Risley Capital Management LLC

Risley Capital Management is an SEC-registered independent investment adviser with approximately $163 million in assets under management that serves individual clients (including high-net-worth) and state and municipal government entities. The firm provides investment supervisory services for discretionary and non-discretionary accounts and also offers individualized consulting and separate accounting/tax-preparation services under separate agreements.

The firm develops personalized investment policies through client discussions that assess objectives, time horizon, risk tolerance and liquidity, then implements portfolios across equities, fixed income, mutual funds, ETFs and options. Its investment process combines fundamental analysis, technical/charting methods and asset-allocation principles, uses both long- and short-term trading strategies as appropriate, and conducts at least quarterly reviews of managed accounts.

What is distinctive is that, despite being a solo independent adviser, the firm manages institutional clients such as state or municipal entities in addition to individual households — a service mix that is relatively uncommon among peers. The firm also provides ancillary tax/accounting services, relies primarily on a major custodian that supplies institutional trading, research and technology support, and does not vote client proxies (clients retain responsibility for proxy voting).