Feltman & Co. LLC

Feltman & Co. LLC is a small registered investment adviser that primarily manages pooled and institutional assets rather than a broad retail client base; as of January 1, 2026 the firm reports approximately $2,118,871 in discretionary assets under management and operates with one advisor. It provides continuous discretionary portfolio management and investment advice, generally charging percentage-of-assets fees that are billed quarterly.

The firm develops a written investment policy for each client based on an investment questionnaire and ongoing discussions, then implements portfolios using fundamental, technical, and cyclical analysis across equities, mutual funds, and fixed income. Feltman & Co. may employ option strategies (covered calls and purchased puts), structured products, and margin trading when consistent with client suitability, and delivers quarterly performance reports with at least annual client reviews.

Distinctive aspects compared with many peers include the combination of a very small asset base and active use of leveraged or specialized instruments—margin, options, and structured products—which can increase portfolio complexity and risk. Other noteworthy disclosures include the firm’s constructive custody via authority to deduct fees, an explicit policy not to vote client proxies (clients receive proxies directly), and a recommendation to custody at Charles Schwab with attendant custodial services and benefits disclosed as a potential conflict of interest.