Wealth manager, independent · Grand Island, NE
Allen Capital Group, LLC
SEC-registered investment adviser · CRD 135879 · SEC 801-64514
At a glance
Allen Capital Group, LLC is an SEC-registered investment adviser based in Grand Island, Nebraska, with $1.5B in regulatory assets under management as of its Form ADV filed March 31, 2026. It reports 2,189 individual clients, 410 of them high-net-worth, holding an average of about $0.6 million each, and 38 employees. That ranks it 728th among the nation’s 5,657 independent wealth management RIAs and 8th of 41 in Nebraska. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 308-385-1500allencapgroup.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.5B
- Rank among independent wealth managers
- #728 of 5,657
- Rank among all SEC RIAs
- #4,256 of 17,210
- Rank in Nebraska
- #8 of 41
- Individual clients
- 2,189
- High-net-worth clients
- 410
- Accounts
- 7,162
- Discretionary
- 100% of AUM
- Employees
- 38
- Advisory staff
- 21
- Offices
- 6
Owners and executives on its Form ADV
- Mark J. AllenManaging Member / Chief Compliance Officer
- Jenny NicholChief Financial Officer
- Travis J. PortwoodMember
- Steven E. WilburMember
- Philip J. McBrideMember
- Kent K. KochMember
- Michael D. StantonMember
- Shane T. WissmannMember
Custody and brokerage
Broker-dealer
No broker-dealer ties
Allen Capital Group, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 410 | $985M | 66% |
| Individuals | 1,779 | $427M | 28% |
| Charitable organizations | 56 | $56M | 4% |
| Corporations or other businesses | 23 | $18M | 1% |
| Pension and profit sharing plans | 4 | $9M | <1% |
| Pooled investment vehicles | 2 | $6M | <1% |
Private funds
Allen Capital Group, LLC reports 2 private funds with $6M in gross assets: real estate funds (Form ADV Item 7.B).
Disciplinary disclosures
Allen Capital Group, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗allencapgroup.com ↗
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The full record on Allen Capital Group, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,523 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Nebraska
All of Nebraska →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Pittenger & Anderson IncLincoln | $3.0B | 894 |
| Private Wealth Asset ManagementOmaha | $2.5B | 559 |
| Wealthplan Investment Management LLCOmaha | $2.2B | 2,068 |
| Wealthplan PartnersOmaha | $1.1B | 1,677 |
Background
Questions
How much does Allen Capital Group, LLC manage?
Allen Capital Group, LLC reports $1.5B in regulatory assets under management across 7,162 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
How many clients does Allen Capital Group, LLC have?
It reports 2,189 individual clients: 410 high-net-worth individuals and 1,779 other individuals. Individuals account for about 94% of its regulatory assets.
Where is Allen Capital Group, LLC headquartered?
Its main office is in Grand Island, Nebraska. It reports 6 offices in total and 38 employees, 21 of whom perform investment advisory functions.
How does Allen Capital Group, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Allen Capital Group, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 31, 2026, it reports these amounts held: Charles Schwab ($1.4B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Allen Capital Group, LLC a hybrid RIA with a broker-dealer?
Allen Capital Group, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Allen Capital Group, LLC a fiduciary?
As an SEC-registered investment adviser, Allen Capital Group, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Allen Capital Group, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →