Flax Pond Capital, LLC

Flax Pond Capital, LLC is a registered investment adviser based in Falmouth, MA, established as a limited liability company under the laws of the State of PA and owned by Christopher Zafiriou. The firm acts as a fiduciary, offering discretionary portfolio management services tailored to clients' needs and investment objectives. Clients grant discretionary authority for account management, allowing Flax Pond Capital to formulate investment strategies and make transactions without prior approval. Financial planning services are also provided, involving analysis of clients' financial circumstances and objectives to create a written plan. The firm advises on various investments, including equity securities, mutual funds, and REITs, based on individual goals. Flax Pond Capital charges tiered fees for portfolio management services, with the first $50,000 of assets charged at 1.25% and subsequent tiers at lower rates. Financial planning services are offered at an hourly fee of $350, with costs based on the scope and complexity of the plan. The firm does not accept performance-based fees or engage in side-by-side management. Clients include individuals, and there is no minimum account size requirement, although accounts falling below a certain size may be terminated. Flax Pond Capital employs fundamental and cyclical analysis, long-term and short-term purchases, and may engage in short sales and margin transactions. The firm recommends brokerage and custodial services of Fidelity and does not have any soft dollar arrangements. Clients' accounts are monitored quarterly, with additional reviews conducted based on various circumstances. Flax Pond Capital does not receive compensation from third parties for providing investment advice and does not have any disciplinary disclosures.