Scratch Capital 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 101–250 clients last fiscal year.
Scratch Capital reports 162 clients. They include 86 individual clients, 64 high-net-worth individuals, and 11 corporations and other businesses. Of its assets, 100.0% ($230M across 564 accounts) are managed with discretion. It advised 162 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 9% |
| High-net-worth individuals | 40% | 81% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | 7% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 86 | $21.7M | 9.4% | $253K |
| High-net-worth individuals | 64 | $187M | 81.5% | $2.93M |
| Pension and profit-sharing plans | 1 | $74.7K | 0.0% | $74.7K |
| Corporations and other businesses | 11 | $20.8M | 9.0% | $1.89M |
| Total | 162 | $230M | 100% | $1.42M |
- Clients
- 86
- Regulatory AUM
- $21.7M
- AUM share
- 9.4%
- Avg. per client
- $253K
- Clients
- 64
- Regulatory AUM
- $187M
- AUM share
- 81.5%
- Avg. per client
- $2.93M
- Clients
- 1
- Regulatory AUM
- $74.7K
- AUM share
- 0.0%
- Avg. per client
- $74.7K
- Clients
- 11
- Regulatory AUM
- $20.8M
- AUM share
- 9.0%
- Avg. per client
- $1.89M
Total
- Clients
- 162
- Regulatory AUM
- $230M
- AUM share
- 100%
- Avg. per client
- $1.42M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 162
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Scratch Capital charges 0.25%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2.5M | 0.80% |
| $2.5M–$5M | 0.70% |
| $5M–$10M | 0.60% |
| $10M–$30M | 0.40% |
| $30M and above | 0.25% |
Fee details and sources
Other fees
- ERISA Plan Services
- Annual fees on included plan assets will not exceed 1%, charged as a percentage of assets or as a flat fee.
- Financial Planning and Consulting
- Fee for a financial plan ranges from $2,000 to $10,000 and is negotiable; billed monthly in advance.
Andrew Lunt owns 75% or more of Scratch Capital. The leadership team of Scratch Capital includes Chief Compliance Officer Andrew Lunt. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 75% or more of Scratch Capital LLC
Andrew Lunt
Control person · since February 2022
Scratch Capital’s regulatory assets grew 1.6× from $141M (May 2025) to $230M (March 2026); clients rose from 108 to 162 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $230M | 162 | 4 | 1 |
| May 2025May 2025 | $141M | 108 | 4 | 1 |
Besides its headquarters, Scratch Capital has 0 offices, with 1 listed address in 1 state.
Idaho · 1 listed address
- 250 S. 5th St., Suite 680, BoiseHQ
Contact and registration details
- Legal name
- Scratch Capital LLC
- Headquarters
- 250 S. 5th St., Suite 680, Boise, ID 83702
- Website
- scratch-capital.com
- Phone
- 208-901-8018
- @scratch-capital
- SEC file
- 801-130966
- Founded
- 2022
- Structure
- Idaho LLC
- Fiscal year end
- December
Scratch Capital’s named custodians for separately managed accounts are Charles Schwab ($230M, 100%) and Altruist ($13.3K, 0%). Scratch Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co. · Westlake, TX · $230M100%
- AltruistAltruist Financial LLC · Culver City, CA · $13.3K0%
At year end, Scratch Capital’s separately managed accounts were mostly in funds (80%) and bonds (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $201M across 44 positions; the largest are Dimensional ETF Trust (17.2%), Dimensional ETF Trust (10.8%) and Dimensional ETF Trust (10.0%).
What the accounts hold
- Stocks7%
- Funds80%
- Bonds11%
- Cash2%
How many clients does Scratch Capital have?
Scratch Capital has 162 clients and manages $230 million for them, as of March 2026. They include 86 individual clients, 64 high-net-worth individuals, and 11 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026
What services does Scratch Capital offer?
Scratch Capital 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 Scratch Capital charge?
Scratch Capital charges 0.25%–1.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Source: ADV PART 2A, filed 17 March 2026
Which custodians does Scratch Capital use?
Scratch Capital’s separately managed account assets are held at Charles Schwab & Co. (Westlake, TX), with $230M and Altruist Financial LLC (Culver City, CA), with $13.3K. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026
How many financial advisors does Scratch Capital have?
Scratch Capital has 4 investment adviser representatives registered with state securities authorities, out of 4 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 Scratch Capital invest in?
At the end of its last fiscal year, Scratch Capital’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 11% U.S. government and agency bonds, 7% 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 Scratch Capital?
Scratch Capital’s direct owner is Andrew Lunt (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 March 2026
How does Scratch Capital get paid?
Scratch Capital is paid through a percentage of assets under management 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 Scratch Capital?
Scratch Capital’s main office is at 250 S. 5th St., Suite 680, Boise, ID 83702. Its phone number is 208-901-8018. Its website is scratch-capital.com.
