Gambit Capital Management, LLC logo

Gambit Capital Management, LLC

Updated today

Client assets under management

$165,373,205

Clients

107

46% high-net-worth

Advisors

6

of 6 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

18

Very Low

Average account size

$1,545,544

About

Gambit Capital Management provides discretionary investment management primarily to individual investors (including accredited and high‑net‑worth clients) and to employer plan sponsors, and manages most client assets on a discretionary basis. The firm also offers complementary services described in its brochure — including financial planning, tax planning and preparation, and ongoing financial coaching — alongside employee benefit plan consulting and an Outsource CIO service for other advisers.

The firm’s investment process combines fundamental and cyclical analysis with asset‑and‑liability matching and tailored asset allocation, using ETFs, individual debt and equity securities, mutual funds, derivatives and commodities. Gambit documents use of options strategies and other derivatives as part of its toolkit and discusses the attendant risks (including covered‑call activity), practices that are less common among similarly sized team firms.

Distinctive elements in Gambit’s practice include its recent expansion into tax preparation and financial coaching, its work advising accredited clients on private placements and DSTs, and an affiliation with insurance entities that can provide life, health and agricultural insurance products. The brochure also discloses custody and execution relationships (Interactive Brokers and Charles Schwab) that provide technology and soft‑dollar benefits, which the firm notes may factor into its operational recommendations.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers Outsource cio consulting

Expertise

Business ownership considerations

Occupation focus

Founder/Business Owner Retired

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Fee options

Fixed

Outsource CIO consulting: $1,000/month; Tax preparation: $500-$2,500; Financial coaching initial consultation: $300; Ongoing coaching: $60/month

Percentage

$0 - $3,000,000: 1.00% annually > $3,000,000+: 0.25% annually $0 - $20,000,000: 0.25% annually (Outside Managers) $20,000,001 - $50,000,000: 0.20% annually (Outside Managers) $50,000,001+: 0.18% annually (Outside Managers)

Other

Account minimum: $750,000 Minimum fee: $1,500 per account per year minimum fee for Outside Manager accounts Fee-only: Investment management and financial planning fees based on AUM; tax preparation flat fees; financial coaching fixed fees; CIO consulting flat fees

Main office location

Gambit Capital Management, LLC

Nashville TN, United States

Number of offices

4

Most active in

Arizona · Minnesota · North Dakota · South Dakota · Tennessee · Texas · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Anthony R

ChFC®

Woodbury, MN

Gambit Capital Management, LLC

Anthony Ressie is a ChFC® credentialed advisor with Gambit Capital Management, LLC, where he has been since 2025. He has prior experience at the Department of Veteran Affairs, serving as a Senior Loan Technician since 2011. Gambit Capital Management serves individual investors, retirement plan sponsors, and other advisers through discretionary portfolio management, financial planning, and employee benefit consulting. The firm employs a combination of fundamental and cyclical analysis to manage portfolios using a range of investment vehicles and offers services including in-house tax planning and outsourced CIO consulting.

Business ownership considerations Founder/Business Owner Retired
user avatar

Tyler S

CFP®, Series 63, Series 65

Woodbury, MN

Gambit Capital Management, LLC

Tyler Schelhaas is a CFP®-certified financial advisor with 19 years of industry experience, currently with Gambit Capital Management, LLC. His prior roles include positions at SNS Financial Group, LLC and Spronk Brothers III LLP, where he also serves as a risk manager for a hog and row crop operation. Outside of advisory work, he holds investments in venture capital, private equity, and commercial loans. Gambit Capital Management serves individual investors, retirement plan sponsors, and other advisers through discretionary portfolio management and financial planning. The firm employs a combination of fundamental and cyclical analysis to manage diversified portfolios and offers in-house tax planning, outsourced CIO consulting, and access to private placements for accredited investors.

Business ownership considerations Founder/Business Owner Retired
user avatar

Aron F

Series 66

Nashville, TN

Gambit Capital Management, LLC

Aron Frank is a financial advisor at Gambit Capital Management, LLC with three years of industry experience. He holds a Series 66 designation and has previously worked at Woodbury Financial Services and Ameriprise Financial Services. Gambit Capital Management serves individual investors, employer-sponsored retirement plan sponsors, and registered investment advisers through sub-advisory and outsourced CIO engagements. The firm uses a combination of fundamental and cyclical analysis to manage portfolios on a discretionary basis, incorporating ETFs, equities, debt, mutual funds, derivatives, and commodities tailored to client objectives.

Business ownership considerations Founder/Business Owner Retired
user avatar

Peter E

Series 63, Series 65

Phoenix, AZ

Gambit Capital Management, LLC

Peter Earp is a financial advisor at Gambit Capital Management, LLC with 20 years of industry experience. He holds Series 63 and Series 65 credentials and has worked at Charles Schwab & Co., Inc. and Charles Schwab Bank for a combined 18 years, as well as American Family Insurance. Gambit Capital Management serves individual investors, retirement plan sponsors, and other registered investment advisers through discretionary portfolio management, financial planning, and employee benefit plan consulting. The firm’s investment approach integrates fundamental and cyclical analysis across a range of asset classes and includes in-house tax planning and outsourced CIO consulting services.

Business ownership considerations Founder/Business Owner Retired
user avatar

Daniel P

CFA®, Series 65

Nashville, TN

Gambit Capital Management, LLC

Daniel Powers is a CFA® charterholder and holds a Series 65 license with 14 years of industry experience. He currently works at Gambit Capital Management, LLC, where he has been since 2022, following prior roles at SNS Financial Group and Vector Wealth Management. Outside of advising, he serves as a corporate financial analyst for a hog and row crop operation. Gambit Capital Management serves individual investors, retirement plan sponsors, and other registered investment advisers through discretionary portfolio management, financial planning, and employee benefit consulting. The firm employs a combination of fundamental and cyclical analysis to construct diversified portfolios, utilizing derivatives and borrowing within separately managed accounts.

Business ownership considerations Founder/Business Owner Retired
user avatar

Todd S

Series 63, Series 65

Woodbury, MN

Gambit Capital Management, LLC

Todd Stueve is a financial advisor at Gambit Capital Management, LLC with 14 years of industry experience. He holds Series 63 and Series 65 designations and has previously worked at Erickson PHAE and SNS Financial Group. Outside of finance, he serves as General Manager and Controller at Erickson Plumbing, Heating & Electrical, overseeing operations and financials. Gambit Capital Management serves individual investors, retirement plan sponsors, and other advisers through discretionary portfolio management, financial planning, and consulting. The firm employs a combination of fundamental and cyclical analysis, managing diversified portfolios that include ETFs, equities, debt, and derivatives tailored to client objectives.

Business ownership considerations Founder/Business Owner Retired
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