Bernzott Capital Advisors

Bernzott Capital Advisors provides discretionary investment management and retirement-plan advisory services to individuals, institutional clients, and other pooled or separate account sponsors, managing approximately $265 million in client assets. The firm delivers separately managed account strategies, client reporting at least quarterly, and fiduciary reviews for retirement account rollovers.

The firm follows a bottom-up, value-oriented investment process with a long-term horizon, emphasizing concentrated portfolios constructed from fundamental company analysis, conservative valuation methods, and collaborative team decision-making. Core offerings include a US small-cap value strategy (typically 25–35 holdings) and customized multi-asset-class portfolios that may include bonds, ETFs, and non-public mortgage REITs.

Bernzott’s brochure discloses an uncommon emphasis on working with other registered investment advisers: it provides model portfolios and both discretionary and non-discretionary management to unaffiliated “Principal Advisors,” with fee-sharing arrangements and a disclosed model-service fee. The brochure also highlights the firm’s client performance reporting and website updates as part of its client communications and discloses practices (such as standing letters of authorization) that may cause the firm to be deemed to have limited custody under SEC guidance.