Askeladden Capital
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$93,841,816
This total excludes 3 entity clients. Entities are clients such as corporations, partnerships, or trusts.
Total clients
59
92% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
59
Average account size
$1,590,539
About
Askeladden Capital provides discretionary portfolio management through separately managed accounts to a mix of individual and institutional clients, including trusts, endowments, and charitable organizations; the firm also acts as an adviser to pooled investment vehicles, including private funds. The firm focuses on SMA mandates and does not manage non-discretionary accounts.
Its investment approach is grounded in fundamental value investing with an intended multi-year (roughly three-year) horizon, typically emphasizing micro-, small- and mid-cap equities and using EV/NOPAT-style valuation techniques rather than long-range cash-flow precision. Research combines primary company materials and industry sources with AI-assisted tools and human oversight, and portfolios are generally concentrated with explicit position-size guidelines.
What is notable relative to many independent peers is the firm’s use of performance-based compensation arrangements with multi-year hurdle accounting against an index, combined with the principal’s significant personal capital invested alongside clients to align incentives. The firm also discloses its execution practices (including use of an electronic broker and trade aggregation tools) and accepts pooled vehicle and charitable clients — client types and fee arrangements that are uncommon among similarly sized independent advisers.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Private / alternative investments
Fee options
30% of net profits exceeding the S&P 1000 index over each 3-year period, assessed every 3 years with a hurdle carry forward
Account minimum: $100,000
Main office location
Askeladden Capital
Grapevine TX, United States
Number of offices
2
Most active in
Askeladden Capital has reported serving >5 clients in these states in the last 12 months.
California · New Jersey · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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