Jaffe Asset Management LLC

Jaffe Asset Management provides discretionary investment advisory, supervisory, and portfolio management services to individuals, trusts, endowments, pension and corporate clients, overseeing roughly $116 million across a relatively small client base. The firm generally offers ongoing portfolio management rather than standalone financial planning and uses mutual funds, ETFs, fixed income and equities as primary holdings.

Investment decisions are driven by a blend of strategic and tactical asset allocation informed by an adaptation of value-investing principles, with emphasis on selecting complementary fund managers. The adviser conducts periodic account reviews (monthly to quarterly plus a strategic review every four months), maintains regular client contact, and uses a mix of traditional research and independent sources, including Morningstar and academic or policy-oriented publications and podcasts.

Notable operational features include a long-standing shift (since 2005) to managing principally with mutual funds and ETFs, a firm policy of directing clients to a single recommended custodian (Charles Schwab) for execution and custody, and a general practice not to aggregate most client trades. The firm also does not vote client proxies, may act as an intermediary for certain non-managed account transactions in limited circumstances, and at its discretion waives management fees for the principal’s immediate family and occasionally manages smaller accounts pro bono.