What does Leisure Capital Management do?
Short answer:
Leisure Capital Management helps individuals, families, and foundations build and preserve long term wealth through disciplined investing and thoughtful financial planning.
Expanded answer:
Our work is rooted in partnership. We guide clients through life’s financial decisions with clarity, care, and a long term perspective. Whether you’re planning for retirement, navigating a transition, or building a legacy, we help you make decisions that support a life of abundance and purpose.
Is Leisure Capital Management a fiduciary?
Short answer:
Yes. Leisure Capital Management is a fee only fiduciary, legally and ethically bound to act in your best interest.
Expanded answer:
Being a fiduciary isn’t just a regulatory standard for us—it’s a philosophy. We receive no commissions, no product incentives, and no hidden compensation. Every recommendation is grounded in what serves you best, reinforcing the trust at the heart of our relationship.
How do I know my money is safe with Leisure Capital Management?
Short answer:
Your assets are held at independent, highly reputable custodians such as Charles Schwab.
Expanded answer:
Investing always involves some level of market risk, but your custodial safety should never be a concern. Your accounts remain in your name at Charles Schwab, one of the most trusted custodians in the industry. This separation between custody and advice provides transparency, security, and peace of mind.
Does Leisure Capital Management custody my assets?
Short answer:
No. Your assets are held at independent custodians.
Expanded answer:
We believe in clear separation between advice and custody. Your accounts stay safely housed at Charles Schwab, while we focus solely on managing your portfolio and guiding your financial plan with care and intention.
I just received an inheritance and don’t know where to start. Can Leisure Capital Management help?
Short answer:
Yes. We help you understand your options, create a plan, and make thoughtful decisions during an emotional and often overwhelming time.
Expanded answer:
Receiving an inheritance can bring a mix of gratitude, responsibility, and uncertainty. Many people aren’t sure what to do first — or how to honor the legacy behind the gift. We walk with you through each step, helping you understand your choices, organize your financial picture, and build a plan that reflects both your needs and the values of the person who entrusted you with this wealth.
Any tax related decisions are made in conjunction with your tax professional.
I’m selling my business (or just sold it). How can Leisure Capital Management help me plan what comes next?
Short answer:
We help you navigate the financial, tax, and emotional complexities of a business sale and build a long term plan for your next chapter.
Expanded answer:
A business sale is both a milestone and a transition. It represents years — sometimes decades — of work, sacrifice, and vision. It also brings a new set of questions: How do I invest the proceeds? What are the tax implications? How do I turn this liquidity event into long term security?
We help you slow down, understand your options, and design a thoughtful strategy that supports your goals, your lifestyle, and the future you’ve worked so hard to create.
We coordinate closely with your tax professional to ensure your plan is aligned with your tax strategy.
I’m interested in charitable giving. Can Leisure Capital Management help me design a philanthropic strategy?
Short answer:
Yes. Gideon Bernstein, a Chartered Advisor in Philanthropy® and author on charitable giving, provides thoughtful guidance to help clients create meaningful, tax aware giving strategies.
Expanded answer:
Many of our clients feel called to use their wealth to make a difference — whether supporting a cause, honoring a loved one, or building a legacy of generosity. Gideon Bernstein, one of our senior advisors and a Chartered Advisor in Philanthropy®, has spent decades helping individuals and families give with intention and impact.
Gideon literally wrote the book on charitable giving, and he brings both technical knowledge and heartfelt understanding to the process. Whether you’re exploring donor advised funds, charitable trusts, gifting strategies, or simply trying to clarify your philanthropic vision, Gideon helps you navigate your options with clarity and purpose.
Any tax-related decisions are made in conjunction with your tax professional.
Do you have a minimum account size?
Short answer:
Yes. Our clients typically have $1,000,000 or more in investable assets.
Expanded answer:
This minimum allows us to deliver the thoughtful, high touch service our clients value. It ensures we can devote the time, attention, and expertise required to steward your wealth with the level of care you deserve.
Can I access my accounts online?
Short answer:
Yes. You’ll have full online access through your custodian and through our secure LCM Vault.
Expanded answer:
You’ll continue to use Schwab’s familiar online platform to view balances and activity. In addition, our secure Leisure Capital Management Vault gives you access to detailed performance reports and important planning documents—everything you need, all in one place.
Is there a fee for an initial consultation?
Short answer:
No. Your first meeting with Leisure Capital Management is complimentary.
Expanded answer:
We believe good decisions begin with good conversations. Your initial meeting is an opportunity for us to learn about your goals and for you to get a feel for who we are and how we work. There’s no cost and no obligation—just an open, thoughtful discussion about your financial life.
Will I need to liquidate my entire portfolio to work with Leisure Capital Management?
Short answer:
No. Most accounts can be transferred in kind without selling your investments.
Expanded answer:
If your assets are already at Schwab, we can simply link to your accounts using a Limited Power of Attorney. If your assets are held elsewhere, they can typically be transferred in kind. We work closely with you to determine which positions to keep, which to adjust, and how to manage any potential tax implications.
All tax related decisions are made in conjunction with your tax professional.
Nothing changes without your full understanding and agreement.
Who makes the investment decisions at Leisure Capital Management?
Short answer:
Our Investment Committee—comprised of seasoned professionals, including multiple CFA charterholders (see page: Why Hire a CFA Charterholder?)—oversees all portfolio decisions.
Expanded answer:
The Committee meets weekly to review markets, economic trends, and portfolio strategy. With deep experience and a steady, research driven perspective, the Committee ensures your portfolio reflects both current conditions and the long term discipline that defines our philosophy.
How does Leisure Capital Management help during market volatility?
Short answer:
We provide steady guidance, disciplined portfolio management, and clear communication.
Expanded answer:
Volatility is part of investing, but it doesn’t have to be unsettling. We help you stay grounded, revisit your long term plan, and make thoughtful adjustments when appropriate. Our goal is to help you avoid emotional decisions and stay aligned with your goals.
Where can I find more information about Leisure Capital Management?
Short answer:
You can review our Form ADV, BrokerCheck profile, and SEC registration online.
Expanded answer:
Transparency is foundational to trust. Our Form ADV provides detailed information about our services, fees, and team. Additional regulatory information can be found on BrokerCheck and the SEC’s website, offering a clear, comprehensive view of who we are and how we operate.
I received a notice about a class action lawsuit. What should I do?
Short answer:
Nothing—our third party service automatically files eligible claims on your behalf.
Expanded answer:
Class action notices are a routine part of investing in individual stocks. To ensure our clients never miss an opportunity to recover eligible losses, we partner with Chicago Clearing Corporation. They automatically file claims when appropriate, and any recovered funds are deposited directly into your account. If you ever have questions, we’re always here to help.
Do you work with clients outside California?
Short answer:
Yes. Leisure Capital Management serves clients across the country.
Expanded answer:
While our roots are in Southern California, geography doesn’t limit partnership. We work with clients nationwide through secure digital tools and virtual meetings, offering the same thoughtful guidance wherever you call home.
What happens in my first meeting with Leisure Capital Management?
Short answer:
We have a conversation about your goals, values, and financial priorities.
Expanded answer:
There’s no pressure and no sales pitch. We listen, learn about your situation, and share how we work. Together, we determine whether we’re the right partner to help you build a life of long term abundance.
Will Leisure Capital Management stop me from making a really bad financial decision?
Short answer:
We’ll do everything in our power — kindly, thoughtfully, and sometimes with a gentle “let’s take a breath.”
Expanded answer:
Everyone has moments when emotions run ahead of wisdom — especially during big life transitions or volatile markets. Part of our job is to be the steady voice in the room, helping you pause, reflect, and make decisions that support your long term wellbeing. We won’t take away your car keys, but we will help you avoid the financial equivalent of driving 90 mph in a rainstorm.
