Arete Capital Management

Arete Capital Management is an independent registered investment adviser that provides asset allocation and portfolio management services to individuals and small businesses. It manages both discretionary and non‑discretionary accounts across cash, fixed income, equities, mutual funds and ETFs, and provides quarterly performance reports and market commentary.

The firm’s investment process combines fundamental and technical analysis and relies on third‑party research providers (including Morningstar and Standard & Poor’s) to inform security selection; it commonly seeks discretionary authority and conducts quarterly account reviews. Clients custody assets at Charles Schwab for trade execution, reporting and fee deduction, and the brochure discloses that the adviser receives certain custodial benefits that could create potential conflicts of interest.

A notable disclosure reports that in September 2025 the firm signed a consent agreement with the Pennsylvania Department of Banking and Securities alleging failures to maintain written business‑continuity and succession procedures for the period 2019–2023 and paid a $5,000 administrative assessment. The firm manages roughly $25.1 million for a relatively small client base and states that, although the principal’s CFP certification is inactive, it continues to adhere to the CFP Board’s Code of Ethics, facts that may be material for prospective clients assessing governance and oversight.