Longest & Young, LLC

The firm serves individual investors—including high-net-worth clients—along with pension and profit-sharing plans and 501(c)(3) nonprofit organizations, providing discretionary portfolio management, financial planning, and consulting. It manages client accounts on an institutional custodial platform and provides periodic account reporting and planning engagements on an hourly basis.

Investment decisions are guided primarily by fundamental analysis and a goals-based, long-term orientation, with customized asset allocation and portfolio construction tied to each client’s risk tolerance. The firm may rebalance or trade more actively when needed and may employ margin, options strategies and short sales in managing concentrated portfolios or addressing tactical needs.

A distinctive feature is the firm’s affiliation with an in-house accounting practice: the owner operates an affiliated CPA firm that provides tax preparation services to some clients, a relationship the firm discloses and indicates it does not consider a material conflict. The firm is small and supported (two advisors, roughly mid-single-digit millions in assets under management) and maintains an institutional relationship with a custodian that provides software and support to the adviser.