Malvern Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Malvern Capital Management reports 133 clients. They include 64 individual clients, 62 high-net-worth individuals, and 3 pension and profit-sharing plans. Of its assets, 100.0% ($258M across 356 accounts) are managed with discretion. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 48% | 10% |
| High-net-worth individuals | 47% | 74% |
| Pension and profit-sharing plans | 2% | 12% |
| Charitable organizations | 2% | 3% |
| 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) | 64 | $24.8M | 9.6% | $388K |
| High-net-worth individuals | 62 | $192M | 74.3% | $3.09M |
| Pension and profit-sharing plans | Fewer than 5 | $29.7M | 11.5% | $9.91M |
| Charitable organizations | Fewer than 5 | $8.89M | 3.4% | $2.96M |
| Corporations and other businesses | 1 | $2.95M | 1.1% | $2.95M |
| Total | 133 | $258M | 100% | — |
- Clients
- 64
- Regulatory AUM
- $24.8M
- AUM share
- 9.6%
- Avg. per client
- $388K
- Clients
- 62
- Regulatory AUM
- $192M
- AUM share
- 74.3%
- Avg. per client
- $3.09M
- Clients
- Fewer than 5
- Regulatory AUM
- $29.7M
- AUM share
- 11.5%
- Avg. per client
- $9.91M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.89M
- AUM share
- 3.4%
- Avg. per client
- $2.96M
- Clients
- 1
- Regulatory AUM
- $2.95M
- AUM share
- 1.1%
- Avg. per client
- $2.95M
Total
- Clients
- 133
- Regulatory AUM
- $258M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 3
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Malvern Capital Management charges 0.25%–1.25% a year for its Investment Management. The fee is billed in advance or in arrears, is negotiable, has a $5,000 annual minimum and requires an account of at least $500,000. The brochure also prices 4 other services, listed under fee details.
Fee details and sources
Other fees
- Comprehensive Financial Planning
- The rate for comprehensive financial planning services is $2,500, with a $1,200 deposit paid in advance.
- Financial Consulting
- Financial consulting is billed at an hourly rate of $500 or a single fixed fee that typically ranges from $1,000 to $100,000.
- Retirement Plans, Non-Participant-Directed
- Investment management for ERISA non-participant-directed plans is 0.95% to 0.40% of plan assets by tier, subject to a $10,000 annual minimum.
- Retirement Plans, Participant-Directed
- Investment management for ERISA participant-directed plans is 0.80% to 0.20% of plan assets by tier, subject to a $5,000 annual minimum.
Michael Czajka owns 50% to 75% of Malvern Capital Management. Michael Czajka is CEO; the leadership team includes President James Olsen. It has 5 employees, 4 of them in advisory roles.
Leadership
- Michael CzajkaChief Executive Officer, Chief Compliance Officer & Managing Member
- James OlsenMember, President & Chief Investment Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Michael Paul Czajka
- John William Eisele
- Louis Joseph Iovannone JR
- James Lawrence Olsen
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Malvern Capital Management, LLC
Michael Czajka
Control person · since March 2019
- Owns 50% to 75% of Malvern Capital Management, LLC
James Olsen
Control person · since April 2018
Malvern Capital Management’s regulatory assets grew from $225M (February 2025) to $258M (February 2026); clients were 133 in both filings and employees were 5 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $258M | 133 | 5 | 1 |
| February 2025 | $225M | 130 | 5 | 1 |
Besides its headquarters, Malvern Capital Management has 0 offices, with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 5 Great Valley Parkway, Suite 226, MalvernHQ
Contact and registration details
- Legal name
- Malvern Capital Management, LLC
- Headquarters
- 5 Great Valley Parkway, Suite 226, Malvern, PA 19355
- Website
- malverncap.com
- Phone
- 610-979-1462
- @malvern-capital-management
- SEC file
- 801-131034
- Founded
- 2018
- Structure
- Delaware LLC
- Fiscal year end
- December
Malvern Capital Management uses Fidelity ($224M, 88%) and Hand Benefit & Trust ($29.7M, 12%) as custodians for its separately managed accounts. Malvern Capital Management has custody of $18.6M in client assets for 23 clients.
- FidelityNational Financial Services LLC · Boston, MA · $224M88%
- Hand Benefit & TrustHand Benefit & Trust Company · Huntingdon Valley, PA · $29.7M12%
At year end, Malvern Capital Management’s separately managed accounts were largely in stocks (46%) and funds (44%).
What the accounts hold
- Stocks46%
- Exchange-traded equities45%
- Non-exchange-traded equities1%
- Funds44%
- Registered funds42%
- Pooled vehicles2%
- Bonds6%
- State and local bonds3%
- U.S. government and agency bonds1%
- Sovereign bonds1%
- Investment grade corporate bonds1%
- Cash4%
How many clients does Malvern Capital Management have?
Malvern Capital Management has 133 clients and manages $258 million for them, as of February 2026. They include 64 individual clients, 62 high-net-worth individuals, and 3 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 February 2026
What services does Malvern Capital Management offer?
Malvern Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, 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 Malvern Capital Management charge?
Malvern Capital Management charges 0.25%–1.25% a year for its Investment Management. The fee is billed in advance or in arrears, is negotiable, has a $5,000 annual minimum and requires an account of at least $500,000.
Which custodians does Malvern Capital Management use?
Malvern Capital Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $224M and Hand Benefit & Trust Company (Huntingdon Valley, PA), with $29.7M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 February 2026
How many financial advisors does Malvern Capital Management have?
Malvern Capital Management has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 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 Malvern Capital Management invest in?
At the end of its last fiscal year, Malvern Capital Management’s separately managed accounts held 45% exchange-traded equities, 42% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 3% state and local bonds, 2% pooled vehicles (private funds and similar), 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% sovereign 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
Does Malvern Capital Management have a minimum investment?
Yes, Malvern Capital Management’s minimum account size for its Investment Management is $500K. It charges a $5K annual minimum fee.
Who owns Malvern Capital Management?
Malvern Capital Management’s direct owners are Michael Czajka (50% to 75%) and James Olsen (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 19 February 2026
How does Malvern Capital Management get paid?
Malvern Capital 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 Malvern Capital Management?
Malvern Capital Management’s main office is at 5 Great Valley Parkway, Suite 226, Malvern, PA 19355. Its phone number is 610-979-1462. Its website is malverncap.com.