Phoenix Investment

Phoenix Investment is a small independent registered investment adviser that provides tailored, non‑discretionary portfolio management and pension consulting to a limited number of clients, including individual investors, corporations, and employee benefit plans. The firm's brochure reports it manages non‑discretionary assets (reported as $34,221,150 as of December 31, 2022) and describes services for both individual accounts and retirement plan clients.

The firm emphasizes non‑discretionary advice, requiring client approval before executing transactions, and typically recommends mutual funds while using a mix of fundamental, technical, and Modern Portfolio Theory analyses to construct portfolios. Its pension consulting work is described as advisory and plan‑level in scope — including plan reviews, fund selection, and ongoing performance monitoring — with the plan sponsor or named fiduciary retaining final decision authority.

What is distinctive is the firm’s affiliation with an actuarial/pension‑administration affiliate (California Actuarial Consultants) and its explicit focus on pension consulting and pension or profit‑sharing plan clients, a service mix that is relatively uncommon for independent advisers of this size. Combined with a very small client base and primarily non‑discretionary arrangements, the firm’s practice leans toward concentrated, consultative relationships rather than broad discretionary portfolio management.