Phocas Financial Corporation

Phocas Financial Corporation is a minority-owned emerging institutional asset manager founded in 2005, managing approximately $793 million as of December 31, 2024. The firm offers investment advisory services to institutions, private individuals, and separately managed accounts, specializing in U.S. Small Cap Value equities, Real Estate Investment Trusts (REITs), and Equity Income. Their investment philosophy aims to deliver attractive long-term returns with low turnover and moderate risk. Fees are generally calculated as a percentage of assets under management and are billed quarterly. Institutional clients are billed accordingly, with negotiable fees. The firm serves individuals, pooled investment vehicles, government entities, corporate plans, and other investment advisers, with minimum account sizes of $1 million for individuals and $10 million for others, which may be waived under certain circumstances. Phocas has a comprehensive Business Continuity Plan to respond to significant disruptions, ensuring the safeguarding of employees and property, financial and operational assessments, and client transaction continuity. The firm's executives, including William F. K. Schaff, Yolanda Waggoner Foreman, James Archie Murray, and Justin Moore Wallace, have strong educational backgrounds and experience in the financial industry, with no disciplinary events reported. They adhere to a Code of Ethics and maintain strict supervision to ensure compliance with regulatory requirements.