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Bennett Selby Investments, L.P.

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Client assets under management

$332,356,510

Clients

96

92% high-net-worth

Advisors

3

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

32

Low

Average account size

$3,462,047

About

Bennett Selby Investments provides discretionary investment supervisory services to individual clients — including high-net-worth households — and to qualified retirement plans, offering pension consulting and ERISA Section 3(38) discretionary fiduciary services for plan sponsors. The firm manages separately managed accounts for a relatively small client base across a three-advisor team.

The adviser follows a long-term, value-oriented equity strategy that emphasizes concentrated portfolios, low turnover, and holding cash when attractive opportunities are scarce; it seeks businesses with strong economics that can be purchased at prices below the firm’s estimate of intrinsic value. While primarily investing in individual publicly traded equities (and occasionally ETFs or mutual funds), the firm selectively employs option strategies in separately managed accounts, including selling covered calls and selling puts to generate income and to position clients to acquire stock at targeted prices.

Distinctive features disclosed in the brochure include principals investing their own capital alongside client positions and a stated practice that principals may trade options in personal accounts, with procedural mitigants such as using limit orders to align pricing. The combination of derivatives used within SMA mandates, concentrated portfolios, and the provision of ERISA Section 3(38) fiduciary services sets Bennett Selby apart from many peers.

Client services

Portfolio management Pension consulting

Expertise

Active portfolio management Options & derivatives strategies

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Fee options

Percentage

1.0% annually

Other

Account minimum: $1,000,000

Main office location

Bennett Selby Investments, L.P.

Falmouth ME, United States

Number of offices

3

Most active in

California · Maine · Massachusetts · New York · Texas · Washington

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Madeline D

Series 65

Los Angeles, CA

Bennett Selby Investments, L.P.

Madeline Darcy is a financial advisor at Bennett Selby Investments, L.P. with a Series 65 credential and one year of industry experience. Prior to joining Bennett Selby Investments, she worked at CA iBank, Kaya Ventures, CircleUp Growth Partners, Victress Capital, Harvard University, and Oliver Wyman. She serves as a venture specialist for CA iBank, evaluating venture capital fund investments and direct investments as part of the SSBCI program. Bennett Selby Investments provides discretionary portfolio management for individual and high-net-worth clients, as well as pension consulting and ERISA Section 3(38) fiduciary services for qualified retirement plans. The firm employs a long-term, value-oriented investment approach with concentrated equity holdings and selective use of options strategies within separately managed accounts.

Active portfolio management Options & derivatives strategies
user avatar

Matthew B

Series 63, Series 66

Falmouth, ME

Bennett Selby Investments, L.P.

Matthew Bennett is a financial advisor with Bennett Selby Investments, L.P. in Falmouth, ME. He holds Series 63 and Series 66 licenses and has 20 years of industry experience. Bennett has been with Bennett Selby Investments since 2005. Bennett Selby Investments provides discretionary portfolio management for individual clients, including high-net-worth households, and offers pension consulting and ERISA Section 3(38) fiduciary services for qualified retirement plans. The firm follows a long-term, value-oriented approach with concentrated equity holdings and selective use of options strategies within separately managed accounts.

Active portfolio management Options & derivatives strategies
user avatar

Mark S

Series 65

Falmouth, ME

Bennett Selby Investments, L.P.

Mark Selby is a financial advisor with Bennett Selby Investments, L.P., holding a Series 65 designation and over 20 years of industry experience. He has served as Chief Executive Officer of Canada Nickel Corporation since 2020 and previously worked at RNC Minerals from 2015 to 2019. Bennett Selby Investments provides discretionary portfolio management for individual and high-net-worth clients, as well as pension consulting and ERISA Section 3(38) fiduciary services for qualified retirement plans. The firm employs a long-term, value-oriented investment approach with concentrated equity holdings and selective use of options strategies within separately managed accounts.

Active portfolio management Options & derivatives strategies
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