Emerald Separate Account Management LLC

Emerald Separate Account Management provides discretionary management of U.S. domestic equity portfolios, with strategies focused on small-, mid- and multi-cap growth securities, and also advises private pooled investment funds available to accredited investors. As of December 31, 2025 the firm reported approximately $21.3 million in discretionary assets and serves high net worth individuals and pooled investment vehicles.

The firm’s investment process is fundamentally bottom-up and research-driven, using a documented 10-step research workflow and internal company reports to identify under-researched growth opportunities. Analysts and portfolio managers emphasize direct diligence—on-site and remote meetings with management, customers, suppliers and competitors—and produce valuation and financial models to inform buy/sell decisions.

Distinctive aspects include a relatively small asset base combined with an extensive research operation (the brochure cites roughly 2,000 company meetings per year) and a dedicated private equity fund targeting opportunities in the community banking sector. Emerald operates within a network of affiliated entities (including a mutual fund trust and institutional affiliates) and maintains formal trading governance through a Trading Procedures & Best Execution Committee that oversees broker selection and soft-dollar usage.