Trent Capital Management, Inc. (hereinafter referred to as "Trent," “Trent Capital,” or the 
“Firm”) is a fee-based SEC-registered investment adviser with its principal place of business 
located in Greensboro, NC. Trent was founded in 1987. Listed below are the firm's principal 
shareholders (i.e., those individuals and/or entities controlling 25% or more of this company). 
•  Robert Vernon May, Chief Investment Officer, Chief Financial Officer, Vice President, 
Assistant Secretary 
•  I. James Folds, Director of Corporate Development, Vice President, Secretary, Treasurer 
•  William Charles Thacker Jr., Director of Retirement Plan Assets, President 
Types of Services 
 
We offer the following advisory services to our clients: 
INVESTMENT SUPERVISORY SERVICES INDIVIDUAL PORTFOLIO 
MANAGEMENT 
 
Our firm provides investment management services to clients based on their individual needs. 
Through personal discussions in which a client’s goals and objectives are determined based on 
a client's particular circumstances, we develop a client's personal investment policy and create 
and manage a portfolio based on that policy. During our data gathering process, we determine 
the client’s individual objectives, time horizons, risk tolerance, and liquidity needs. As 
appropriate, we also review and discuss a client's prior investment history, as well as family 
composition and background. This allows us to better determine the appropriate asset 
allocation for each individual client, be it a focus on growth, income, growth and income, 
capital preservation and the like. 
Our investment management services are offered on a discretionary or non-discretionary basis. 
Clients  may  impose  reasonable  restrictions  on  investing  in  certain  securities,  types  of 
securities, or industry sectors by advising us of such restrictions. 
Our investment recommendations are not limited to any specific product or service offered by 
a broker-dealer or insurance company and will generally include advice regarding, but not 
limited to, the following securities: 
•
                                        
                                        
                                              Exchange-listed securities; 
•  Securities traded over-the-counter; 
•  Foreign issuers; 
•  Warrants; 
•  Corporate debt securities (other than commercial paper); 
•  Commercial paper; 
•  Certificates of deposit; 
•  Municipal securities; 
•  Mutual fund shares; 
•  United States governmental securities; 
•  Government Agency securities; 
•  Exchange-traded funds ("ETFs"); and 
•  Private funds. 
Because some types of investments involve certain additional degrees of risk, they will only 
be implemented/recommended when we believe it is consistent with the client's stated 
investment objectives, tolerance for risk, liquidity and suitability. 
Qualified Retirement Plans 
 
Trent also provides corporate clients with Qualified Retirement Plan design, financial and 
compliance consulting as well as selection of mutual fund assets. The services provided by 
Trent to Qualified Retirement Plans includes, but is not limited to: 
•  The development of a written investment policy statement. 
•  Conducting due diligence is selecting the mutual funds used as investments for plan 
participants. 
•  Regular monitoring of plan assets seeking to achieve maximum performance for plan 
participants saving for retirement and long-term financial security. 
•  Preparation of quarterly monitoring reports that compare plan funds to indices for 
each specific investment category and established percentile rankings of peer fund 
benchmarks in order to provide a basis of comparison for plan participants. 
Pooled Investment Vehicles 
Trent also currently provides investment management services to a pooled investment vehicle 
(the “Fund”) and may provide investment management services to other pooled investment 
vehicles in the future. 
AMOUNT OF MANAGED ASSETS 
As of December 31, 2023, we were actively managing approximately $117,420,701 of clients' assets 
on a discretionary basis and $57,085,669 of clients' assets on a non-discretionary basis, totaling 
$174,506,370 in total assets under management.