Bustamante & Co

The firm provides discretionary investment management primarily through separately managed accounts to individuals, high‑net‑worth clients, trusts, estates, corporations and other business entities; it reports roughly $3.5 million in discretionary assets across a very small client base. The firm does not offer financial planning or selection of other investment advisers.

Investment decisions are driven by fundamental research with a concentrated portfolio approach—typically a small number of core positions—using event‑driven ideas, macro analysis and, at times, derivatives and sizable cash allocations. The firm operates both standard asset‑management accounts and a separate long/short equity program that is available only to qualified/accredited clients and is billed on a performance basis, and it describes procedures to address the conflicts that can arise from managing both fee types side‑by‑side.

What is distinctive for a solo independent adviser of this size is the combination of performance‑based arrangements (a relatively uncommon practice among peers) together with serving non‑retail entities and using an affiliated boutique business broker/holding company for referrals and related services, which the brochure discloses as a potential conflict. The firm trades through major custodians and may aggregate orders across accounts; its concentrated, active trading style and the presence of performance allocations are notable operational features for prospective clients to consider.