Requisite Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. The firm advises 2 private funds.
Requisite Capital Management reports 231 clients. They include 191 high-net-worth individuals, 27 individual clients and 11 charitable organizations. Of its assets, 48.0% ($1.16B across 828 accounts) are managed with discretion; $1.26B across 106 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 12% | <1% |
| High-net-worth individuals | 83% | 75% |
| Pooled investment vehicles | <1% | 6% |
| Charitable organizations | 5% | 10% |
| Insurance companies | Fewer than 5 | 2% |
| Other client typesCorporations and other businesses | Not reported | 8% |
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) | 27 | $9.81M | 0.4% | $363K |
| High-net-worth individuals | 191 | $1.81B | 74.7% | $9.49M |
| Pooled investment vehicles | 2 | $135M | 5.6% | $67.5M |
| Charitable organizations | 11 | $234M | 9.6% | $21.2M |
| Insurance companies | Fewer than 5 | $44.1M | 1.8% | — |
| Corporations and other businesses | Fewer than 5 | $191M | 7.9% | — |
| Total | 231 | $2.43B | 100% | — |
- Clients
- 27
- Regulatory AUM
- $9.81M
- AUM share
- 0.4%
- Avg. per client
- $363K
- Clients
- 191
- Regulatory AUM
- $1.81B
- AUM share
- 74.7%
- Avg. per client
- $9.49M
- Clients
- 2
- Regulatory AUM
- $135M
- AUM share
- 5.6%
- Avg. per client
- $67.5M
- Clients
- 11
- Regulatory AUM
- $234M
- AUM share
- 9.6%
- Avg. per client
- $21.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $44.1M
- AUM share
- 1.8%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $191M
- AUM share
- 7.9%
- Avg. per client
- —
Total
- Clients
- 231
- Regulatory AUM
- $2.43B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
- Financial planning clients last fiscal year
- 0
Requisite Capital Management charges 0.35%–1.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- A fixed fee ranging from $2,500 to $25,000, negotiable based on the nature and complexity of the services.
- Retitling Services
- $200 for each instance of retitling, due on completion of the service.
CWC Ranger Investor LLC owns 25% to 50% of Requisite Capital Management and is in turn owned by CWC Fund, LP (75% or more). The leadership team of Requisite Capital Management includes Chief Compliance Officer Thomas Yates. It has 11 employees, 7 of them in advisory roles.
Leadership
- Thomas YatesChief Compliance Officer
- Douglas JohnManaging Partner
- Bryn TalkingtonManaging Partner
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- Brannon Jackson Albritton
- Ryan Chase Dilworth
- Samuel Max Ellis
- Douglas Geoffrey John JR
- Rachel Niemuth
- Bryn Basiardanes Talkington
Staff
- 11 employees
- 7 in advisory functions
- 7 state-registered reps
- 1 insurance agent
- Owns 25% to 50% of Requisite Capital Management LLC
CWC Ranger Investor LLC
Control person · since May 2024
- Owns 75% or more of CWC Ranger Investor LLC
CWC Fund, LP
Control person · since May 2024
CWC Fund GP, LLC
General partner · Control person · since May 2024
- Owns 25% to 50% of Requisite Capital Management LLC
Thackery Capital, LLC
Control person · since September 2024
- Owns 75% or more of Thackery Capital, LLC
Catalina Capital, LP
Control person · since September 2024
Douglas John
General partner · Control person · since September 2024
- Owns 25% to 50% of Thackery Capital, LLC
John 2024 Irrevocable Trust F/B/O Doug John
Control person · since September 2024
- Owns 10% to 25% of Requisite Capital Management LLC
Bryn Talkington
Control person · since June 2018
Requisite Capital Management’s regulatory assets grew 2.4× from $1.01B (July 2021) to $2.43B (March 2026); clients rose from 91 to 231 and employees from 7 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.43B | 231 | 11 | 1 |
| June 2025 | $1.99B | 209 | 10 | 1 |
| July 2024 | $1.66B | 189 | 8 | 1 |
| March 2023 | $1.36B | 93 | 7 | 1 |
| April 2022 | $1.05B | 83 | 7 | 1 |
| July 2021 | $1.01B | 91 | 7 | 1 |
Besides its headquarters, Requisite Capital Management has 0 offices, with 1 listed address in Texas.
Texas · 1 listed address
- 4001 Maple Avenue, Suite 290, DallasHQ
Contact and registration details
- Legal name
- Requisite Capital Management LLC
- Headquarters
- 4001 Maple Avenue, Suite 290, Dallas, TX 75219
- Website
- requisitecm.com
- Phone
- 469-373-3399
- @requisite-capital-management
- SEC file
- 801-110215
- Structure
- Delaware LLC
- Fiscal year end
- December
Requisite Capital Management uses Fidelity ($1.09B) as custodian for its separately managed accounts. Requisite Capital Management has custody of $620M in client assets for 99 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $1.09B100%
At year end, Requisite Capital Management’s separately managed accounts were mostly in funds (56%) and stocks (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $605M across 127 positions; the largest are Goldman Sachs ETF TR (21.1%), iShares TR (19.9%) and Goldman Sachs ETF TR (15.5%).
What the accounts hold
- Stocks29%
- Funds56%
- Pooled vehicles55%
- Registered funds1%
- Bonds1%
- Cash14%
Reported 13F holdings
- $605M
- Reported 13F value
- 127
- Positions
- 82.1%
- In the 10 largest
- +12.7%
- Value vs. prior quarter
- Goldman Sachs ETF TR · S&P 500 Premium21.1%
- iShares TR · Core S&P500 ETF19.9%
- Goldman Sachs ETF TR · Nasda 100 ETF15.5%
- Invesco Exchange Traded FD T · S&P500 Eql Wgt6.9%
- J P Morgan Exchange Traded F · Ultra Shrt ETF5.1%
- J P Morgan Exchange Traded F · Equity Premium4.8%
- Blue Owl Technology Fin Corp.3.3%
- Range Res Corp.2.2%
- Northern Oil & Gas Inc.1.7%
- Energy Transfer L P · Com UT Ltd Ptn1.6%
Together, the ten largest are 82.1% of reported value.
How many clients does Requisite Capital Management have?
Requisite Capital Management has 231 clients and manages $2.43 billion for them, as of March 2026. They include 191 high-net-worth individuals, 27 individual clients and 11 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Requisite Capital Management offer?
Requisite Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Requisite Capital Management charge?
Requisite Capital Management charges 0.35%–1.00% a year for its Wealth Management Services. The fee is billed in advance and is negotiable.
Source: REQUISITE DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENT, filed 19 October 2026
Which custodians does Requisite Capital Management use?
Requisite Capital Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $1.09B. 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 Requisite Capital Management have?
Requisite Capital Management has 7 investment adviser representatives registered with state securities authorities, out of 11 employees, and 7 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 Requisite Capital Management invest in?
At the end of its last fiscal year, Requisite Capital Management’s separately managed accounts held 55% pooled vehicles (private funds and similar), 29% exchange-traded equities, 14% cash and equivalents, 1% U.S. government and agency bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Requisite Capital Management?
Requisite Capital Management is owned through holding companies by John 2024 Irrevocable Trust F/B/O Doug John. Its direct owners are Bryn Talkington, CWC Ranger Investor LLC and Thackery Capital, LLC, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Requisite Capital Management get paid?
Requisite Capital Management is paid through a percentage of assets under management, 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
Is Requisite Capital Management registered with the SEC?
Yes, Requisite Capital Management has been registered with the SEC as an investment adviser since 2 June 2017. Its CRD number is 283107 and its SEC file number is 801-110215.
Source: Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record
How do I contact Requisite Capital Management?
Requisite Capital Management’s main office is at 4001 Maple Avenue, Suite 290, Dallas, TX 75219. Its phone number is 469-373-3399. Its website is requisitecm.com.