Anchor Capital

Anchor Capital provides investment management and advisory services to a mix of individual clients (including high net worth individuals), trusts, estates, retirement plans, business entities, charitable organizations, and pooled investment vehicles. The firm primarily implements client portfolios by allocating assets into its Risk Managed Mutual Funds, Total Solution Portfolios, and customized risk-managed portfolios, and it also participates in unified managed account (UMA) programs and sub-advisory relationships.

The firm’s investment approach emphasizes risk-managed, relatively unconstrained strategies intended to seek total return and non-correlation by allocating across ETFs, affiliated mutual funds and, when used, derivatives; Anchor Capital describes using technical and quantitative analysis and volatility/trend models to adjust allocations and smooth portfolio returns. Portfolios are typically managed on a discretionary basis and tailored to client suitability, with ongoing reviews of financial condition, goals and risk tolerance.

Anchor Capital’s structure is notable for acting as investment adviser to a series of affiliated registered funds (the Anchor Risk Managed Funds) and for serving investment company clients, which helps explain a relatively large AUM relative to its small number of advisory relationships (about $309.6 million across 29 clients). The brochure also discloses operational details that distinguish the firm from many peers, including use of soft-dollar commission-sharing arrangements, an advisor share class that avoids 12b‑1 fees, and participation in UMA platforms without a separate UMA platform fee.