Plein Air Capital Advisers, LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$28,560,462
Clients
27
33% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
27
TypicalAverage account size
$1,057,795
About
Plein Air Capital Advisers provides discretionary investment management and related advisory services to a range of clients, including individuals, trusts, corporations and institutional clients. The firm conducts research, makes portfolio decisions, monitors accounts, and delivers quarterly performance reports while investing across U.S. equities, ETFs, mutual funds, fixed income and cash equivalents.
The firm’s investment approach is fundamentally driven, long‑term and value‑oriented, favoring a buy‑and‑hold discipline and selecting companies trading below Plein Air’s view of intrinsic value. Portfolios are typically concentrated—generally about 15–20 stocks—with an ordinary limit of roughly 10% initial exposure to any one security, while the manager may also pursue deep‑value or select growth opportunities and hold cash while awaiting investment opportunities.
Distinctive operational features include that the founder and president serves as both chief investment officer and chief compliance officer and devotes full business time to client service, centralizing investment and compliance oversight. Plein Air is a fee‑only adviser that generally applies a $1,000,000 account minimum (waivable) and maintains an institutional custodial relationship that provides trading, research and technology services which can affect execution and available resources.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Fee options
1.25% annually, billed quarterly in advance
Account minimum: $1,000,000 (may be waived at discretion) Fee-only: Advisory fee only; no commissions or other compensation related to securities transactions
Main office location
Plein Air Capital Advisers, LLC
Silver Spring MD, United States
Number of offices
1
Most active in
Plein Air Capital Advisers, LLC has reported serving >5 clients in these states in the last 12 months.
District of Columbia · Maryland
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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