Perritt Capital Management Inc

Perritt Capital Management provides discretionary and non-discretionary investment advisory and financial planning services to individuals, institutions, trusts, retirement plans and other entities, and operates a wealth-management unit called Windgate for ongoing advisory and planning relationships. The firm manages separately managed accounts and acts as the investment adviser to The Perritt Funds’ MicroCap Opportunities Fund.

Its investment approach combines a long-term horizon with fundamental analysis: the micro-/small-cap equity strategy uses a bottom-up, disciplined nine-point evaluation and targets companies with market capitalizations roughly in the $50–$500 million range at initial purchase, while its asset-allocation offerings take a top-down view to assemble diversified portfolios using stocks, bonds, ETFs and mutual funds. Perritt may employ model portfolios, occasionally invests in IPOs or secondary offerings for its mutual fund, and supports participant account management for held-away defined contribution assets via a third-party platform.

What is distinctive for a firm of its size is that Perritt both advises an open‑end registered investment company and provides portfolio management for investment company clients, a service that is uncommon among peers; the firm also excludes client holdings in the MicroCap Opportunities Fund from its account values for fee calculation to avoid overlapping advisory fees. In addition to its microcap-focused investment capability, Perritt offers an employer-oriented Fi‑Care financial‑wellness program that gives employees access to CFP-led planning as a complement to its advisory services.