Adestella Investment Management LLC

Adestella provides discretionary portfolio management for high‑net‑worth individuals, families, trusts, foundations, endowments, private funds, and other investment advisers, and it also manages a proprietary investment vehicle. The firm additionally offers investment analysis and financial modeling to an institutional advisory client, though that client retains discretion over whether to act on recommended ideas.

The firm follows a long‑biased, value‑driven approach that emphasizes independent, primary research and concentrated security selection, typically constructing portfolios of roughly 20–30 companies with position sizes generally guided by expected internal rates of return. To implement its strategies Adestella maintains flexible authority to invest across equities, ETFs, options and other derivatives, and it may obtain short exposure using liquid indices or ETFs.

Compared with many peers, Adestella employs several less common practices: it may charge performance‑based fees for qualified clients subject to a high‑water mark and hurdle, it has the ability to use borrowing or margin in client accounts in certain circumstances, and it uses derivatives within separately managed accounts. The firm also generally does not vote client proxies—clients receive proxy materials directly—and concentrates on serving high‑net‑worth and institutional relationships rather than non‑HNW retail clients.