Suncoast Equity Management, LLC

Suncoast Equity Management, LLC, established in 1998 and reorganized in 2015, is led by principal owner Donald Robert Jowdy and President Dan McNichol. The firm specializes in individual selection of Large Cap equities, with additional investment options including fixed income and mutual funds. Clients may grant discretionary authority for securities selection and transactions. SEM offers financial planning services, including investment, retirement, and education planning. Alternative investments are available to accredited investors and qualified clients meeting specific net worth criteria. SEM charges a negotiable 1% annual fee based on assets under management, paid quarterly. Clients are responsible for third-party fees. The firm does not accept performance-based fees and generally serves individuals, high-net-worth individuals, and various entities. There is a $250,000 minimum account size, potentially waived based on client needs. SEM primarily uses fundamental analysis and long-term trading strategies, emphasizing risk management. The firm does not vote proxies for client securities and does not have financial conditions impairing client commitments. Clients receive regular account reports and may request non-periodic reviews based on significant events. SEM does not participate in wrap fee programs and does not accept compensation for selling securities. The firm's custody practices involve limited client asset custody through fee deductions with written authorization.