Overview
Offit Capital was founded and registered as an investment adviser in 2007 and is primarily owned
by its partners.
Offit Capital provides discretionary and non-discretionary investment advisory services to
separate account clients (“Clients” or each a “Client”). Such services typically involve
individualized financial goal analysis, asset allocation, formulation of an investment strategy,
assistance with implementation of the investment, and ongoing review of performance measures
for the strategy adopted. In connection with the implementation of a Client’s investment plan,
Offit Capital typically identifies, and the Client selects, investment advisers, mutual funds,
private investment pool, or other investments that are believed to be compatible with the Client’s
investment objectives, risk tolerances and other Client criteria. Offit Capital also provides
discretionary fixed income investment management services to Clients pursuant to an investment
management contract and/or other governing documents. The investment objectives, investment
restrictions, regulatory
restrictions, risk tolerances or other circumstances for each Client are
generally documented by Offit Capital in an Investment Policy Statement.
Offit Capital also manages multiple private investment partnerships (the “Offit Capital Funds”)
which invest in other private investment partnerships, as a separately managed account with
unaffiliated investment advisers, or in Offit’s fixed income strategy. In addition, Offit Capital
provides consulting advice regarding concentrated holdings in specific securities that Clients
have acquired independent of their relationship with Offit Capital and coordinates cash flow
plans and estate plans for Clients. Offit Capital generally works with Clients’ other professional
advisors, such as attorneys, to add an investment perspective to the creation of such plans.
As of December 31, 2023, Offit Capital managed $18,010,688,012 of regulatory assets under
management, including $6,955,722,682 on a discretionary basis on behalf of certain Clients and
the Offit Capital Funds and $11,054,965,330 on a non-discretionary basis.