Defelice Capital Management LLC

DeFelice Capital Management LLC provides discretionary investment management and financial planning primarily for individuals, high‑net‑worth investors, and trusts, and will refer clients to third‑party advisers when a different manager’s strategy better fits a client’s needs. The firm manages a small number of client relationships and operates on a discretionary basis for all accounts.

The firm uses a two‑track offering: a General Approach that is tailored to each account and benchmarked to appropriate blended indices, and a Concentrated Approach, available only to Qualified Clients, that can concentrate holdings in a small number of securities and may employ options and margin. Portfolios are typically concentrated in a limited number of domestic large‑capitalization companies but may include foreign stocks, ETFs, and fixed income, and clients must accept specific account parameters (capital appreciation as the primary goal, a high risk tolerance, and a minimum five‑year horizon).

Compared with peers, DCM’s practice is notable for its small client base and focus on high‑net‑worth accounts rather than non‑HNW individual clients, and for maintaining a long operating history as a sole owner/operator. The brochure discloses several operational specifics that differ from many peers — for example, performance for the two approaches is reported separately, the firm acts as a solicitor with a 50/50 fee‑split when referring to third‑party advisers, and it designates the valuation of its recommended custodian as governing when other custodians are used.