Pilot Capital Management Corp

Pilot Capital Management Corp provides discretionary portfolio management to individuals, high-net-worth clients, trusts, estates, corporations and a small number of institutional clients. The firm also offers ERISA plan services — including 3(38) investment manager responsibilities for 401(k), 403(b), pension, profit‑sharing, cash balance and deferred compensation plans — and related pension consulting and participant education services.

The firm constructs client portfolios using Modern Portfolio Theory alongside fundamental and cyclical analysis, tailoring asset allocation to each client’s stated objectives, time horizon and risk tolerance and managing accounts on a discretionary basis with ongoing monitoring and quarterly reviews. It employs both long- and short-term strategies as appropriate and documents client goals and any investment restrictions in client files and investment policy statements.

Pilot Capital is a long-established, solo independent advisory practice managing roughly $17 million for a small client base, which is notable given its provision of institutional ERISA 3(38) fiduciary services and pension consulting—services relatively uncommon among peers of this size. The firm does not vote client proxies (clients receive and vote their own proxies), excludes certain asset types from plan management (for example, employer securities, real estate, participant loans and other illiquid or non‑public assets), and requires use of a specified broker‑dealer while not permitting directed brokerage.