Frontenac Partners, L.L.C.

Frontenac Partners provides discretionary portfolio management to high‑net‑worth individual clients, focusing on balanced accounts that include stocks, bonds, cash and commodities. The firm’s advisory services are governed by individualized investment guidelines and are supported by one managing member and a single associate, with approximately $27.5 million in discretionary assets reported as of December 2023.

The firm emphasizes asset allocation and a range of analytical approaches — fundamental, technical, quantitative, cyclical and qualitative — and sets flexible target ranges for equities, bonds, cash and commodities to reflect client goals and volatility. The brochure highlights the use of inflation‑sensitive instruments (floating‑rate preferreds and mutual funds, specialty metal funds, floating syndicated bank loans and TIPS) to gain exposure to certain markets, and notes that the adviser, in a way that is uncommon among peers, may employ derivatives within separately managed accounts.

Distinctive features include a long institutional pedigree and professional credentials at the firm’s senior level and a stated practice of delivering quarterly investment letters and individualized account reports with benchmark comparisons via a third‑party provider. The firm also discloses limited outside affiliations, does not accept commissions or performance‑based fees, and serves only high‑net‑worth individuals rather than lower‑net‑worth retail clients.