Ethical Capital

Ethical Capital is an independent, single-advisor registered investment adviser that manages approximately $3.7 million on a discretionary basis for about 58 client households. It provides portfolio management for individuals and high-net-worth clients, offers sub‑advisory services and outsourced strategy development to other registered investment advisers and institutional clients, and runs occasional educational workshops.

The firm’s investment process begins with a proprietary, values‑based exclusion framework and a public exclusions database; from an eligible universe it applies fundamental analysis across multiple dimensions and an adversarial review, then assigns securities a TICK score for portfolio construction. The firm uses AI-assisted screening, research compilation, and monitoring tools as inputs, but final investment decisions, periodic rebalancing (generally monthly), and client reviews are completed by the firm’s CIO, and clients set their meeting cadence.

Compared with peers, Ethical Capital publishes its historical track record under the SEC Marketing Rule and makes research and its exclusions methodology publicly available under a Creative Commons license, practices that are uncommon for solo independent advisers. It also combines institutional-facing services (model portfolios and sub‑advisory relationships), a proprietary technology stack for research and portfolio management, and a default meeting‑recording and communications‑retention policy that together distinguish its operating practices from many similar firms.