Leisure Capital Management, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$845,476,249
Clients
339
Advisors
5
of 10 employees
About
Leisure Capital Management, Inc. is a SEC-registered investment adviser that provides discretionary investment management and financial consulting to individuals, high-net-worth clients, trusts, estates, retirement plan participants, insurance companies, and charitable organizations. The firm reports approximately $874 million in discretionary assets under management and manages client accounts on a continuous basis while also offering a consulting service by agreement.
The firm constructs diversified portfolios using principles such as Modern Portfolio Theory and the Fama–French three-factor model, favoring long-term holdings with periodic rebalancing and employing strategies that can include dollar-cost averaging, concentrated positions, covered calls, and the use of inverse/enhanced ETFs or bond selection techniques. LCM offers a Sustainable & Responsible Investing (SRI) overlay that is implemented via mutual funds (not individual securities) and describes a multi-step screening process to screen broadly, eliminate greenwashing, and then validate fund SRI theses.
Compared with peers, LCM discloses and promotes third‑party ratings in its materials, a practice that is uncommon among similarly sized team firms, and documents a formal SRI due‑diligence approach and proxy voting policies in its brochure. The firm also describes operational practices that may be of interest to clients—such as trade aggregation and rotation procedures, quarterly account reviews and reporting, and a standard account minimum (with discretionary waivers)—which it uses to manage execution and reporting across client accounts.
Client services
Expertise
Fee options
$0 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.85% $2,000,001 - $5,000,000: 0.70% $5,000,001 - $10,000,000: 0.50% $10,000,001+: 0.30%
$200 per hour, negotiable depending on client circumstances
Account minimum: $500,000
Main office
650 Town Center Dr., Suite 880
Costa Mesa CA 92626-1989
Advisors at this office
5
Most active in
California · Louisiana · Puerto Rico · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Marr L
Series 65
Costa Mesa, CA
Leisure Capital Management, Inc.
Marr Leisure is a Series 65-licensed financial advisor with 22 years of industry experience. He has been with Leisure Capital Management, Inc. since 2002. Leisure Capital Management serves individual and high-net-worth clients, trusts, estates, charitable organizations, insurance companies, and retirement plan participants. The firm focuses on discretionary investment management with an emphasis on diversification and long-term holding, integrating Modern Portfolio Theory, the Fama-French three-factor model, and fundamental and cyclical security analysis.
Raymond R
CFA®
Costa Mesa, CA
Leisure Capital Management, Inc.
Raymond Robinson is a CFA® charterholder at Leisure Capital Management, Inc. in Costa Mesa, CA, with 18 years of industry experience. He has been with Leisure Capital Management since 2002. Leisure Capital Management serves individual and high-net-worth clients, trusts, estates, charitable organizations, insurance companies, and retirement plan participants, focusing primarily on discretionary investment management. The firm employs a diversified, long-term investment approach that integrates Modern Portfolio Theory and the Fama-French three-factor model alongside fundamental and cyclical security analysis.
Eric S
Series 66
Costa Mesa, CA
Leisure Capital Management, Inc.
Eric Shute is a financial advisor at Leisure Capital Management, Inc. in Costa Mesa, CA, holding a Series 66 designation with 12 years of industry experience. He previously worked at UBS Financial Services for 10 years before joining Leisure Capital Management in 2023. Leisure Capital Management serves individual and high-net-worth clients, as well as trusts, estates, charitable organizations, insurance companies, and retirement plan participants. The firm emphasizes diversification and long-term holding in its discretionary investment management, employing Modern Portfolio Theory, the Fama-French three-factor model, and fundamental security analysis.
Patrick M
CFA®
Costa Mesa, CA
Leisure Capital Management, Inc.
Patrick Maxwell is a CFA charterholder with 11 years of industry experience. He has been with Leisure Capital Management, Inc. since 2014. The firm serves individual and high-net-worth clients, as well as trusts, estates, charitable organizations, insurance companies, and retirement plan participants. Leisure Capital Management emphasizes diversification and long-term holding using a combination of Modern Portfolio Theory, the Fama-French three-factor model, and fundamental and cyclical security analysis.
Gideon B
CFA®, Series 63
Costa Mesa, CA
Leisure Capital Management, Inc.
Gideon Bernstein is a CFA® charterholder with 22 years of industry experience. He has been with Leisure Capital Management, Inc. since 2002 and currently practices in Costa Mesa, CA. Leisure Capital Management serves a diverse client base including individuals, high-net-worth clients, trusts, estates, charitable organizations, insurance companies, and retirement plan participants. The firm emphasizes diversification and long-term holding in its discretionary investment management, applying Modern Portfolio Theory, the Fama-French three-factor model, and fundamental and cyclical security analysis.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor's Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and referrals are provided by FinanceHQ LLC ("FHQ"), a wholly-owned subsidiary of Warmer and an SEC-registered investment adviser. We may be compensated by participating advisors. You pay no fee to use our matching service, and advisor fees are not increased because of a referral. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to the Warmer Terms of Service and FHQ Advisory Agreement, and acknowledge Warmer's Privacy Policy. Please review FHQ's ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")