Persico Asset Management

The firm is a fee‑only independent advisory practice that manages roughly $90.3 million across about 88 client relationships. It provides discretionary and non‑discretionary portfolio management, financial planning, third‑party manager selection, and consulting to individuals, trusts, estates, small businesses, charitable organizations, and pension or profit‑sharing plans.

Investment work is tailored to client objectives and typically follows a core‑and‑satellite strategic asset allocation that mixes index/ETF/mutual fund core holdings with actively managed or higher‑risk satellite positions; the firm monitors portfolios and rebalances as market or client circumstances change. The firm uses a broad set of instruments — including equities, fixed income, ETFs/ETNs, options, structured notes and, upon request, margin and other borrowing in separately managed accounts — and may engage third‑party managers when appropriate.

What is noteworthy relative to peers is the explicit pension consulting practice (existing plan reviews, investment policy statement construction, model asset allocations, ongoing monitoring and participant education) and the fact that the client roster includes charitable organizations and retirement plans, services that are less common among similarly sized independent advisors. The brochure also discloses a strict fee‑only business model with no commission arrangements, the firm’s typical recommendation of a qualified custodian for execution and custody, and an acknowledgment that cash and margin positions are treated as billable assets while clients may impose restrictions on the use of margin.