PYA Waltman Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
PYA Waltman Capital reports 424 clients. They include 206 individual clients, 192 high-net-worth individuals, and 15 pension and profit-sharing plans. Of its assets, 75.7% ($761M across 1,486 accounts) are managed with discretion; $245M across 42 accounts are not. It advised 3 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 7% |
| High-net-worth individuals | 45% | 61% |
| Pension and profit-sharing plans | 4% | 13% |
| Charitable organizations | 2% | 18% |
| 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) | 206 | $65.7M | 6.5% | $319K |
| High-net-worth individuals | 192 | $616M | 61.2% | $3.21M |
| Pension and profit-sharing plans | 15 | $133M | 13.2% | $8.88M |
| Charitable organizations | 8 | $185M | 18.4% | $23.1M |
| Corporations and other businesses | 3 | $6.46M | 0.6% | $2.15M |
| Total | 424 | $1.01B | 100% | $2.37M |
- Clients
- 206
- Regulatory AUM
- $65.7M
- AUM share
- 6.5%
- Avg. per client
- $319K
- Clients
- 192
- Regulatory AUM
- $616M
- AUM share
- 61.2%
- Avg. per client
- $3.21M
- Clients
- 15
- Regulatory AUM
- $133M
- AUM share
- 13.2%
- Avg. per client
- $8.88M
- Clients
- 8
- Regulatory AUM
- $185M
- AUM share
- 18.4%
- Avg. per client
- $23.1M
- Clients
- 3
- Regulatory AUM
- $6.46M
- AUM share
- 0.6%
- Avg. per client
- $2.15M
Total
- Clients
- 424
- Regulatory AUM
- $1.01B
- AUM share
- 100%
- Avg. per client
- $2.37M
- 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
- 101–250
PYA Waltman Capital charges 0.80%–1.50% a year for its Investment Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.50% |
| $1M–$2.5M | 1.25% |
| $2.5M and above | 0.80% |
Fee details and sources
Other fees
- Stand-alone Financial Planning
- Flat fee up to $30,000, with one-half due at signing, or hourly up to $400 per hour; negotiable. Planning may instead be included in the advisory fee.
Jack Waltman owns 25% to 50% of PYA Waltman Capital. The leadership team of PYA Waltman Capital includes President Jack Waltman and Chief Compliance Officer Jessica Ott. It has 17 employees, 8 of them in advisory roles.
Staff
- 17 employees
- 8 in advisory functions
- 8 state-registered reps
- 1 insurance agent
- Owns 25% to 50% of Pya Waltman Capital, LLC
Jack Waltman
Control person · since October 2005
- Owns 25% to 50% of Pya Waltman Capital, LLC
Douglas Yoakley
Control person · since October 2005
- Owns 10% to 25% of Pya Waltman Capital, LLC
Eric Foster
since January 2007
PYA Waltman Capital’s regulatory assets grew from $879M (March 2021) to $1.01B (March 2026); clients rose from 375 to 424 and employees from 12 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.01B | 424 | 17 | 1 |
| Mar 2025March 2025 | $819M | 441 | 16 | 3 |
| Mar 2024March 2024 | $1.03B | 398 | 14 | 2 |
| Feb 2023February 2023 | $864M | 379 | 14 | 1 |
| Mar 2022March 2022 | $1.02B | 397 | 11 | 1 |
| Mar 2021March 2021 | $879M | 375 | 12 | 1 |
Besides its headquarters, PYA Waltman Capital has 0 offices, with 1 listed address in 1 state.
Tennessee · 1 listed address
- 1402 Ebenezer Road, KnoxvilleHQ
Contact and registration details
- Legal name
- Pya Waltman Capital, LLC
- Headquarters
- 1402 Ebenezer Road, Knoxville, TN 37922
- Website
- pyawaltman.com
- Phone
- 865-693-6301
- @pya-waltman-capital-llc
- SEC file
- 801-64909
- Structure
- Tennessee LLC
- Fiscal year end
- December
PYA Waltman Capital’s named custodian for separately managed accounts is Fidelity ($893M). PYA Waltman Capital does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $893M100%
At year end, PYA Waltman Capital’s separately managed accounts were mostly in funds (67%) and stocks (31%). Its reported 13F holdings for the quarter ended 31 March 2026 total $361M across 67 positions; the largest are Berkshire Hathaway Inc. Del (10.6%), Post Hldgs Inc. (9.0%) and T Rowe Price ETF Inc. (8.2%).
What the accounts hold
- Stocks31%
- Funds67%
- Cash2%
How many clients does PYA Waltman Capital have?
PYA Waltman Capital has 424 clients and manages $1.01 billion for them, as of March 2026. They include 206 individual clients, 192 high-net-worth individuals, and 15 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 March 2026
What services does PYA Waltman Capital offer?
PYA Waltman Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does PYA Waltman Capital charge?
PYA Waltman Capital charges 0.80%–1.50% a year for its Investment Management Fees. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: PYAW_FORM ADV PART 2A 03.02.2026, filed 2 March 2026
Which custodians does PYA Waltman Capital use?
PYA Waltman Capital’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $893M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 March 2026
How many financial advisors does PYA Waltman Capital have?
PYA Waltman Capital has 8 investment adviser representatives registered with state securities authorities, out of 17 employees, and 8 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does PYA Waltman Capital invest in?
At the end of its last fiscal year, PYA Waltman Capital’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 31% 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 PYA Waltman Capital?
PYA Waltman Capital’s direct owners are Jack Waltman, Douglas Yoakley and Eric Foster, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 2 March 2026
How does PYA Waltman Capital get paid?
PYA Waltman Capital is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 PYA Waltman Capital?
PYA Waltman Capital’s main office is at 1402 Ebenezer Road, Knoxville, TN 37922. Its phone number is 865-693-6301. Its website is pyawaltman.com.