Pflug Koory, LLC

Pflug Koory, LLC provides discretionary and non‑discretionary investment management and related consulting to individuals (including both high‑net‑worth and non‑HNW clients), as well as businesses, trusts, charitable foundations, and retirement plans. The firm’s client services include developing investment policies, placing and reconciling trades, ongoing portfolio monitoring, quarterly written appraisals, client education, and assistance with income tax preparation.

The firm’s investment approach is fundamentally driven and valuation‑focused—described internally as buying and selling “when the math makes sense”—with primary emphasis on stocks, bonds, and mutual funds. Managers perform fundamental research, favor no‑load mutual funds with expense ratios below peer averages when efficient, and seek to limit trading costs (including buying fixed‑income securities from issuers or primary market makers when practical); portfolios are reviewed continuously and reported quarterly.

Pflug Koory is run by a compact advisory team managing roughly $347 million for about 122 clients, producing a high assets‑under‑advisor ratio and a large discretionary share of assets (approximately $325 million discretionary). The firm maintains written policies for proxy voting and conflicts of interest, does not accept commissions or performance fees, and offers hourly consulting and internal account reconciliation—operational characteristics that distinguish its model among similarly supported firms.