Leisure Capital Management

09/01/2026

An IPO can feel like the finish line, but for founders, executives, and early employees, it's rarely that simple.

Going public often means crossing into ultra-high-net-worth territory almost overnight, and that shift brings a whole new layer of financial complexity with it. Concentrated stock positions, lockups and trading restrictions, sudden tax exposure, liquidity decisions, estate planning, charitable giving, diversification—there's a lot to work through, along with new opportunities and new risks that come with the territory.

Underneath all of it sits one real question: what do you actually want this wealth to do for you, your family, and the causes you care about? There's rarely a single answer, and almost never a single strategy that covers everything. Tax, investment, estate, and philanthropic decisions need to be considered together, usually alongside your attorney and CPA.

The IPO might mark the finish line for the company you helped build. Financially, though, it's often just the beginning of an entirely new universe. We're here to help you navigate it.

08/27/2026

Back-to-school season snuck up again. Costa Mesa High started last Monday. Colleges are right behind.

Every year, it reminds us of something—even for clients decades removed from a classroom. New routines. New goals. A natural pause to ask, "what's next?"

For families with significant wealth, that pause often turns into something bigger. Not "how's my portfolio doing this quarter," but "what is all of this actually for?"

What do you want your wealth to make possible—for your kids, your grandkids, the causes you care about? What values do you want carried forward with the assets?

These questions shift as life shifts. That's why we revisit them with clients regularly, not just once.

As the students in your life settle into something new, consider it your nudge too. Pause. Reset. Make sure your plan still reflects what matters most.

At LCM, that's a conversation we're always ready to have.

08/24/2026

We’re very proud to share that Patrick Maxwell has earned his CERTIFIED FINANCIAL PLANNER® certification.

Patrick already holds the CFA, CAIA, and CSRIC® designations, so he is no stranger to rigorous professional education. But earning the CFP® certification is a significant undertaking in its own right. It requires extensive coursework, thousands of hours of professional experience, and a demanding comprehensive exam—on top of the responsibilities of serving clients every day.

That commitment matters to us.

Our clients have complex financial lives. Investments are only part of the picture. Taxes, estate planning, retirement, insurance, charitable giving, and family considerations all intersect, and good advice requires understanding how those pieces fit together.

Patrick has put a massive amount of time and study into continuing to expand that knowledge—not because another set of letters after his name was necessary, but because getting better at what we do matters.

Congratulations, Patrick. This one was hard-earned, and we couldn’t be prouder to have you on our team.

08/20/2026

We announced the Leisure Capital Guide to Alternative Investments over two years ago. We find it’s even more relevant today than when we published it.

Traditional portfolios have leaned on the same playbook for decades. Stocks for growth, bonds for stability. That relationship isn't behaving the way it used to, and more investors are noticing.

Our guide offers a clear look at how alternatives work and how we think about using them. It breaks down how strategies like global macro, real assets, and managed futures can behave differently than traditional holdings, especially when correlations that used to hold steady start to break down.

If you've ever wondered whether alternatives belong in your portfolio, or looked into them before and weren't sure where to start, we invite you to check it out.

How alternatives provide portfolio resilience

08/18/2026

Investing wisely should never be just about growing a number.
It's about what that number lets you do.

The freedom to live abundantly. To say yes to the things that matter: the trips, the time with family, the moments you can't get back. And the freedom to give purposefully, on your terms, to the people and causes you care about most.

That's the true power of disciplined investing.

08/18/2026

Every summer, a firm could give their intern the filing, the data entry, the tasks nobody else wants to do.
This summer, we chose differently.
Noah Peddie joined us at LCM in June — and in the weeks that followed, he dove into our Bloomberg terminal, built fixed-income analysis tied to live portfolio decisions, and ultimately stood in front of our Investment Committee to present his own equity research and defend his conclusions.
What struck us most wasn't the technical skill he developed. It was his curiosity about the people behind the numbers. Because that's what this profession is really about. Two families with identical balance sheets can have completely different priorities — and no amount of data tells you which goals matter most.
Most of us had someone who took the time to teach us early on. Someone who answered our questions, invited us into a meeting, or trusted us with something before we were sure we were ready. Those moments stay with you.
Noah heads back to Washington University in St. Louis for his senior year. We're glad we could be that moment for him — and grateful he reminded us why we love what we do. 📖

Lessons from our summer with Noah Peddie

08/14/2026

As wealth grows, so does the number of decisions competing for your attention.

Rebalancing the portfolio. Watching for concentration risk. Adjusting to changing markets. Thinking through tax-efficient ways to invest—not just where to invest.
It can be overwhelming, even for people who are good with money.

At LCM, we take on the heavy lifting so you don’t have to, making sure every piece of the puzzle is working together.

Our goal, always, is to give you the confidence to invest wisely, live abundantly, and give purposefully.

08/11/2026

Even the most successful people can miss things.

Not because they're not paying attention, but because they're too close to it.

Professional athletes have coaches. Executives have boards. Business owners lean on trusted advisors. Your financial life deserves the same thing. Another set of eyes, looking for what you might have overlooked.

Sometimes that means catching a gap in your investment strategy. Sometimes it means spotting an opportunity you didn't know was there.

In every case, our team is here to help you see what you’re missing to keep you on track toward your long-term goals.

08/07/2026

You've spent decades building a successful career or business.

Today, the financial foundation underneath it all needs the same level of diligent attention.

- Estate documents drafted years ago may not reflect where you are now.
- Insurance policies may not match today's balance sheet.
- Beneficiaries, trusts, banking relationships, investment strategy, tax strategies.
All of it needs to evolve as your wealth does.

Is your financial strategy actually keeping up with your life, or is it still built for who you used to be?

08/04/2026

Liquidity often has a bad reputation among investors. People hear the word and picture a big pile of cash sitting around doing nothing.

That's not what it really means, and it's not what we mean when we talk about it with clients.

Real liquidity comes from a lot of places. A well-structured portfolio. A line of credit you've set up before you need it. Business cash flow. Equity compensation. For us, the goal is never to sit on cash. It's to make sure you can move when you need to, without putting your long-term plan at risk.

Thoughtful liquidity planning can help give you financial flexibility—when it counts.