Leisure Capital Management, Inc.

Leisure Capital Management, Inc. is a SEC-registered investment adviser that provides discretionary investment management and financial consulting to individuals, high-net-worth clients, trusts, estates, retirement plan participants, insurance companies, and charitable organizations. The firm reports approximately $874 million in discretionary assets under management and manages client accounts on a continuous basis while also offering a consulting service by agreement.

The firm constructs diversified portfolios using principles such as Modern Portfolio Theory and the Fama–French three-factor model, favoring long-term holdings with periodic rebalancing and employing strategies that can include dollar-cost averaging, concentrated positions, covered calls, and the use of inverse/enhanced ETFs or bond selection techniques. LCM offers a Sustainable & Responsible Investing (SRI) overlay that is implemented via mutual funds (not individual securities) and describes a multi-step screening process to screen broadly, eliminate greenwashing, and then validate fund SRI theses.

Compared with peers, LCM discloses and promotes third‑party ratings in its materials, a practice that is uncommon among similarly sized team firms, and documents a formal SRI due‑diligence approach and proxy voting policies in its brochure. The firm also describes operational practices that may be of interest to clients—such as trade aggregation and rotation procedures, quarterly account reviews and reporting, and a standard account minimum (with discretionary waivers)—which it uses to manage execution and reporting across client accounts.