Tencap Wealth Coaching provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year.
Tencap Wealth Coaching reports 753 clients. They include 681 individual clients, 55 high-net-worth individuals, and 13 pension and profit-sharing plans. Of its assets, 100.0% ($285M across 2,087 accounts) are managed with discretion. It advised 20 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 48% |
| High-net-worth individuals | 7% | 49% |
| Pension and profit-sharing plans | 2% | 2% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 681 | $136M | 47.8% | $200K |
| High-net-worth individuals | 55 | $139M | 48.7% | $2.52M |
| Pension and profit-sharing plans | 13 | $4.93M | 1.7% | $379K |
| Charitable organizations | Fewer than 5 | $82 | 0.0% | $82 |
| Corporations and other businesses | Fewer than 5 | $5.16M | 1.8% | $1.72M |
| Total | 753 | $285M | 100% | — |
- Clients
- 681
- Regulatory AUM
- $136M
- AUM share
- 47.8%
- Avg. per client
- $200K
- Clients
- 55
- Regulatory AUM
- $139M
- AUM share
- 48.7%
- Avg. per client
- $2.52M
- Clients
- 13
- Regulatory AUM
- $4.93M
- AUM share
- 1.7%
- Avg. per client
- $379K
- Clients
- Fewer than 5
- Regulatory AUM
- $82
- AUM share
- 0.0%
- Avg. per client
- $82
- Clients
- Fewer than 5
- Regulatory AUM
- $5.16M
- AUM share
- 1.8%
- Avg. per client
- $1.72M
Total
- Clients
- 753
- Regulatory AUM
- $285M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 20
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Tencap Wealth Coaching charges 0.50%–1.15% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance or in arrears, is negotiable and requires an account of at least $300,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.15% |
| $500K–$1M | 1.05% |
| $1M–$4M | 0.75% |
| $4M and above | 0.50% |
Fee details and sources
Other fees
- Financial planning
- A negotiable fixed fee of up to $10,000 for financial planning services, payable at the inception of services.
Kerry Park Family Limited Partnership owns 75% or more of Tencap Wealth Coaching and is in turn owned by The Gregory D. Black Trust (25–50%) and The Lindsey Black Trust (25–50%). The leadership team of Tencap Wealth Coaching includes President Nicholas Carrigan and Chief Compliance Officer Gregory Black. It has 7 employees.
Staff
- 7 employees
- 7 in advisory functions
- 7 state-registered reps
- 5 insurance agents
- Owns 75% or more of Tencap Wealth Coaching, LLC
Kerry Park Family Limited Partnership
Control person · since October 2012
- Owns 25% to 50% of Kerry Park Family Limited Partnership
The Gregory D. Black Trust
Control person · since July 2025
Gregory Black
Trustee · Control person · since July 2025
- Owns 25% to 50% of Kerry Park Family Limited Partnership
The Lindsey Black Trust
Control person · since July 2025
Lindsey Black
Trustee · Control person · since July 2025
Black Stand Business Management LLC
General partner · Control person · since July 2025
Tencap Wealth Coaching’s regulatory assets grew Infinity× from $0 (June 2024) to $285M (March 2026); employees fell from 12 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $285M | 753 | 7 | 11 |
| Jun 2025June 2025 | $117M | 499 | 15 | 11 |
| Jun 2024June 2024 | $0 | 0 | 12 | 10 |
Besides its headquarters, Tencap Wealth Coaching has 10 offices (4 private residences, listed without an address), with 7 listed addresses across 3 states.
Utah · 5 listed addresses
- 1314 West 11400 South, Suite 201, South JordanHQ
- 50 West 700 North, Logan
- 451 E 1000 S, Pleasant Grove
- 4424 S 700 E, Millcreek
- 833 Pioneer RD, Draper
Idaho · 1 listed address
- 655 South 4th St, Preston
North Dakota · 1 listed address
- 1726 South Washington Street, Grand Forks
Contact and registration details
- Legal name
- Tencap Wealth Coaching, LLC
- Headquarters
- 1314 West 11400 South, Suite 201, South Jordan, UT 84095
- Website
- tencap.com
- Phone
- 801-221-2956
- @encap-wealth-coaching
- SEC file
- 801-130427
- Structure
- Utah LLC
- Fiscal year end
- December
Tencap Wealth Coaching’s named custodian for separately managed accounts is Altruist ($280M). Tencap Wealth Coaching does not have custody of client assets.
- AltruistAltruist Financial LLC · Culver City, CA · $280M100%
At year end, Tencap Wealth Coaching’s separately managed accounts were mostly in funds (95%). Its reported 13F holdings for the quarter ended 30 June 2026 total $315M across 20 positions; the largest are Dimensional ETF Trust (25.5%), Dimensional ETF Trust (21.9%) and Dimensional ETF Trust (19.4%).
What the accounts hold
- Funds95%
- Cash5%
How many clients does Tencap Wealth Coaching have?
Tencap Wealth Coaching has 753 clients and manages $285 million for them, as of March 2026. They include 681 individual clients, 55 high-net-worth individuals, and 13 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Tencap Wealth Coaching offer?
Tencap Wealth Coaching provides financial planning, portfolio management for individuals and small businesses, 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 Tencap Wealth Coaching charge?
Tencap Wealth Coaching charges 0.50%–1.15% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance or in arrears, is negotiable and requires an account of at least $300,000.
Which custodians does Tencap Wealth Coaching use?
Tencap Wealth Coaching’s separately managed account assets are held at Altruist Financial LLC (Culver City, CA), with $280M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Tencap Wealth Coaching have?
Tencap Wealth Coaching has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 employees are 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 Tencap Wealth Coaching invest in?
At the end of its last fiscal year, Tencap Wealth Coaching’s separately managed accounts held 95% registered funds (mutual funds, ETFs, BDCs) and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Tencap Wealth Coaching have a minimum investment?
Yes, Tencap Wealth Coaching’s minimum account size for its Asset Management is $300K.
Who owns Tencap Wealth Coaching?
Tencap Wealth Coaching’s direct owner is Kerry Park Family Limited Partnership (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Tencap Wealth Coaching get paid?
Tencap Wealth Coaching is paid through a percentage of assets under management, hourly charges and other compensation. 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 Tencap Wealth Coaching?
Tencap Wealth Coaching’s main office is at 1314 West 11400 South, Suite 201, South Jordan, UT 84095. Its phone number is 801-221-2956. Its website is tencap.com.