Covey Capital Advisors, LLC

Covey Capital Advisors, LLC, established in 2007, specializes in providing discretionary investment advisory services to individuals, family offices, and foundations. The firm manages Separately Managed Accounts, granting clients the authority to impose restrictions on their portfolios. With $152,761,206 in Regulatory AUM as of December 31, 2024, Covey Capital charges a 1.0% annual Management Fee for its services. The firm's investment strategy focuses on fundamental, research-intensive value-oriented investing in global public markets, aiming for capital preservation and significant absolute returns while minimizing risk. Covey Capital does not offer performance-based fees and typically serves high net worth individuals with a minimum portfolio value of $1,000,000. The firm invests in individual stocks, ETFs, fixed income instruments, and may include other suitable investments. While striving to diversify portfolios to mitigate risks, all investments are subject to market fluctuations and potential losses. Covey Capital acts as a fiduciary, placing client interests above its own and complying with a Code of Ethics. The firm's brokerage practices prioritize best execution and may recommend using Charles Schwab & Co., Inc. as a custodian. Covey Capital exercises investment discretion under a Limited Power of Attorney, managing client portfolios with full authority. Clients can request information on proxy voting and receive regular account reviews and statements. The firm has no disciplinary events to report and does not engage in brokerage activities or have financial items to disclose.