Munakata Associates LLC

Munakata Associates provides general investment advisory and portfolio management services to high‑net‑worth individuals, charitable foundations, and trusts. Accounts are managed directly by the firm’s investment advisor and tailored through ongoing discussions about risk tolerance, investment goals, personal economic and demographic factors, and client‑imposed restrictions.

The firm uses a mix of security analysis techniques — including charting, fundamental and technical analysis, and cyclical analysis — and implements strategies based on each client’s stated objectives, exercising discretionary authority consistent with those objectives. Client accounts are reviewed on a regular basis (no less than weekly), and the adviser bills fees quarterly in arrears while allowing clients to select their own custodians and brokers.

Munakata manages roughly $59.2 million for a very small client base (five clients), resulting in an unusually high assets‑per‑client profile and an exclusive focus on HNW clients rather than non‑HNW individuals. The firm has undergone regulatory scrutiny — including a $50,000 SEC civil penalty related to an inadvertent custody‑rule violation — has engaged a PCAOB‑qualified auditor for surprise audits, and allows client‑directed brokerage and does not aggregate orders, practices that distinguish its custody oversight and trade execution approach from many peers.