JM2 Capital provides portfolio management for individuals and small businesses and selecting other managers.
JM2 Capital reports 70 clients. They include 41 high-net-worth individuals and 29 individual clients. Of its assets, 100.0% ($238M across 211 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 41% | 5% |
| High-net-worth individuals | 59% | 77% |
| Banking or thrift institutions | 0% | 0% |
| Pension and profit-sharing plans | 0% | 0% |
| Charitable organizations | Fewer than 5 | 18% |
| Other client typesState or municipal government entities; Other investment advisers; Insurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | 0% | 0% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 29 | $11.9M | 5.0% | $411K |
| High-net-worth individuals | 41 | $183M | 76.9% | $4.47M |
| Banking or thrift institutions | Fewer than 5 | $0 | 0.0% | — |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $43.2M | 18.1% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $0 | 0.0% | — |
| Total | 70 | $238M | 100% | — |
- Clients
- 29
- Regulatory AUM
- $11.9M
- AUM share
- 5.0%
- Avg. per client
- $411K
- Clients
- 41
- Regulatory AUM
- $183M
- AUM share
- 76.9%
- Avg. per client
- $4.47M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $43.2M
- AUM share
- 18.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 70
- Regulatory AUM
- $238M
- 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
JM2 Capital charges 0.50%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M and above | 0.50% |
Fee details and sources
John and Elizabeth Mathena Trust owns 75% or more of JM2 Capital and is in turn owned by John Mathena (50–75%) and Elizabeth Mathena (50–75%). The leadership team of JM2 Capital includes Chief Compliance Officer Cameron Turner. It has 8 employees, 3 of them in advisory roles.
Leadership
Cameron TurnerChief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of JM2 Capital Inc.
John and Elizabeth Mathena Trust
Control person · since March 2015
- Owns 50% to 75% of John and Elizabeth Mathena Trust
John Mathena
since March 2015
- Owns 50% to 75% of John and Elizabeth Mathena Trust
Elizabeth Mathena
since March 2015
JM2 Capital’s regulatory assets grew 1.9× from $123M (May 2022) to $238M (March 2026); clients rose from 43 to 70 and employees from 6 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $238M | 70 | 8 | 1 |
| March 2025 | $186M | 62 | 8 | 1 |
| February 2024 | $156M | 54 | 7 | 1 |
| March 2023 | $112M | 49 | 7 | 1 |
| May 2022 | $123M | 43 | 6 | 1 |
Besides its headquarters, JM2 Capital has 0 offices, with 1 listed address in Oklahoma.
Oklahoma · 1 listed address
- 16340 Muirfield Place, EdmondHQ
Contact and registration details
- Legal name
- JM2 Capital Inc.
- Headquarters
- 16340 Muirfield Place, Edmond, OK 73013
- Website
- jm2capital.com
- Phone
- 405-285-2878
- @jm2-capital-inc
- SEC file
- 801-124810
- Structure
- Oklahoma corporation
- Fiscal year end
- December
JM2 Capital uses Charles Schwab ($224M) as custodian for its separately managed accounts. JM2 Capital has custody of $65.2M in client assets for 30 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $224M100%
At year end, JM2 Capital’s separately managed accounts were mostly in funds (51%) and stocks (47%). Its reported 13F holdings for the quarter ended 30 June 2026 total $146M across 121 positions; the largest are Nvidia Corporation (6.7%), Apple Inc. (6.3%) and Alphabet Inc. (5.5%).
What the accounts hold
- Stocks47%
- Exchange-traded equities45%
- Non-exchange-traded equities2%
- Funds51%
- Cash2%
Reported 13F holdings
- $146M
- Reported 13F value
- 121
- Positions
- 41.1%
- In the 10 largest
- +20.8%
- Value vs. prior quarter
- Nvidia Corporation6.7%
- Apple Inc.6.3%
- Alphabet Inc. · Cap Stk CL A5.5%
- Micron Technology Inc.4.7%
- Vanguard World FD · Inf Tech ETF4.4%
- Microsoft Corp.3.1%
- Amazon Com Inc.2.8%
- Advanced Micro Devices Inc.2.7%
- State Str SPDR S&P 500 ETF T · TR Unit2.6%
- Meta Platforms Inc. · CL A2.4%
Together, the ten largest are 41.1% of reported value.
How many clients does JM2 Capital have?
JM2 Capital has 70 clients and manages $238 million for them, as of March 2026. They include 41 high-net-worth individuals and 29 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026
What services does JM2 Capital offer?
JM2 Capital provides portfolio management for individuals and small businesses and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does JM2 Capital charge?
JM2 Capital charges 0.50%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and requires an account of at least $500,000.
Source: ADV PART 2A, filed 3 March 2026
Which custodians does JM2 Capital use?
JM2 Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $224M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026
How many financial advisors does JM2 Capital have?
JM2 Capital has 3 investment adviser representatives registered with state securities authorities, out of 8 employees, and 3 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 JM2 Capital invest in?
At the end of its last fiscal year, JM2 Capital’s separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 45% exchange-traded equities, 2% non-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
Does JM2 Capital have a minimum investment?
Yes, JM2 Capital’s minimum account size for its Asset Management is $500K.
Source: ADV PART 2A, filed 3 March 2026
Who owns JM2 Capital?
JM2 Capital is owned through a trust by John and Elizabeth Mathena. Its direct owner is John and Elizabeth Mathena Trust (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 March 2026
How does JM2 Capital get paid?
JM2 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 JM2 Capital?
JM2 Capital’s main office is at 16340 Muirfield Place, Edmond, OK 73013. Its phone number is 405-285-2878. Its website is jm2capital.com.