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.
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).
Kisco Capital's mission is to help clients achieve their financial goals with their portfolio of securities. Whether you're interested in retirement accounts, long-term buy and hold accounts or an account to trade, Kisco Capital can advise you on your investment portfolio. The methods used for investment management heavily utilize capital allocation and risk management techniques to limit losses and find the best risk/reward positions for the current macroeconomic environment.
Each client at Kisco Capital goes through a process of risk-profile assessment that dictates where to invest your money and which securities to select. 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.
Kisco Capital utilizes risk-management techniques to avoid sizable losses in your portfolio. Investment strategies will have a plan if something unexpected happens that could negatively affect your portfolio. For example, techniques to hedge or employ stop-losses may be used.
A good portfolio manager practices risk management every day. It never stops.
Contact Kisco Capital to receive its brochure or set up an introductory call with Paul McCarthy at no obligation.
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 can be managed on a discretionary basis by the firm's principal, Paul J. McCarthy, III CFA (see his background and experience on LinkedIn HERE).
Strategies can vary from rapid growth with a focus on capital appreciation to one that focuses on wealth protection. Some clients may prefer a combination of the two. The right strategy is the one that aligns with your individual goals and risk tolerance.
You can use the experience and market knowledge of the firm to your advantage. On a daily basis, Kisco Capital monitors stocks, interest rates, currencies and macroeconomic data that can affect your portfolio. 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 firm is compensated based upon assets under management and does not receive commissions to sell you anything. Kisco Capital does not sell financial products to receive commissions as there are inherent conflicts of interest between an adviser and its clients in this scenario. The compensation structure is designed to eliminate conflicts of interest between the firm and its clients.
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.