Tam Capital Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Tam Capital Management reports 23 clients. They include 14 high-net-worth individuals and 9 corporations and other businesses. Of its assets, 100.0% ($112M across 27 accounts) are managed with discretion. Of its clients, 4% are outside the U.S. It advised 27 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | <1% |
| High-net-worth individuals | 61% | 83% |
| Corporations and other businesses | 39% | 17% |
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) | Fewer than 5 | $406K | 0.4% | — |
| High-net-worth individuals | 14 | $92.2M | 82.5% | $6.58M |
| Corporations and other businesses | 9 | $19.1M | 17.1% | $2.13M |
| Total | 23 | $112M | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $406K
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 14
- Regulatory AUM
- $92.2M
- AUM share
- 82.5%
- Avg. per client
- $6.58M
- Clients
- 9
- Regulatory AUM
- $19.1M
- AUM share
- 17.1%
- Avg. per client
- $2.13M
Total
- Clients
- 23
- Regulatory AUM
- $112M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 4%
- Clients advised without assets under management last fiscal year
- 27
- Private funds advised
- 0
Tam Capital Management is paid through a percentage of assets under management and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Tsemach Mishal owns 75% or more of Tam Capital Management. The leadership team of Tam Capital Management includes Chief Compliance Officer Tsemach Mishal. It has 1 employee.
Leadership
- Tsemach MishalManaging Member/Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Tam Capital Management Inc
Tsemach Mishal
Control person · since October 2010
Tam Capital Management’s regulatory assets went from $107M (April 2022) to $112M (April 2026); clients fell from 25 to 23 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $112M | 23 | 1 | 1 |
| March 2025 | $129M | 23 | 1 | 1 |
| March 2024 | $132M | 21 | 1 | 1 |
| March 2023 | $123M | 28 | 1 | 1 |
| April 2022 | $107M | 25 | 1 | 1 |
Besides its headquarters, Tam Capital Management has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Tam Capital Management Inc
- Headquarters
- Not reported
- Website
- Not reported
- Phone
- 917-567-3923
- SEC file
- 801-123716
- Structure
- New York corporation
- Fiscal year end
- December
Tam Capital Management uses Interactive Brokers ($126M) as custodian for its separately managed accounts. Tam Capital Management does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Interactive BrokersInteractive Brokers Corp. · Greenwich, CT · $126M100%
At year end, Tam Capital Management’s separately managed accounts were mostly in stocks (100%).
What the accounts hold
- Stocks100%
- Other1%
- Derivatives1%
How many clients does Tam Capital Management have?
Tam Capital Management has 23 clients and manages $112 million for them, as of April 2026. They include 14 high-net-worth individuals and 9 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 April 2026
What services does Tam Capital Management offer?
Tam Capital Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Tam Capital Management use?
Tam Capital Management’s separately managed account assets are held at Interactive Brokers Corp. (Greenwich, CT), with $126M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 April 2026
How many financial advisors does Tam Capital Management have?
Tam Capital Management has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 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 Tam Capital Management invest in?
At the end of its last fiscal year, Tam Capital Management’s separately managed accounts held 100% exchange-traded equities and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Tam Capital Management?
Tam Capital Management’s direct owner is Tsemach Mishal (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 April 2026
How does Tam Capital Management get paid?
Tam Capital Management is paid through a percentage of assets under management 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 Tam Capital Management?
Its phone number is 917-567-3923.