Private Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions. Financial planning was provided to 101–250 clients last fiscal year. The firm advises 7 private funds.
Private Capital Management reports 461 clients. They include 302 high-net-worth individuals, 130 individual clients and 9 charitable organizations. Of its assets, 85.4% ($1.23B across 434 accounts) are managed with discretion; $210M across 32 accounts are not. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 28% | 2% |
| High-net-worth individuals | 66% | 64% |
| Investment companies | <1% | 5% |
| Pooled investment vehicles | 2% | 20% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Other client typesCharitable organizations; Other investment advisers; Corporations and other businesses; Other | 5% | 9% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 130 | $22.5M | 1.6% | $173K |
| High-net-worth individuals | 302 | $923M | 63.9% | $3.06M |
| Investment companies | 1 | $70.9M | 4.9% | $70.9M |
| Pooled investment vehicles | 7 | $295M | 20.4% | $42.1M |
| Pension and profit-sharing plans | Fewer than 5 | $5.98M | 0.4% | — |
| Charitable organizations | 9 | $65.2M | 4.5% | $7.24M |
| Other investment advisers | 7 | $23.9M | 1.7% | $3.41M |
| Corporations and other businesses | 5 | $37.5M | 2.6% | $7.5M |
| Other | Fewer than 5 | $999K | 0.1% | — |
| Total | 461 | $1.44B | 100% | — |
- Clients
- 130
- Regulatory AUM
- $22.5M
- AUM share
- 1.6%
- Avg. per client
- $173K
- Clients
- 302
- Regulatory AUM
- $923M
- AUM share
- 63.9%
- Avg. per client
- $3.06M
- Clients
- 1
- Regulatory AUM
- $70.9M
- AUM share
- 4.9%
- Avg. per client
- $70.9M
- Clients
- 7
- Regulatory AUM
- $295M
- AUM share
- 20.4%
- Avg. per client
- $42.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.98M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 9
- Regulatory AUM
- $65.2M
- AUM share
- 4.5%
- Avg. per client
- $7.24M
- Clients
- 7
- Regulatory AUM
- $23.9M
- AUM share
- 1.7%
- Avg. per client
- $3.41M
- Clients
- 5
- Regulatory AUM
- $37.5M
- AUM share
- 2.6%
- Avg. per client
- $7.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $999K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 461
- Regulatory AUM
- $1.44B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 7
- Financial planning clients last fiscal year
- 101–250
Private Capital Management is paid through a percentage of assets under management and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Private Capital Management Holdings, LP owns 75% or more of Private Capital Management and is in turn owned by Joelle Investments, LLC (25–50%). Gregg Powers is CEO; the leadership team includes President Charles (Chad) Atkins. It has 21 employees, 7 of them in advisory roles.
Leadership
- Gregg PowersChief Executive Officer
- Charles (Chad) AtkinsPresident, CCO and General Counsel
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
- Charles (Chad) Dameron Atkins
- Benjamin Borchardt
- Max Howard Deifik
- Jeffrey Mark Fortier
- Andrew Jeffrey Leedy
- Gregg Joseph Powers
- Nicholas G. Schultz
- David Aaron Sissman
- Erick Axel Emmanuel Sonne
- Steven Tarr IV
Staff
- 21 employees
- 7 in advisory functions
- 9 state-registered reps
- 12 broker-dealer reps
- Owns 75% or more of Private Capital Management, LLC
Private Capital Management Holdings, LP
Control person · since June 2014
- Owns 25% to 50% of Private Capital Management Holdings, LP
Joelle Investments, LLC
since June 2014
Pelican Bay Holdings, LLC
General partner · Control person · since June 2014
Charles (Chad) Atkins
Manager · Control person · since August 2013
- Owns 75% or more of Private Capital Management, LLC
Private Capital Management
Control person · since June 2014
- Owns 75% or more of Private Capital Management, LLC
Gregg Powers
Control person · since August 2013
Private Capital Management’s regulatory assets grew 2.0× from $729M (June 2021) to $1.44B (March 2026); clients rose from 260 to 461 and employees from 17 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.44B | 461 | 21 | 2 |
| March 2025 | $1.35B | 415 | 21 | 2 |
| July 2024 | $1.14B | 392 | 20 | 2 |
| March 2023 | $956M | 320 | 19 | 2 |
| March 2022 | $956M | 279 | 17 | 2 |
| June 2021 | $729M | 260 | 17 | 2 |
Besides its headquarters, Private Capital Management has 1 office, with 2 listed addresses in Florida.
Florida · 2 listed addresses
- 8889 Pelican Bay BLVD., Suite 500, NaplesHQ
- 1680 Michigan Avenue, Ste 1000, Miami Beach
Other business names
Private Capital Management has reported 12 other business names to the SEC.
- Harmonic Investors LLC
- Harmonic Investors LLC Equity Income Plus
- Harmonic Investors LLC Fund I
- Harmonic Investors LLC Hedged Partners Fund
- Harmonic Investors LLC Navigator Fund
- Harmonic Investors LLC Opportunity Partners Fund
- Harmonic Investors LLC Real Asset Income Fund
- PCM
- Private Capital Management
- Private Capital Wealth
- The Collier Fund, LTD.
- The Entrepreneurial Value Fund, L.P.
Contact and registration details
- Legal name
- Private Capital Management, LLC
- Headquarters
- 8889 Pelican Bay BLVD., Suite 500, Naples, FL 34108-7512
- Website
- pcmvaluefund.com
- Phone
- 239-254-2500
- @private-capital-management-llc
- SEC file
- 801-78615
- Structure
- Delaware LLC
- Fiscal year end
- December
Private Capital Management uses Fidelity ($699M, 85%) and Charles Schwab ($121M, 15%) as custodians for its separately managed accounts. Private Capital Management has custody of $295M in client assets for 7 clients.
- FidelityNational Financial Services LLC · Boston, MA · $699M85%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $121M15%
At year end, Private Capital Management’s separately managed accounts were mostly in stocks (74%) and cash (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.14B across 202 positions; the largest are Quinstreet, Inc.. (6.1%), Harrow, Inc.. (6.0%) and Target Hospitality Corp.. (5.8%).
What the accounts hold
- Stocks74%
- Funds7%
- Bonds6%
- U.S. government and agency bonds4%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash10%
- Other3%
- Client held reits and client wealth management assets advised on a non-discretionary basis (held outside of pcm).2%
- Derivatives1%
Reported 13F holdings
- $1.14B
- Reported 13F value
- 202
- Positions
- 45.1%
- In the 10 largest
- +13.1%
- Value vs. prior quarter
- Quinstreet, Inc..6.1%
- Harrow, Inc..6.0%
- Target Hospitality Corp..5.8%
- Ligand Pharmaceuticals, Inc..4.6%
- Perion Network, Ltd.4.4%
- Bgc Group, Inc..4.0%
- KKR & Co, Inc..3.8%
- Barrett Business Services, Inc..3.8%
- Lantheus Holdings, Inc..3.5%
- JPMORGAN Chase & Co.3.2%
Together, the ten largest are 45.1% of reported value.
How many clients does Private Capital Management have?
Private Capital Management has 461 clients and manages $1.44 billion for them, as of March 2026. They include 302 high-net-worth individuals, 130 individual clients and 9 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Private Capital Management offer?
Private Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Private Capital Management use?
Private Capital Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $699M and Charles Schwab & Co., Inc. (Westlake, TX), with $121M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Private Capital Management have?
Private Capital Management has 9 investment adviser representatives registered with state securities authorities, out of 21 employees, and 7 perform investment advisory functions. 12 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Private Capital Management invest in?
At the end of its last fiscal year, Private Capital Management’s separately managed accounts held 74% exchange-traded equities, 10% cash and equivalents, 7% registered funds (mutual funds, ETFs, BDCs), 4% U.S. government and agency bonds, 2% other, 1% state and local bonds, 1% investment grade corporate bonds and 1% derivatives. The 2% other category is described as: Client Held Reits and Client Wealth Management Assets Advised on A Non-Discretionary Basis (Held Outside of PCM). It advises 7 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Private Capital Management?
Private Capital Management is owned through a holding company by Joelle Investments, LLC. Its direct owners are Private Capital Management Holdings, LP (75% or more), Private Capital Management (75% or more) and Gregg Powers (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Private Capital Management get paid?
Private Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Private Capital Management registered with the SEC?
Yes, Private Capital Management has been registered with the SEC as an investment adviser since 30 September 2013. Its CRD number is 169172 and its SEC file number is 801-78615.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact Private Capital Management?
Private Capital Management’s main office is at 8889 Pelican Bay BLVD., Suite 500, Naples, FL 34108-7512. Its phone number is 239-254-2500. Its website is pcmvaluefund.com.