Castleton Partners, LLC

Castleton Partners is a fee‑only investment adviser that primarily provides fixed‑income asset management to high‑net‑worth individuals and offers portfolio consulting and concierge review services; it also accepts trusts, estates, charitable organizations, corporations and other business entities. The firm manages roughly $142 million in client assets across both discretionary and non‑discretionary mandates and documents client objectives and constraints in written investment policy statements.

The firm's investment approach centers on an Investment Grade Fixed Income Strategy that emphasizes municipal securities and corporate debt, with credit analysis, long‑term holdings, ongoing monitoring and periodic rebalancing. Castleton also runs more actively managed Special Strategies—including high‑yield and distressed opportunities purchased at discounts to par—and may use sub‑advisers; for certain eligible clients it negotiates performance‑based fees and describes procedures to manage the attendant conflicts.

Distinctive elements relative to peers include the use of performance‑based fees and an explicit client mix that includes charitable organizations, corporate/business clients and institutional mandates, which are statistically uncommon for independent advisers of this type. The firm also offers concierge services, uses an institutional platform for execution and research, and discloses specific policies for side‑by‑side management, valuation and handling of trade errors (including the donation of net trade‑error profits in certain accounts).