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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

TACTICAL FUND ADVISORS, LLC

CRD 298049

CINCINNATI, OH

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:e2901c0c-aa0f-d2a9-2810-3c5bd0eb4d54

Data as of Apr 8, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 12:11 AM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 9
On other graphs: 0
Observed: Oct 5, 2018 to Apr 8, 2026
22 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

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

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $170MItem 5.F on the latest filing (2026-04-08); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $170M
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: 1
RAUM per advisor: $170Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 7
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 4
Individual clients: 0
High net worth clients: 0
SEC number: 801-114248
CRD: 298049
Filings on the tape: 22
First filed: Oct 5, 2018
Latest filed: Apr 8, 2026
Organised: Limited Liability Company, OH
Website: tfafunds.com

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
Hetzer, Kevin, Craig	CHIEF OPERATING OFFICER	Na	yes	09/2019	Nov 20, 2019	Nov 14, 2024
HOPKINS, ROBERT, LEE	CHIEF COMPLIANCE OFFICER	Na	yes	12/2023	Feb 21, 2024	Nov 14, 2024
HORTER, DREW, KENT	SOLE MEMBER & CEO	E	yes	05/1991	Oct 5, 2018	Nov 14, 2024
HORTER, DREW, KENT	CHIEF EXECUTIVE OFFICER	E	yes	06/2018	Oct 5, 2018	Nov 14, 2024
SCHMIDT, KEITH, ANDREW	President	Na	yes	10/2023	Mar 25, 2024	Nov 14, 2024
HORTER INVESTMENT MANAGEMENT, LLC	Member	B	no	11/2022	Nov 14, 2024	Nov 14, 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
HORTER INVESTMENT MANAGEMENT, LLC	n/a	Independent wealth	$314M	N	yes	n/a
HORTER FINANCIAL STRATEGIES, LLC	n/a	n/a	n/a	N	yes	n/a

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 8 of 10

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Apr 8, 2026	$170M	$170M	7	3	n/a	n/a
2024	Mar 6, 2025	$163M	$163M	10	5	n/a	n/a
2023	Mar 25, 2024	$140M	$140M	10	5	n/a	n/a
2022	Apr 4, 2023	$158M	$158M	5	1	n/a	n/a
2021	Mar 30, 2022	n/a	n/a	6	1	n/a	n/a
2020	Mar 31, 2021	n/a	n/a	6	1	n/a	n/a
2019	Jun 2, 2020	n/a	n/a	6	2	n/a	n/a
2018	Mar 31, 2019	n/a	n/a	5	2	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	$170M	$163M	3.9%	$158M	2.4%	7	10	0	0

Relationships

Affiliated with (2)

← HORTER INVESTMENT MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV
→ HORTER INVESTMENT MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV

Registered with (1)

← DREW KENT HORTERAdvisorregistration: current employment
Jul 1, 2019 to presentfactForm ADV

Controls (4)

← HORTER, DREW, KENTOwnerSOLE MEMBER & CEO, ownership code E, individual
Oct 5, 2018 to Nov 14, 2024factForm ADV
← SCHMIDT, KEITH, ANDREWOwnerPRESIDENT, ownership code NA, individual
Mar 25, 2024 to Nov 14, 2024factForm ADV
← HOPKINS, ROBERT, LEEOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Feb 21, 2024 to Nov 14, 2024factForm ADV
← Hetzer, Kevin, CraigOwnerCHIEF OPERATING OFFICER, ownership code NA, individual
Nov 20, 2019 to Nov 14, 2024factForm ADV

Owns (1)

← HORTER INVESTMENT MANAGEMENT, LLCOwnerMEMBER, ownership code B, domestic entity
Nov 14, 2024 to Nov 14, 2024factForm ADV

Dated events

Occurred
Mar 25, 2024
Control person joined
Andrew Keith Schmidt (President) appeared on Schedule A of Tactical Fund Advisors, Llc
Form ADVobserved 5 days ago
Occurred
Feb 21, 2024
Control person left
David Jason Long (Chief Compliance Officer) no longer on Schedule A of Tactical Fund Advisors, Llc (listed 2023-04-04, absent 2024-02-21)
Form ADVobserved 5 days ago
Occurred
Feb 21, 2024
Control person joined
Lee Robert Hopkins (Chief Compliance Officer) appeared on Schedule A of Tactical Fund Advisors, Llc
Form ADVobserved 5 days ago
Occurred
Jun 24, 2022
Control person left
Pace James Malgeri (Chief Operating Officer) no longer on Schedule A of Tactical Fund Advisors, Llc (listed 2022-03-30, absent 2022-06-24)
Form ADVobserved 5 days ago
Occurred
Oct 25, 2021
Control person joined
Pace James Malgeri (Chief Operating Officer) appeared on Schedule A of Tactical Fund Advisors, Llc
Form ADVobserved 5 days ago
Occurred
Nov 20, 2019
Control person joined
David Jason Long (Chief Compliance Officer) appeared on Schedule A of Tactical Fund Advisors, Llc
Form ADVobserved 5 days ago
Occurred
Nov 20, 2019
Control person joined
Craig Kevin Hetzer (Chief Operating Officer) appeared on Schedule A of Tactical Fund Advisors, Llc
Form ADVobserved 5 days ago
Occurred
Aug 9, 2019
Control person joined
Fredrik John Peters (Executive Vice President) appeared on Schedule A of Tactical Fund Advisors, Llc
Form ADVobserved 5 days ago
Occurred
Oct 5, 2018
First Form ADV filing
Tactical Fund Advisors, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:e2901c0c-aa0f-d2a9-2810-3c5bd0eb4d54
First observed: Oct 5, 2018
Last observed: Apr 8, 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.

TACTICAL FUND ADVISORS, LLC

CRD 298049

CINCINNATI, OH

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:e2901c0c-aa0f-d2a9-2810-3c5bd0eb4d54

Data as of Apr 8, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 12:11 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Hetzer, Kevin, Craig

CHIEF OPERATING OFFICER

yes

09/2019

Nov 20, 2019

Nov 14, 2024

HOPKINS, ROBERT, LEE

CHIEF COMPLIANCE OFFICER

yes

12/2023

Feb 21, 2024

Nov 14, 2024

HORTER, DREW, KENT

SOLE MEMBER & CEO

yes

05/1991

Oct 5, 2018

Nov 14, 2024

HORTER, DREW, KENT

CHIEF EXECUTIVE OFFICER

yes

06/2018

Oct 5, 2018

Nov 14, 2024

SCHMIDT, KEITH, ANDREW

President

yes

10/2023

Mar 25, 2024

Nov 14, 2024

HORTER INVESTMENT MANAGEMENT, LLC

Member

11/2022

Nov 14, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

HORTER INVESTMENT MANAGEMENT, LLC

n/a

Independent wealth

$314M

yes

n/a

HORTER FINANCIAL STRATEGIES, LLC

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 8, 2026

$170M

n/a

2024

Mar 6, 2025

$163M

n/a

2023

Mar 25, 2024

$140M

n/a

2022

Apr 4, 2023

$158M

n/a

2021

Mar 30, 2022

n/a

2020

Mar 31, 2021

n/a

2019

Jun 2, 2020

n/a

2018

Mar 31, 2019

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

$170M

$163M

3.9%

$158M

2.4%