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Palouse Capital Management, Inc.

Updated today

Client assets under management

$398,379,008

Clients

877

5% high-net-worth

Advisors

4

of 4 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

219

Very High

Average account size

$454,252

About

Palouse Capital Management provides discretionary portfolio management for individuals, corporations, pension plans, endowments, and foundations, using equities, fixed income, mutual funds and ETFs. The firm also serves as a sub‑advisor in wrap-fee programs and supplies model portfolios to other financial firms, operating both discretionary accounts and non‑discretionary model relationships.

PCM’s investment process combines top‑down analysis of economic and cyclical conditions with bottom‑up fundamental research, applying valuation metrics and selected technical factors to entry and exit decisions. The firm offers distinct strategies (small/mid value, large‑cap value, total return, diversified income, all‑cap tilt and ETF model portfolios) and monitors positions continuously, adjusting allocations as market conditions and relative value change.

What is distinctive about PCM is the size and structure of its business mix: as of December 31, 2025 it reported about $408.5 million in regulatory assets under management split between roughly $174.2 million in discretionary assets (321 accounts) and $234.3 million in non‑discretionary/model assets (629 accounts). The firm is affiliated with other registered advisers and a turnkey service provider, and participates in sponsored wrap programs (Masters and DMA through Wells Fargo), reflecting a business model that leans heavily on model delivery and program relationships in addition to separately managed accounts.

Client services

Portfolio management
Investment recommendations to model program sponsors

Expertise

Active portfolio management Passive / index investing

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Fee options

Percentage

$0 - $10 Million: 0.85% $10 Million - $25 Million: 0.80% $25 Million+: Negotiable $0 - $5 Million: 0.75% $5 Million+: 0.50% $0 - $5 Million: 0.60% $5 Million+: 0.40%

Other

Account minimum: $100,000

Main office location

Palouse Capital Management, Inc.

1212 N Washington Street, Suite 300

Spokane WA 99201, United States

Number of offices

3

Most active in

Arizona · California · Colorado · Florida · Idaho · Kentucky · Louisiana · Minnesota · Montana · New York · Oregon · South Carolina · Texas · Washington · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Jamie L

Series 65

Stanwood, WA

Palouse Capital Management, Inc.

Jamie Low is a financial advisor at Palouse Capital Management, Inc. with 17 years of industry experience. He holds a Series 65 designation and has worked with Palouse Capital since 2025. In addition to his advisory role, he serves as a QuickBase Administrator for American Power Systems, LLC, a company specializing in DC power solutions. Palouse Capital Management provides discretionary investment management to individuals, corporations, pension plans, endowments, and foundations, as well as model-portfolio recommendations to other financial firms. The firm combines macro and cyclical analysis with fundamental research to create customized portfolios and offers a range of named strategies while managing both discretionary and model assets.

Active portfolio management Passive / index investing
user avatar

Spencer S

CFA®, Series 65

Spokane, WA

Palouse Capital Management, Inc.

Spencer Shelman is a CFA® charterholder with 16 years of industry experience. He has been with Palouse Capital Management, Inc. since 2015. The firm offers discretionary investment management services to individuals, corporations, pension plans, endowments, and foundations, and provides model-portfolio recommendations to other financial firms. Palouse Capital Management combines top-down macro and cyclical analysis with bottom-up fundamental research to construct individually managed portfolios and supports a range of named strategies while also serving as a sub-adviser in wrap-fee programs.

Active portfolio management Passive / index investing
user avatar

Devin P

Series 63, Series 65

Spokane, WA

Palouse Capital Management, Inc.

Devin Paine is a financial advisor at Palouse Capital Management, Inc. with four years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Primerica Advisors and Primerica Financial Services. Prior to his financial career, he spent 13 years at Intel. Paine is also the owner of The Success Promise, LLC, a business entity formed for investment-related purposes. Palouse Capital Management provides discretionary investment management and model-portfolio recommendations to individuals, corporations, pension plans, endowments, and foundations. The firm combines top-down macro and cyclical analysis with bottom-up fundamental research to construct individually managed portfolios and serves both discretionary and non-discretionary clients.

Active portfolio management Passive / index investing
user avatar

John K

Series 65

Spokane, WA

Palouse Capital Management, Inc.

John Krehbiel is a financial advisor at Palouse Capital Management, Inc. with 32 years of industry experience. He holds a Series 65 designation and has been with Palouse Capital Management since 2024, also maintaining a long-term affiliation with Interfund Management Services, Inc. since 1993. Palouse Capital Management provides discretionary investment management to individuals, corporations, pension plans, endowments, and foundations, as well as model-portfolio recommendations to other financial firms. The firm employs a combination of top-down macro and cyclical analysis with bottom-up fundamental research to construct individually managed portfolios and offers a range of named strategies while also serving as a model provider to third-party program sponsors.

Active portfolio management Passive / index investing
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