Pennsylvania Capital Management Inc.

Pennsylvania Capital Management is an SEC-registered investment adviser that provides individualized investment management, consulting, financial planning, and private fund advice to individuals, high-net-worth clients, pension plans, corporations, trusts, estates, and charitable organizations. As of December 31, 2025, the firm reported approximately $848.6 million in assets under management across about 1,045 accounts and offers services including separately managed account programs and an automated iRebal™ portfolio service through Schwab.

The firm builds client profiles to determine asset allocation and manages portfolios using a mix of mutual funds, ETFs, individual equities and fixed income, with services available on both discretionary and non-discretionary bases. PCM also recommends and monitors unaffiliated separate managers (including Coho Partners), employs tactical asset management informed by third‑party trading signals, and offers tax‑aware automated rebalancing and tax‑loss harvesting through its PCMAS platform.

Compared with many peer teams, PCM operates from multiple offices (seven), uses third‑party introducers and endorsements in its business development (including compensated promoters and listings on sites where the firm’s president contributes), and expressly permits use of derivatives in managed strategies—discussing options transactions such as covered calls and the potential for ETFs or SMA strategies to have derivative exposure. These practices, along with its mix of in‑house, third‑party SMA allocations and tactical overlays, distinguish aspects of PCM’s service model relative to typical team firms.