Borger Capital Management LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Borger Capital Management LLC is a state‑registered investment adviser formed in 2022 that provides asset and portfolio management, comprehensive financial and retirement planning, insurance planning, cash‑flow analysis, and one‑time consulting to individuals, families, and small business owners. As of January 22, 2026, the firm reported $4,451,025 in discretionary assets under management across roughly 26 client relationships and offers both discretionary and non‑discretionary engagements.
The firm’s investment process blends charting, fundamental, technical, and cyclical analysis and may employ long‑ and short‑term purchases, margin, option writing, and concentrated sector allocations as appropriate to client objectives. A core feature of BCM’s strategies is frequent use of high concentrations in precious‑metals related positions—including mining equities, royalty/streaming companies, bullion trusts and commodity‑linked instruments—which the brochure warns can produce materially different returns and requires a separate Precious Metals Concentration Risk Acknowledgment.
Compared with many supported peers, BCM is small in scale (three advisors, low millions in AUM) yet explicitly structured around a concentrated precious‑metals strategy and related business relationships that can generate separate compensation: the principal devotes a substantial portion of professional time to insurance brokerage through an affiliated marketing organization, and the firm is affiliated with an entity for precious‑metals sales. The brochure also notes recent operational developments—addition of a Chief Compliance Officer, expanded state registration (Florida), and use of Interactive Brokers as custodian with limited fee‑deduction authority—that prospective clients may weigh when comparing advisory arrangements.
Client services
Expertise
Fee options
$0 - $250,000: 1.35% $250,000 - $1,000,000: 1.00% $1,000,000 - $3,000,000: 0.85% $3,000,000 - $10,000,000: 0.65% $10,000,000+: 0.45%
$300 per hour for financial consulting services
Minimum fee: Minimum annual advisory fee of $1,800 for portfolio management services, subject to negotiation Fee-only: Hourly consulting services billed at $300 per hour
Main office
See office1606 Meadowview Road
Wausau WI 54403
Advisors at this office
1
Offices (3)
Most active in
California · Florida · Wisconsin
Also doing business as
Borger Capital Management · Borger Capital Management LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Ludger B
Series 63, Series 65
Wausau, WI
Borger Capital Management LLC
Ludger Borger is a financial advisor at Borger Capital Management LLC with five years of industry experience. He holds Series 63 and Series 65 licenses and has worked previously with New York Life and Knights of Columbus. Borger is also involved in insurance sales, precious metals sales and consulting, and real estate consulting. Borger Capital Management LLC is a state-registered investment adviser that serves individuals, families, and small business owners with asset management, financial planning, and insurance planning. The firm’s investment approach includes charting, fundamental, technical, and cyclical analysis, with a notable focus on concentrated positions in precious metals and related instruments.
Carlos S
Series 63, Series 65
Apopka, FL
Borger Capital Management LLC
Carlos Sacasa is a financial advisor with Borger Capital Management LLC in Apopka, Florida. He holds Series 63 and Series 65 credentials and has two years of industry experience, including prior roles at LPL Enterprise and The Prudential Insurance Company of America. Outside of his advisory work, he is involved in non-investment activities such as eBay sales and collecting royalties from copyrighted material. Borger Capital Management LLC is a state-registered investment adviser that provides asset and portfolio management, financial and retirement planning, insurance planning, and consulting services to individuals, families, and small business owners. The firm employs a concentrated precious-metals strategy using a blend of fundamental, technical, and cyclical analysis across discretionary and non-discretionary engagements.
Todd G
Series 66
Appleton, WI
Borger Capital Management LLC
Todd Glime is a financial advisor at Borger Capital Management LLC in Appleton, WI, with 21 years of industry experience. He holds a Series 66 designation and has previously worked at Sequent Planning, LLC and Futurity First Insurance Group. In addition to his advisory role, he spends a significant portion of his professional time in insurance brokerage through an affiliated marketing organization. Borger Capital Management LLC is a state-registered investment adviser formed in 2022, serving individuals, families, and small business owners with asset and portfolio management, financial and retirement planning, and insurance planning. The firm employs a strategy focused on precious-metals related positions and incorporates charting, fundamental, technical, and cyclical analysis in its investment process.
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