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RIA / WealthRegistered adviserinstitutional managerSEC registeredRAUM 1b 10b

FOREST CAPITAL MANAGEMENT, LLC

CRD 171659

CHICAGO, IL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:0b20e3a3-6a6d-71f6-bfdd-e8f1624444a8

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 1:51 AM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 8
On other graphs: 1
Observed: May 20, 2014 to Mar 27, 2026
31 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Allocatorsidentity

Forest Capital Management, LLC

Investment consultant · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: institutional managerderivedprivate_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $3.8BItem 5.F on the latest filing (2026-03-27); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.5B
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 6
RAUM per advisor: $625Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 11
Advisory employees: 8
Offices: 4Schedule D 1.F, beyond the principal office
Accounts: 118
SEC number: 801-79809
CRD: 171659
Filings on the tape: 31
First filed: May 20, 2014
Latest filed: Mar 27, 2026
Organised: Limited Liability Company, DE

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
BRIAN CARSON JESSEN	n/a	CHICAGO, IL \| Reading, PA	11	11	n/a	no
Mallory Morgan Grove	n/a	CHICAGO, IL \| Chicago, IL	7	14	n/a	no
Scott Joseph Danes	n/a	Chicago, IL	6	11	n/a	no
Travis Johnson	n/a	Chicago, IL	4	10	n/a	no
Harry John Peter Hughes	n/a	San Tan Valley, AZ	3	13	n/a	no
Kathryn Bennett	n/a	Chicago, IL	1	13	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
GIALAMAS, NICHOLAS, THOMAS	Member	F	yes	05/2014	May 20, 2014	Nov 5, 2024
Grove, Mallory, Morgan	SENIOR VICE PRESIDENT & CHIEF COMPLIANCE OFFICER	Na	yes	04/2018	Oct 15, 2018	Nov 5, 2024
JESSEN, BRIAN, CARSON	President	B	yes	05/2018	Oct 15, 2018	Nov 5, 2024
MHJG HOLDINGS LLC	Member	E	yes	05/2014	Jul 16, 2014	Nov 5, 2024
MURLAS, MICHAEL, BLAKE	MANAGING MEMBER	A	yes	05/2018	Oct 15, 2018	Nov 5, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
HUB INTERNATIONAL COMPANY	n/a	n/a	n/a	N	no	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Chicago	IL	United States	3	no
n/a	n/a	n/a	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 12 of 13

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 27, 2026	$3.8B	$1.5B	11	8	4	n/a	n/a
2024	Feb 7, 2025	$2.9B	$1.3B	10	6	3	n/a	n/a
2023	Feb 12, 2024	$2.0B	$650M	11	7	4	n/a	n/a
2022	Feb 21, 2023	$1.6B	$456M	10	5	3	n/a	n/a
2021	Mar 22, 2022	$1.6B	$490M	10	4	1	n/a	n/a
2020	Feb 23, 2021	$965M	$438M	9	4	1	n/a	n/a
2019	Mar 16, 2020	$914M	$354M	8	3	1	n/a	n/a
2018	Mar 25, 2019	$591M	$256M	7	2	1	n/a	n/a
2017	Mar 29, 2018	$808M	$325M	7	4	1	n/a	n/a
2016	Mar 30, 2017	$565M	$309M	7	3	n/a	n/a	n/a
2015	Mar 30, 2016	$234M	$53.4M	6	3	n/a	n/a	n/a
2014	Feb 23, 2015	$178M	$106M	6	2	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$3.8B	$2.9B	28.3%	$1.6B	33.8%	11	10	4	3

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
FAIRCOURT PARTNERS, LLC	2	Oct 22, 2019	Apr 27, 2018	CHICAGO, IL	Team lift out	Other	50.0%

Relationships

Registered with (8)

← Kathryn BennettAdvisorregistration: current employment
Sep 20, 2024 to presentfactForm ADV
← Harry John Peter HughesAdvisorregistration: current employment
Jun 1, 2023 to presentfactForm ADV
← Travis JohnsonAdvisorregistration: current employment
Jul 17, 2022 to presentfactForm ADV
← Scott Joseph DanesAdvisorregistration: current employment
Aug 17, 2020 to presentfactForm ADV
← Mallory Morgan GroveAdvisorregistration: current employment
Feb 1, 2019 to presentfactForm ADV
← BRIAN CARSON JESSENAdvisorregistration: current employment
Jul 23, 2015 to presentfactForm ADV
← BENJAMIN TUCKER OLSONAdvisorregistration: previous registration
Jun 30, 2014 to Oct 22, 2019factForm ADV
← CHARLES MORAN WADDELLAdvisorregistration: previous registration
Jul 1, 2014 to Oct 22, 2019factForm ADV

Controls (5)

← GIALAMAS, NICHOLAS, THOMASOwnerMEMBER, ownership code F, individual
May 20, 2014 to Nov 5, 2024factForm ADV
← MURLAS, MICHAEL, BLAKEOwnerMANAGING MEMBER, ownership code A, individual
Oct 15, 2018 to Nov 5, 2024factForm ADV
← JESSEN, BRIAN, CARSONOwnerPRESIDENT, ownership code B, individual
Oct 15, 2018 to Nov 5, 2024factForm ADV
← Grove, Mallory, MorganOwnerSENIOR VICE PRESIDENT & CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Oct 15, 2018 to Nov 5, 2024factForm ADV
← MHJG HOLDINGS LLCOwnerMEMBER, ownership code E, domestic entity
Jul 16, 2014 to Nov 5, 2024factForm ADV

Moved with (1)

→ FAIRCOURT PARTNERS, LLCRegistered adviser2 advisors, team lift out, same day
Oct 22, 2019 to Apr 27, 2018factForm ADV

Dated events

Occurred
Jan 14, 2026
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $3.8B, up 28% from $2.9B (2025-02-07 to 2026-01-14)
Form ADVobserved 3 days ago
$828M
Occurred
Feb 7, 2025
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $2.9B, up 44% from $2.0B (2024-11-05 to 2025-02-07)
Form ADVobserved 3 days ago
$892M
Occurred
Feb 12, 2024
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $2.0B, up 30% from $1.6B (2024-02-01 to 2024-02-12)
Form ADVobserved 3 days ago
$463M
Occurred
Mar 22, 2022
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $1.6B, up 69% from $965.3M (2021-03-10 to 2022-03-22)
Form ADVobserved 3 days ago
$666M
Occurred
Mar 16, 2020
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $914.0M, up 55% from $590.8M (2019-12-24 to 2020-03-16)
Form ADVobserved 3 days ago
$323M
Occurred
Mar 25, 2019
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $590.8M, down 27% from $807.7M (2018-10-15 to 2019-03-25)
Form ADVobserved 3 days ago
$-217M
Occurred
Mar 29, 2018
Regulatory AUM changed
Forest Capital Management, Llc reported RAUM $807.7M, up 43% from $565.0M (2017-03-30 to 2018-03-29)
Form ADVobserved 3 days ago
$243M
Occurred
May 20, 2014
First Form ADV filing
Forest Capital Management, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 3 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:0b20e3a3-6a6d-71f6-bfdd-e8f1624444a8
First observed: May 20, 2014
Last observed: Mar 27, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

FOREST CAPITAL MANAGEMENT, LLC

CRD 171659

CHICAGO, IL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:0b20e3a3-6a6d-71f6-bfdd-e8f1624444a8

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 1:51 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

BRIAN CARSON JESSEN

n/a

CHICAGO, IL | Reading, PA

n/a

Mallory Morgan Grove

n/a

CHICAGO, IL | Chicago, IL

n/a

Scott Joseph Danes

n/a

Chicago, IL

n/a

Travis Johnson

n/a

Chicago, IL

n/a

Harry John Peter Hughes

n/a

San Tan Valley, AZ

n/a

Kathryn Bennett

n/a

Chicago, IL

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

GIALAMAS, NICHOLAS, THOMAS

Member

yes

05/2014

May 20, 2014

Nov 5, 2024

Grove, Mallory, Morgan

SENIOR VICE PRESIDENT & CHIEF COMPLIANCE OFFICER

yes

04/2018

Oct 15, 2018

Nov 5, 2024

JESSEN, BRIAN, CARSON

President

yes

05/2018

Oct 15, 2018

Nov 5, 2024

MHJG HOLDINGS LLC

Member

yes

05/2014

Jul 16, 2014

Nov 5, 2024

MURLAS, MICHAEL, BLAKE

MANAGING MEMBER

yes

05/2018

Oct 15, 2018

Nov 5, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

HUB INTERNATIONAL COMPANY

n/a

City

State

Country

Employees

Also broker-dealer

Chicago

United States

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 27, 2026

$3.8B

$1.5B

n/a

2024

Feb 7, 2025

$2.9B

$1.3B

n/a

2023

Feb 12, 2024

$2.0B

$650M

n/a

2022

Feb 21, 2023

$1.6B

$456M

n/a

2021

Mar 22, 2022

$1.6B

$490M

n/a

2020

Feb 23, 2021

$965M

$438M

n/a

2019

Mar 16, 2020

$914M

$354M

n/a

2018

Mar 25, 2019

$591M

$256M

n/a

2017

Mar 29, 2018

$808M

$325M

n/a

2016

Mar 30, 2017

$565M

$309M

n/a

2015

Mar 30, 2016

$234M

$53.4M

n/a

2014

Feb 23, 2015

$178M

$106M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$3.8B

$2.9B

28.3%

$1.6B

33.8%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FAIRCOURT PARTNERS, LLC

Oct 22, 2019

Apr 27, 2018

CHICAGO, IL

Team lift out

Other

50.0%