Kisco Capital's mission is to provide institutional quality level portfolios to its clients. Strategies can vary from rapid growth with a focus on capital appreciation to one that focuses on wealth protection. Once you have an established portfolio of securities, Kisco Capital will regularly monitor the positions to ensure that they are performing within their expected performance corridors and re-balance when necessary.
Investment Account Types: Individual (brokerage), Corporate Profit Sharing Plan, IRAs, SEP IRAs, UTMA/UGMA (youth) and other management accounts by request (please inquire).
Kisco Capital, LLC (Kisco Capital) is a Registered Investment Adviser that focuses on investment management services for its clients. The firm allocates capital in stocks, bonds and commodities based upon the business cycle and the macroeconomic environment. Investments are allocated beginning with a top-down approach that is combined with technical and fundamental analysis to construct a portfolio that fits your financial goals and risk profile. The firm acts in a fiduciary role so that client accounts are managed on a discretionary basis by the firm's principal, Paul J. McCarthy, III CFA (see his background and experience below).
You can use the experience and market knowledge of the firm to your advantage. On a daily basis, Kisco Capital monitors stocks, interest rates, credit markets, currencies and macroeconomic data that can affect your portfolio's performance. The firm acts as your eyes and ears on the markets while you go about your daily life.
The firm focuses its investment advice around liquid investments that are generally exchange-traded securities (stocks, bonds, preferred equities, ETFs, etc.). Mutual funds are typically not recommended because most charge high fees that negate their ability to beat their corresponding index (I talk more on this in the firm's brochure - see below to get a copy).
The compensation structure is designed to eliminate conflicts of interest between the firm and its clients. Compensation is based upon assets under management solely as Kisco Capital does not pursue commission based compensation structures (no mutual funds or annuities).
Kisco Capital is based in New York City and is wholly owned and operated by Paul J. McCarthy, III CFA. The firm began offering its services to clients in late 2015.
Prior to founding Kisco Capital, Mr. McCarthy held senior positions at two multi-billion-dollar hedge funds, where he acted as a trader and portfolio manager. Mr. McCarthy managed capital in adverse market conditions, including the post-tech bubble crash of 2000, the terrorist attacks of 9/11 and the collapse of the financial markets in 2008-2009. Managing risk in highly volatile markets is considered his specialty.
During Mr. McCarthy’s tenure in the hedge-fund world, he managed several investment accounts that had a combined market value of up to $6.5B. Mr. McCarthy generated positive returns every year and had his best years during the financial crisis of 2008-2009.
Mr. McCarthy attended Bentley University, where he received a B.S. in Finance, and earned his M.B.A. in Banking and Finance at Hofstra University. Since 2000, Mr. McCarthy has held the Chartered Financial Analyst (CFA) designation and is currently a member of the New York Society of Security Analysts (NYSSA). You can see his LinkedIn Profile HERE.