Asset ManagerRIA · CRD 108718SEC-Registered

Updated:

MARTIN & COMPANY INVESTMENT COUNSEL

Nashville-based MARTIN & COMPANY has run a concentrated equity portfolio of software and payments companies since 1980, led by Hank Martin.

MARTIN & COMPANY INVESTMENT COUNSEL

MARTIN & COMPANY INVESTMENT COUNSEL was founded in 1980 by H. W. 'Hank' Martin Jr. in Nashville, Tennessee. The firm operates as an independently owned registered investment adviser, deliberately avoiding the institutional fundraising circuit or any affiliation with a larger financial conglomerate. Martin, a graduate of Vanderbilt University, set up the firm as a vehicle for high-conviction public-equity investing — a model that has remained essentially unchanged across more than forty years. The firm runs a concentrated, all-cap equity strategy anchored in enterprise software, financial technology, and payments. The portfolio typically holds 15–25 names, with top positions routinely absorbing more than half of net assets. Known holdings, per quarterly SEC 13F filings, have included Jack Henry & Associates, Tyler Technologies, and Fiserv — all multi-decade compounders serving banking and government-technology verticals. The strategy spans US-listed companies from mid-cap vertical-software providers to large-cap payment networks, with no dedicated international sleeve or private-market allocation. Martin's team remains deliberately small. The firm operates from a single office in Nashville, with no satellite locations. There is no identifiable philanthropic vehicle or adjacent operating company connected to the firm. In recent public commentary, Martin has emphasized the durable competitive moats of vertically integrated software companies that process mission-critical workflows for banks and municipalities. No material structural changes — such as a leadership transition, vehicle launch, or acquisition — have been reported in the last 24 months. MARTIN & COMPANY's structure is unusual for an equity manager of its longevity. It does not market actively to institutional consultants, does not participate in RFPs, and has built its asset base almost entirely through word-of-mouth among high-net-worth individuals in the Southeast. The firm carries no institutional separate-account infrastructure, no SMA platform relationships with major custodians, and no mutual fund or ETF wrapper — effectively operating as a permanent-capital vehicle for a small circle of long-standing clients and the Martin family itself.

General information

Firm type

Asset Manager

Year founded

1980

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Nashville

Corporate office

Nashville, TN, United States

Principals

H. W. 'Hank' Martin Jr.

Chairman

Sector focus

Enterprise Software

Frequently asked questions

Who runs investment decisions at MARTIN & COMPANY?

H. W. 'Hank' Martin Jr., the firm's founder and chairman, has directed the investment strategy since the firm's launch in 1980. The firm does not publicly list a formal co-portfolio manager or investment committee. Martin's commentary in shareholder letters and public filings reflects sole decision-making authority over the concentrated equity portfolio.

What investment strategy does MARTIN & COMPANY employ?

The firm runs a concentrated, long-only all-cap equity strategy. Per SEC filings, the portfolio holds 15–25 publicly traded US companies concentrated in enterprise software, financial technology, and payments. Typical holding periods span multiple years, and top positions often account for more than half of net assets.

Does the firm manage any private funds or non-equity vehicles?

No. The firm operates a single public-equity strategy. There are no private equity, venture capital, credit, or hedge fund structures. The regulatory footprint under Form ADV is consistent with a single-strategy equity manager.

How does MARTIN & COMPANY source investment ideas?

Martin has publicly emphasized bottom-up fundamental research focused on vertically integrated software businesses with recurring revenue and high switching costs. The firm does not market itself to sell-side research providers or participate in institutional conferences, relying instead on direct study of public filings, management calls, and industry analysis from a small internal team.

What is the firm's geographic and client footprint?

The firm operates solely from Nashville, Tennessee. Its client base, per regulatory filings, consists primarily of high-net-worth individuals and family accounts in the Southeastern United States. The firm does not maintain offices or solicited assets outside its home market.

Is MARTIN & COMPANY affiliated with a larger financial institution?

No. The firm is independently owned by Hank Martin. It has no parent company, no affiliation with a bank or broker-dealer, and no private-equity backing. This independence has been a defining characteristic since 1980.

What sectors does MARTIN & COMPANY explicitly avoid?

The firm publicly avoids sectors with low recurring revenue, commodity pricing, or limited technology differentiation. Historically absent from holdings are energy, basic materials, traditional industrials, and unprofitable early-stage technology companies. The focus remains on established, cash-generative software and payments businesses.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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