Phocas Financial Corporation
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Phocas Financial Corporation is an SEC‑registered investment adviser that primarily manages pooled and institutional accounts and a limited number of separate accounts for individuals and other advisers. The firm offers U.S. small‑cap value, REIT, and equity‑income strategies and reports managing roughly $683 million on a discretionary basis.
Phocas’s investment process emphasizes fundamental research, sector‑peer decile ranking algorithms, and ratio analyses to identify and value candidates, with a stated goal of delivering long‑term returns with low turnover and moderate risk. Portfolios are managed on a discretionary basis, reviewed at least monthly, and the firm relies on third‑party data and an outsourced operations provider for trade matching, recordkeeping, valuations, and performance analysis.
Compared with many peers, Phocas is a minority‑owned emerging institutional manager with a small advisory team overseeing a concentrated set of clients, and its client list explicitly includes state and municipal government entities. The firm also uses and discloses hypothetical performance in its materials and notes the attendant reliance on third‑party data sources for index creation and performance analytics.
Client services
Expertise
Fee options
$0+: 1.0% per annum for Private Wealth Management Clients $10,000,000+: 1.0% per annum for Institutional Clients for each strategy: U.S. Small Cap Value, REITs, Equity Income
Account minimum: $1,000,000 for Individuals; $10,000,000 for Institutional clients (minimums may be waived under certain circumstances) Fee-only: Percentage of assets under management, billed quarterly in arrears, fees are negotiable and vary according to arrangement.
Main office
See office980 Atlantic Avenue, Suite 106
Alameda CA 94501
Advisors at this office
1
Offices (3)
Most active in
California · Florida
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
James M
CFA®, Series 63
Alameda, CA
Phocas Financial Corporation
James Murray is a CFA® charterholder with 17 years of industry experience. He has been with Phocas Financial Corporation since 2005. The firm provides discretionary investment advisory and portfolio management services to institutional and private clients, including pooled investment vehicles and government entities. Phocas emphasizes fundamental research combined with quantitative analysis, managing strategies such as U.S. Small Cap Value, REITs, and Equity Income, and is noted for its minority-owned status and service to a select client base.
Justin W
CFA®
Santa Monica, CA
Phocas Financial Corporation
Justin Wallace is a CFA® charterholder with one year of industry experience, currently serving at Phocas Financial Corporation since 2013. He is based in Santa Monica, CA, and works within a team of four advisors at the firm. Phocas Financial Corporation provides discretionary investment advisory and portfolio management services to institutional and private clients, including individuals, corporate plans, pooled investment vehicles, and government entities. The firm employs a fundamental research and valuation approach combined with quantitative tools, focusing on low turnover and moderate portfolio risk.
William S
CFP®, CFA®, Series 63, Series 65
Alameda, CA
Phocas Financial Corporation
William Schaff is a CFP® and CFA® with 22 years of industry experience. He has been with Phocas Financial Corporation since 2005 and previously worked at Anira Advisory Group, LLC and Bay Isle Financial LLC. Phocas Financial Corporation is an SEC-registered investment adviser that manages pooled and institutional accounts, as well as a limited number of separate accounts for individuals and other advisers. The firm specializes in U.S. small-cap value, REIT, and equity-income strategies, employing fundamental research and quantitative ranking methods to manage portfolios on a discretionary basis.
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