Novato, CA Office

245 Investments LLC provides discretionary asset management through separately managed accounts and delivers financial planning services only to its SMA clients (not as a standalone offering). The firm serves individual investors and, less commonly for firms of its type, also works with small businesses and other institutional clients.

The firm applies a disciplined, objective quantitative and qualitative bottom‑up valuation process to identify securities it views as underpriced relative to intrinsic value, drawing on primary SEC filings and macro inputs such as inflation and long‑term Treasury rates. Portfolios are managed across market capitalizations with income and growth strategies that are generally long‑only, typically holding on the order of ten to forty positions and maintaining a modest liquidity reserve for cash flow needs.

What is notable about this adviser relative to peers is its use of pay‑for‑performance arrangements with qualified clients and its willingness to manage corporate and institutional accounts — practices that are uncommon among independent, solo‑run advisers. As a small, recently formed firm with roughly $4.5 million in AUM and a limited client roster, its approach tends toward concentrated, tailored portfolios rather than broad, standardized programs.