Yackee Potempa & Smalley Asset Management

Yackee Potempa & Smalley Asset Management provides ongoing portfolio management to individual investors, trusts, foundations, and other entities, advising on tradable securities and derivative instruments. The firm manages a small number of client accounts and reported approximately $463,000 in assets under management, most of which are managed on a discretionary basis.

The firm employs both fundamental and technical analysis and customizes strategies to client objectives and risk tolerances, typically seeking discretionary authority to implement trades. Where suitable for a client, the firm may engage in short-term trading and use margin, options, and other derivative strategies as part of its investment program.

This firm discloses several atypical operational features for its peer group: a principal is a licensed life and health insurance producer who receives commissions for insurance sales but is restricted from offering those products to firm clients in a firm capacity, and another principal’s outside employment creates a specific prohibition on advising in certain local markets to mitigate access to material non‑public information. The brochure also notes civil judgments entered against the firm’s chief executive (one repaid) and that the filing is the firm’s initial ADV following a recent period during which it was unregistered.