Actuarial Direct LLC

Actuarial Direct LLC provides discretionary portfolio management to a select client base that includes individuals and institutions, focusing primarily on ETFs while also advising on stocks, bonds and mutual funds. The firm does not offer standalone financial planning and applies the same suite of services to all clients, allowing clients to impose investment restrictions for values-based reasons.

Portfolios are constructed using quantitative techniques such as mean-variance optimization and the Black–Litterman model, with ETFs as the primary building blocks, and all assets are managed in‑house rather than through third‑party managers. Client accounts are reviewed at least weekly, and trading is coordinated so client and firm representative orders are executed at the same time via an imported trade file.

Noteworthy operational features include reliance on written policies and procedures in lieu of a formal written Code of Ethics and a trading practice that does not use block trading but executes synchronized trades across accounts. The firm discloses no material affiliations with broker‑dealers, pooled investment vehicles, or fund sponsors and maintains a written business continuity plan that is reviewed annually.