MARTIN & COMPANY INVESTMENT COUNSEL

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.

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.

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.

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.

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.

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.

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.