reported 13F holdings
- $1.13B
- Reported 13F value
- 791
- Positions
- 27.8%
- In the 10 largest
- +18.6%
- Value vs. prior quarter
- Vanguard Intl Equity Index F · TT Wrld ST ETF6.5%
- State Str SPDR S&P 500 ETF T · TR Unit4.4%
- Apple Inc.3.7%
- Nvidia Corporation3.0%
- SPDR Series Trust · ST Str Blo 1 ETF2.0%
- Alphabet Inc. · Cap Stk CL C1.9%
- Goldman Sachs ETF TR · Activebeta US LG1.9%
- Microsoft Corp.1.5%
- Amazon Com Inc.1.5%
- Alphabet Inc. · Cap Stk CL A1.4%
Together, the ten largest are 27.8% of reported value.
How many clients does Inscription Capital have?
Inscription Capital has 456 clients and manages $2.05 billion for them, as of March 2026. They include 273 individual clients, 141 high-net-worth individuals, and 42 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Inscription Capital offer?
Inscription Capital provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, divorce planning, education planning, estate planning, family office services, insurance, and philanthropic 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 Inscription Capital charge?
Inscription Capital charges 0.25%–1.25% a year for its Fee Schedule for Advisory Services. The fee is billed in advance or in arrears and is negotiable.
Source: INSCRIPTION CAPITAL,LLC - ADV PART 2A BROCHURE, filed 31 March 2026
Which custodians does Inscription Capital use?
Inscription Capital’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $1.26B, Charles Schwab & Co., Inc. (San Francisco, CA), with $397M and Folio Investments, Inc. (McLean, VA), with $285M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Inscription Capital have?
Inscription Capital has 14 investment adviser representatives registered with state securities authorities, out of 20 employees, and 14 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 4 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 Inscription Capital invest in?
At the end of its last fiscal year, Inscription Capital’s separately managed accounts held 36% exchange-traded equities, 23% pooled vehicles (private funds and similar), 22% registered funds (mutual funds, ETFs, BDCs), 12% cash and equivalents, 2% U.S. government and agency bonds, 2% investment grade corporate bonds, 1% state and local bonds, 1% high-yield corporate bonds and 1% other. The 1% other category is described as: Hybrid Debt Security, Preferred Stock, Exchange Traded Note.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Inscription Capital?
Inscription Capital is owned through a holding company by Brian Bova and Marc Oster. Its direct owners are Inscription Capital Holdings, LLC (75% or more) and Merchant Wealth Management Holdings, LLC (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Inscription Capital get paid?
Inscription Capital 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
Is Inscription Capital registered with the SEC?
Yes, Inscription Capital has been registered with the SEC as an investment adviser since 1 March 2018. Its CRD number is 291780 and its SEC file number is 801-112532.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Inscription Capital?
Inscription Capital’s main office is at 2925 Richmond Avenue, Suite 425, Houston, TX 77098. Its phone number is 713-673-8999. Its website is inscriptioncapital.com.