Pathway Capital Management is a fee-only firm managing money for institutional clients. It is not a money manager for individuals and has no individual clients on its books. If you are looking for a financial advisor for your personal portfolio, consider finding one with SmartAsset’s free financial advisor matching service.
As a fee-only firm, Pathway Capital earns all of its compensation from client-paid fees. A fee-based firm, on the other hand, earns compensation from both client fees and third-party compensation, like securities commissions.
Pathway Capital Management Background
Pathway Capital Management was founded in 1991. It is an independent company wholly owned by several senior professionals at the firm. The principal owners are Douglas K. Le Bon and James H. Reinhardt.
Pathway Capital Management Client Types and Minimum Account Sizes
Pathway Capital Management only works with institutional clients, including pooled investment vehicles, pension and profit sharing plans, state or municipal government entities and insurance companies. The firm does not accept individual clients. If you are looking for an advisor who works with individual clients, consider using SmartAsset’s free financial advisor matching tool.
The firm doesn't list any minimum account size requirements on its Form ADV but does mention specific requirements occurring on a case-by-base basis.
Services Offered by Pathway Capital Management
Pathway’s services include:
- Investment Management services
- Funds of funds
It notably does not work with individual clients.
Pathway Capital Management Investment Philosophy
Pathway’s literature stresses that a diversified portfolio of high-quality investment funds is key to building a successful private market fund. It also seeks to find the best fund managers to invest with and spends significant time and resources on finding and evaluating the fund managers it invests with.
Fees Under Pathway Capital Management
Pathway Capital Management’s main source of income is investment or management fees. These types of fees are generally based on a percentage of assets under management, but Pathway does not provide a specific fee schedule. Instead, it notes that it may charge an annual fee of up to 1.00% of a client's capital commitments and a 10% carried interest fee. Pathway's fees are negotiable.
What to Watch Out For
Pathway Capital Management has a clean legal and regulatory record, as its SEC-filed Form ADV has no disclosures on it.
Again, remember that this firm does not work with individual clients. If you are looking for that type of service, use SmartAsset’s free financial advisor matching tool.
Opening an Account With Pathway Capital Management
To create a relationship with Pathway, contact the firm in person, over email or over the phone.
All information is accurate as of the writing of this article.
Tips for Investing
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- Knowing what you’ll owe in taxes is key to successfully managing your money. Use SmartAsset’s tax calculator to get a sense of what Uncle Sam will be taking from you this year.
