Pendulum Asset Management, LLC

Pendulum Asset Management is a small, independent advisory firm that provides discretionary investment management to individuals, trusts, estates, corporations and other entities. While the firm primarily serves individual clients, its brochure discloses that it also manages assets for institutional and investment-company clients and reported about $1.38 million in assets across roughly 15 client accounts.

The firm implements proprietary, model-driven strategies focused on a limited set of asset types, including small- and mid-cap financial equities (REITs, BDCs, banks and insurers), micro- to mid-cap value stocks, preferred stock, and select fixed-income instruments such as treasury bonds. It manages client accounts on a discretionary basis and offers a dedicated “Pendulum Preferred Strategy” that aims for income through concentrated, low-turnover preferred-stock holdings.

Compared with many solo independent advisers, Pendulum is notable for explicitly working with institutional and investment-company clients and for advertising performance results in its materials. The brochure also emphasizes an uncommon tactical focus on preferred securities — including discounted or delisted issues where the firm seeks to capture an illiquidity premium — and on underfollowed micro- and mid-cap value opportunities.