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 provides discretionary investment management and consulting to individuals (including high‑net‑worth clients), trusts and estates, retirement plan participants, insurance companies, and charitable organizations. The firm reports about $874 million in discretionary assets under management and generally requires a $500,000 account minimum while charging advisory fees based on a percentage of assets under management.
Portfolios are built around diversification and asset allocation, with the firm citing Modern Portfolio Theory and the Fama‑French three‑factor model as framework inputs and relying on fundamental and cyclical analysis for security selection across equities, fixed income, mutual funds, and ETFs. The firm emphasizes long‑term holding and rebalancing, may use covered calls and inverse/enhanced funds in specific strategies, and offers a Sustainable & Responsible Investing overlay that is limited to mutual funds and uses a multi‑step screening process to address greenwashing concerns.
What sets the firm apart from many peers is its public reference to third‑party ratings, an uncommon disclosure among similar team firms, combined with an absence of comprehensive, ongoing financial planning services — instead offering consulting on an hourly, project basis. The firm operates with a small team (five advisors) managing the reported AUM, notes occasional reduced fees for nonprofit and employee/family accounts, and maintains detailed policies on trade aggregation, proxy voting, and recommended custodial relationships.
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
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
Arizona · California · Colorado · Louisiana · Puerto Rico · Texas · Washington
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:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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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. The firm provides discretionary investment management and consulting services to individuals, trusts and estates, retirement plan participants, insurance companies, and charitable organizations. Leisure Capital Management manages approximately $874 million in discretionary assets and focuses on diversified portfolios using Modern Portfolio Theory and the Fama-French three-factor model, emphasizing long-term holding and rebalancing.
Raymond R
CFA®
Costa Mesa, CA
Leisure Capital Management, Inc.
Raymond Robinson is a CFA® charterholder with 18 years of industry experience. He has been with Leisure Capital Management, Inc. since 2002. Leisure Capital Management provides discretionary investment management and consulting to individuals, trusts and estates, retirement plan participants, insurance companies, and charitable organizations. The firm manages approximately $874 million in discretionary assets and focuses on diversified portfolios using Modern Portfolio Theory and the Fama-French three-factor model, with an emphasis on long-term holding and rebalancing.
Eric S
Series 66
Costa Mesa, CA
Leisure Capital Management, Inc.
Eric Shute is a financial advisor with Leisure Capital Management, Inc. in Costa Mesa, CA, holding a Series 66 designation and 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 provides discretionary investment management and consulting to individuals, trusts and estates, retirement plan participants, insurance companies, and charitable organizations. The firm emphasizes diversification and asset allocation using Modern Portfolio Theory and the Fama-French three-factor model, and offers a Sustainable & Responsible Investing overlay with a multi-step screening process.
Patrick M
CFA®
Costa Mesa, CA
Leisure Capital Management, Inc.
Patrick Maxwell is a CFA® charterholder with 12 years of experience in the financial industry. He has been with Leisure Capital Management, Inc. since 2014, contributing to the firm’s advisory services for eight years in his current role. Leisure Capital Management provides discretionary investment management and consulting to individuals, trusts, retirement plans, insurance companies, and charitable organizations. The firm emphasizes diversified portfolios based on Modern Portfolio Theory and the Fama-French three-factor model, employing fundamental and cyclical analysis across multiple asset classes.
Gideon B
CFA®, Series 63
Costa Mesa, CA
Leisure Capital Management, Inc.
Gideon Bernstein is a CFA® charterholder and Series 63 licensee with 22 years of industry experience. He has been with Leisure Capital Management, Inc. since 2002, serving as part of a team of five advisors in Costa Mesa, CA. Leisure Capital Management provides discretionary investment management and consulting to individuals, trusts and estates, retirement plans, insurance companies, and charitable organizations. The firm employs diversified portfolios based on Modern Portfolio Theory and the Fama-French three-factor model, incorporating fundamental and cyclical analysis, with a focus on long-term holding and rebalancing.
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