Separately Managed Accounts (SMA)

Long-term capital preservation in the context of equity investing

Primary objective is to preserve our clients’ capital over the long term regardless of broader market fluctuations. All equity investment decisions include risk of loss. However, our goal is to avoid investment decisions that result in a permanent loss of capital. PCM’s Commission Fee Account Total Return Composite has attained positive total returns in 20 of the 26 calendar year periods since inception.

Produce consistent appreciation of our clients’ assets

Goal is to double invested assets over a five year period, which is approximately equivalent to 15% annualized rate of return. PCM’s Commission Fee Account Total Return Composite has attained this goal in the majority of the rolling five year periods since inception.

Focus on absolute not relative metrics

Relative return objectives may create inappropriate incentives, which can result in greater risks being taken and longer time horizon opportunities missed. PCM’s returns may not correlate closely with equity market indices.

PCM Manages relationships targeted at $1 million and above. Separate account clients include high net worth individuals and institutions including universities, foundations, and retirement plans.

We communicate with our clients frequently and openly. Quarterly written reports summarize a client's entire portfolio, including assets, income, expenses, transactions and overall performance. Periodic market letters assess the state of the economy, review our investment strategy and discuss the outlook for our clients' portfolios.

However, the aspect of our communications that our clients appreciate most is the personal touch. Clients have direct access to our Client Service Team professionals, and many are in frequent contact with us to discuss their portfolios. Many of our investors are knowledgeable about the companies in their portfolios and achieve great satisfaction from closely following their accounts.

Each client is paired with members of our Client Service Team as their personal Private Capital Management investment partners.

Existing Client Login: PCM Online Reports Portal Secure Login

 

To access reports you must provide a username and password. To obtain a username and password, reset a password, or add reports for an account, please call your Client Services Representative at: (239) 254-2500.