Cavan Capital Management LLC

Cavan Capital Management LLC is a registered investment adviser based in Naples, Florida, established in 2014. The firm specializes in providing discretionary portfolio management services through equity portfolios. Clients have the option to set restrictions or guidelines in writing to limit the firm's discretionary authority. The minimum account size for an advisory relationship is $500,000, with fees ranging from 1% to 1.75% annually based on the portfolio strategy. Fees are deducted biannually from client accounts, and any unearned fees are returned. The firm primarily invests in equity securities, options contracts, and exchange-traded funds. Cavan Capital Management LLC does not manage wrap fee programs and had approximately $14.7 million in discretionary regulatory assets under management as of December 31, 2023. The firm's investment strategies include long-term purchases, short-term purchases, frequent trading, and options trading. Clients are encouraged to consult tax professionals or attorneys for tax or legal advice. The firm's principals, Jim Reilly and Michael Reilly, have extensive investment experience and educational backgrounds in finance-related fields. Cavan Capital Management LLC operates on a fee-only basis, acting as a fiduciary in clients' best interests. The firm's Code of Ethics emphasizes fiduciary duty, personal securities transactions, and conflicts of interest. Clients receive account statements from the custodian at least quarterly, and the firm does not have physical custody of client funds. Cavan Capital Management LLC does not vote proxies on behalf of clients and does not receive compensation for client referrals. The firm's Chief Compliance Officer can be contacted for additional information or to request disclosures.