Five Factor Capital Advisors

Five Factor Capital Advisors provides ongoing portfolio management and investment supervisory services to individuals, high‑net‑worth individuals, and select pension or endowment clients. The firm prepares an Investment Policy Statement for each client and implements portfolios using mutual funds, ETFs, equities, fixed income, annuities and REITs, and it retains an independent account administrator (LWI Financial) and may recommend the SA Funds managed by that administrator.

The firm’s investment framework is grounded in modern portfolio theory and a long‑term, passive‑oriented implementation that emphasizes institutional mutual funds (including Dimensional Fund Advisors) and states it does not engage in market timing or forecasting. Although discretionary authority is described in its advisory agreements, the firm reports approximately $29.9 million of assets as non‑discretionary and also discloses the use of higher‑risk instruments such as options, short sales and margin when appropriate.

Operationally, the firm requires clients to use a specific broker‑dealer for execution and relies on Schwab Institutional for custody and client statements, with the adviser not producing its own regular reports. As a solo independent adviser with 37 clients and a stated $500,000 account minimum (waivable), the combination of third‑party administrative relationships and a predominantly non‑discretionary asset base is a distinctive feature relative to many peers.