Cove Fort Capital, LLC

Cove Fort Capital provides ongoing, fee-only discretionary portfolio management to individuals, retirement accounts, trusts, foundations and similar clients under an Investment Management Agreement; the firm notes a $750,000 account minimum that may be waived in certain circumstances. Services include portfolio construction and implementation across mutual funds, ETFs, individual equities, fixed income and derivative contracts, with fee billing typically deducted by the custodian.

The firm favors long-term investment horizons and combines fundamental, technical and quantitative research — including a proprietary securities-analysis methodology — to tailor portfolios and determine timing and allocations; portfolios are actively monitored and rebalanced and the adviser generally avoids short-term speculative strategies. Cove Fort Capital may use options, futures and other derivatives (including leveraged ETFs if authorized) primarily as hedges rather than for speculation, and it may employ tactical allocation alongside a value-oriented emphasis.

What is atypical for a firm of this size is that Cove Fort Capital may enter performance-based fee arrangements for accredited or otherwise qualified clients; the brochure sets out a 20% fee on capital appreciation, assessed quarterly with a high‑water mark and a four‑quarter look‑back, although it currently reports no client performance‑fee arrangements. The firm also operates with modest regulatory AUM (about $5.1 million) and two advisory professionals, and the founder maintains part‑time accounting and IRS tax‑preparation activities that the brochure says are available to clients but are not required.