Aetolia Capital LLC

Aetolia Capital provides discretionary investment management through separately managed accounts to individuals, households and high-net-worth investors, typically opening accounts via an internet-based process. The firm manages roughly $44.5 million across about 55 client accounts and charges fees based on a percentage of assets under management, with a stated initial investment guideline of $250,000 (exceptions considered case-by-case).

The firm’s investment approach combines macroeconomic analysis with a research-driven process that incorporates fundamental, quantitative and technical analysis to identify opportunities across equities, ETFs, closed-end funds and fixed income; trading may employ techniques such as leverage or short sales when appropriate. Portfolios are monitored at least quarterly and the adviser exercises broad discretionary authority, generally limiting client-imposed investment restrictions unless negotiated in advance.

Notable operational features include a solo-adviser structure with industry experience, a stated policy of not voting client proxies, and limited custody limited to client-authorized fee deductions rather than full account custody. The firm executes trades through the client’s broker of record, aggregates client orders when appropriate, does not enter into soft-dollar arrangements to obtain research, and maintains a written Code of Ethics governing personal trading and potential conflicts.