Zuckerman Capital Management, LLC

Zuckerman Capital Management, LLC serves individual investors — including high-net-worth clients — as well as trusts, estates, pension and profit-sharing plans, charitable organizations and businesses. The firm provides customized financial planning, investment consultation, investment supervisory services, and occasional educational workshops.

Its investment approach combines modern portfolio theory with longer-standing investment principles, with an emphasis on diversified asset allocation across styles, geographies, and market capitalizations and the use of actively managed mutual funds and ETFs. Portfolios are managed on an institutional platform with access to third-party investment managers and share classes not typically available to retail investors, and the firm describes a proprietary screening process that monitors hundreds of markets; as of December 31, 2025 it reported approximately $123.4 million in assets under management, about $106.4 million discretionary and $17 million non-discretionary.

Distinctive features disclosed in the brochure include a recent transition from state registration to SEC registration in 2026, expanded regulatory disclosures tied to that change, and that key personnel maintain limited outside industry roles — including investor-relations work for a private real estate fund and licensed insurance appointments that may generate commission income — which are disclosed as potential conflicts. The firm also notes it does not vote client proxies and references reliance on recommended custodians for trade execution and operational services, factors clients may wish to consider when comparing operational arrangements.