Joseph M. Presti Investments

The firm is a fee‑based, state‑registered sole proprietorship that provides discretionary and non‑discretionary portfolio management to individuals, high‑net‑worth individuals, institutions and trusts. It manages roughly $3.0 million across six client accounts and does not participate in wrap fee programs.

The investment approach emphasizes value and business‑perspective investing with a multi‑year horizon (typically three to seven years), favoring long‑term ownership of equity securities identified through proprietary quantitative screens and detailed fundamental analysis. The firm also pursues special situations (liquidation opportunities, spin‑offs, risk arbitrage), may hold significant cash or short‑term fixed‑income to preserve optionality, and generally recommends that clients limit the portion of their investable assets managed by the firm (typically no more than 25%).

Noteworthy aspects include the firm’s very small scale and concentrated client base combined with a maintained proprietary database of several hundred screened equities, which is atypical for firms of this size. The firm discloses and records personal trading in securities it recommends, does not charge performance‑based fees, generally avoids margin and short selling unless explicitly instructed in writing, and uses documented fee‑deduction safeguards that provide concurrent invoice delivery to both client and custodian.