JFD Capital, LLC

JFD Capital is a small independent registered investment adviser that provides ongoing, tailored portfolio management primarily to high‑net‑worth individuals. The firm documents clients’ goals and risk tolerances with investment policy statements, typically offers discretionary management, and limits its advice mainly to equities and fixed‑income securities while not participating in wrap fee programs.

The firm follows a bottom‑up, fundamental research process focused on identifying undervalued companies and building a concentrated core portfolio supplemented occasionally with higher‑risk ideas; fixed‑income needs are generally met with highly liquid bond ETFs or similar instruments. As a long‑only manager, JFD Capital also may employ limited hedging tools (protective puts) and covered‑call strategies and conducts regular monitoring and rebalancing against each client’s documented risk profile.

What distinguishes JFD Capital from many peers is that it offers performance‑based fee arrangements to qualified clients, a relatively uncommon practice among independent advisers; the firm acknowledges the attendant conflicts and states policies to allocate investment opportunities equitably between performance‑fee and non‑performance‑fee accounts and to comply with applicable regulatory requirements. The firm operates as a solo advisory practice with approximately $18 million in discretionary assets under management, requires custody through a major institutional custodian, and discloses receipt of certain research and practice‑support benefits from that custodian.