Kokua Capital Management

Kokua Capital Management (operating as a dba of Chapman Financial Group after a 2024 combination) provides discretionary wealth management to individual clients, including high‑net‑worth households, and also serves as a fixed‑income sub‑advisor to other investment advisory firms through separately managed account programs. Services include ongoing portfolio management across equities, mutual funds and ETFs, municipal and corporate fixed income, and access to options and structured products.

The firm follows an actively managed, longer‑term approach that leverages both fundamental and technical analysis, and it offers distinct fixed‑income sleeves — Core Municipal, Core Taxable, Total Return Taxable — plus custom mandates to reflect client objectives and constraints. In its sub‑advised SMA mandates the firm discloses the use of borrowing and the employment of derivative instruments (including options and structured products) as part of its fixed‑income implementation.

Kokua’s combination of retail wealth management and formal sub‑advisory fixed‑income services sets it apart from many peers in the supported-firm category, where serving other advisers and using leverage or derivatives in SMAs is uncommon. The firm also describes an execution model that uses Schwab Institutional prime brokerage, bond ATS platforms and third‑party dealers, and specific tools for structured‑product sourcing and monitoring (e.g., Halo Investing/ISC), and it documents block and cross‑trade practices for fixed‑income orders.