Pine Capital, L.L.C. is an investment advisor firm based in Portland, Maine, that has been in business since 1998. Pine Capital builds customized investment portfolios for individuals, trusts, and institutions using separate accounts held at outside custodians. Each portfolio is tailored to the client's unique goals, risk tolerance, and financial characteristics, typically consisting of individual stocks, bonds, and a small percentage of exchange traded funds and closed end funds. Pine Capital uses fundamental research—specifically focusing on growth at a reasonable price—alongside dollar-cost averaging strategies to construct long-term growth and income portfolios. The firm operates on a discretionary basis, meaning Pine Capital makes trades on behalf of clients without needing prior approval for each individual transaction.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Pine Capital generally charges 1.00% per annum, but offers a tiered billing system that reduces the fee for larger portfolios. Fees are negotiable at the firm's discretion.