Armas Capital Management, LLC

Armas Capital Management, LLC provides discretionary asset management to individual and high‑net‑worth clients, managing roughly $9.5 million across about 10 accounts and generally requiring a $100,000 minimum. Services include investment selection, asset allocation, portfolio monitoring, and administrative support delivered in part through a third‑party platform (Buckingham Strategic Partners) that handles trade processing and reporting and also provides sub‑advisory services.

The firm constructs portfolios around each client's goals, time horizon and risk tolerance and employs fundamental analysis across a mix of strategies, including long‑ and short‑term holdings, trading, and options strategies (including option writing and uncovered positions). Accounts are managed on a discretionary basis with quarterly reviews, and Armas may appoint sub‑advisors who execute trades and can be granted delegated discretionary authority.

Compared with many peers, Armas explicitly uses a third‑party platform for both administrative and sub‑advisory functions and discloses that it does not aggregate trades across separately managed accounts, which can lead to differing execution outcomes for clients; the firm also does not vote proxies, leaving voting to clients or custodians unless assistance is requested. The firm’s ownership includes a passive, non‑registered owner with substantial non‑financial business interests, it maintains professional liability insurance, and it operates with a small, concentrated client base — factors that may affect its service model and potential conflicts.