Customers' Yachts Advisers, Inc.

Customers' Yachts Advisers is a fee‑only independent adviser that provides discretionary portfolio management to a small client base, including individuals, IRAs, pension plans, foundations and corporations, managing around $7 million in client assets. The firm focuses on long‑term portfolio management rather than tax preparation or frequent account reviews.

The investment approach is a global, equity‑oriented “strong hands” strategy implemented largely through low‑cost exchange‑traded funds to gain broad asset‑class exposure, with allowance for drift and infrequent rebalancing. The firm notes it may hold substantial cash positions (at times 20% or more), avoid entire regions when it perceives information asymmetry, and accepts that trading and other costs can cause performance to lag benchmarks.

Noteworthy features include operation as a very small practice led by a senior investment professional with a background in valuation, structured products and market‑making plus advanced credentials and patents in valuation/risk management. The firm also discloses some uncommon operational choices for its size — it does not vote client proxies, does not provide ongoing tax preparation, does not perform periodic reviews unless requested, and collects device/biometric and real‑time location data for authentication and service purposes while recommending clients use discount broker‑dealers (with attendant inactivity‑fee and best‑execution tradeoffs).