Black Mountain, NC Office

California Capital Management provides investment advisory services to individuals (including both non-high-net-worth and high-net-worth clients), trusts, pension plans, and corporate entities. The firm delivers comprehensive portfolio management through a wrap fee program as well as retirement plan consulting, managing roughly $358 million in discretionary assets for its client base of several hundred accounts served by a small advisory team.

Investment programs are customized to each client’s time horizon, risk tolerance and goals and may include ETFs, mutual funds, individual equities and fixed income, along with derivatives and option-writing across short-, intermediate- and long-term time frames. Wrap accounts are managed on a discretionary basis, and the firm states it will act in an ERISA fiduciary capacity when engaged for retirement plan services.

Noteworthy distinctions include the firm’s role as a sponsor of a wrap fee program and its disclosed use of client testimonials in advertising—both features that are uncommon among similarly sized team firms. The brochure also discloses that some representatives engage in outside brokerage and insurance sales, and it describes policies (a Code of Ethics, personal-trading controls, and custodial/prime-broker arrangements) intended to identify and manage the resulting conflicts of interest.