Edina, MN W. 76th Street Office

Punch & Associates provides discretionary investment management and wealth advisory services to private and institutional clients, including high‑net‑worth individuals, families, foundations, pension and profit‑sharing plans, corporations, trusts, donor advised funds and government entities. The firm also serves as investment adviser and managing member to two private funds focused on micro‑cap and nano‑cap opportunities and acts as a non‑discretionary sub‑adviser by delivering a small‑cap model portfolio to an unaffiliated registered open‑end management investment company.

The firm follows a multi‑cap, fundamentally driven and contrarian investment philosophy that emphasizes bottoms‑up research, behavioral analysis and time arbitrage across Income, Large Cap, Small Cap, All Cap, Small/Mid and micro/nano cap strategies. Portfolios are managed on a discretionary, team‑based basis and supplemented by an ongoing Wealth Advisory process; the firm documents trade allocation, liquidity management and side‑by‑side procedures (including a Trade Oversight Committee) to govern portfolio decisions and conflicts.

Punch’s brochure highlights several features that distinguish it from many peers: it operates pooled investment vehicles that charge performance‑based fees and conducts side‑by‑side management between those private funds and separately managed accounts, while disclosing specific conflict‑mitigation controls. The firm also works with other investment advisers and with an investment company as a sub‑adviser, serves government entity clients, and offers micro‑ and nano‑cap strategies to qualified investors through private placements, with policies (including controlled acceptance of material non‑public information for research) intended to manage related risks.