Passive Capital Management, LLC

Passive Capital Management, LLC, established in 2007, is a registered investment adviser specializing in providing customized investment management services to clients on a discretionary and non-discretionary basis. The firm, owned by Scott D. Reinhardt and Jonathan E. Farber, manages over $941 million in client assets as of January 13, 2025, with a focus on constructing portfolios using passively managed index and asset class funds. Clients receive tailored investment advice based on their financial needs and objectives, with portfolios rebalanced quarterly to align with risk objectives. The firm operates as a fiduciary for retirement accounts, ensuring clients' best interests are prioritized. Passive Capital Management charges fees based on assets under management, with a tiered fee structure ranging from 0.80% to 0.20% based on account size. Clients have the flexibility to negotiate fees under certain circumstances. There is no minimum account requirement, and clients have the option to rescind the advisory agreement within five business days of signing. Investment strategies focus on asset allocation, diversification, and passive investment vehicles to capture market returns efficiently. The firm emphasizes the importance of risk management and believes in the efficiency of capital markets. Clients are informed about the risks involved in investing, including market, currency, economic, and political risks. Passive Capital Management does not engage in frequent trading of securities and does not charge performance-based fees. The firm's disciplined asset allocation philosophy aims to meet clients' specific risk objectives while minimizing costs and market-timing risks.