Douglas Capital Management, LLC

The right portion of this page describes the types of accounts DCM will manage and the minimum initial investment for each account.  DCM offers four different management methods for actively managed accounts: 

     Aggressive Trading Accounts

     Focused Trading Accounts

     Dynamic Asset Allocation Accounts

     Tax Efficient Accounts

Aggressive Trading Accounts

A client must be a qualified high net worth investor in order to have an aggressive trading account.  DCM groups aggressive trading client accounts using Interactive Brokers trading tools.  The grouping allows DCM to quickly and efficiently trade in multiple accounts when market opportunities arise.  The aggressive trading portfolio has a high turnover rate which is used to take advantage of short-term inefficiencies in the stock market in an attempt to maximize client returns.

Focused Trading Accounts

DCM offers focused trading accounts to all investors.  DCM uses the same data in the buy/sell decision making process for focused trading accounts and aggressive trading accounts.  However stocks that are purchased in  focused trading accounts are typically held longer than they are in  aggressive trading accounts.   

DCM clients must use Interactive Brokers for their focused trading accounts because Interactive Brokers allows accounts to be grouped for rapid order execution across multiple accounts for clients with similar investment objectives.  Interactive Brokers offers one of the lowest commission rates in the brokerage industry. 

Dynamic Asset Allocation Accounts

DCM offers dynamic asset allocation accounts to all investors.  Dynamic asset allocation accounts may be invested in stocks, bonds, commodities, or precious metals. DCM may purchase Exchange Traded Funds to get exposure to a particular type of stock, bond, commodity, or precious metal.  DCM will also directly purchase individual stocks. For individual stocks DCM uses the same data used for aggressive and focused accounts in the buy/sell decision making process.     

Clients must use Interactive Brokers for their dynamic asset allocation accounts.  Dynamic asset allocation accounts typically hold many small positions in a wide variety of investments.  Interactive Brokers offers one of the lowest commission rates in the brokerage industry, so it is possible to achieve the broad diversification without suffering large commission costs. 

Tax Efficient Accounts

DCM offers tax efficient accounts to all investors.  Tax efficient accounts may be invested in stocks, bonds, commodities, or precious metals. These accounts combine stocks, ETFs, and government bonds in a way that controls the tax burden for clients and also limits the volatility of the overall portfolio. DCM may purchase Exchange Traded Funds to get exposure to a particular type of stock, bond, commodity, or precious metal.     

Clients must use Interactive Brokers for their tax-efficient accounts.  These accounts typically hold large positions in government bonds, and many small positions in a wide variety of investments.  Interactive Brokers offers one of the lowest commission rates in the brokerage industry, so it is possible to achieve the broad diversification without suffering large commission costs. 

Account Types

DCM will manage cash and margin accounts, individual accounts, joint accounts, UGMA/UTMA accounts, Trusts, Charitable Foundation funds, Traditional IRA’s, Roth IRA's, SEP-IRA’s, Rollover IRAs, 403B’s, Defined Contribution Plans, and Defined Benefit Plans

Initial Investment

The minimum initial investment is 50,000 US Dollars.

Broker/Custodian

Interactive Brokers* is both the Broker for trading and the custodian for DCM client funds and investments.  Interactive Brokers provides tools that allow DCM to group clients by account type, tax status, account size, and client risk tolerance, and place nearly identical trades for all clients in the group.  The grouping allows DCM to quickly and efficiently trade in multiple accounts when market opportunities arise.

*Interactive Brokers LLC is not affiliated with and does not endorse or recommend Douglas Capital Management, LLC. Interactive Brokers provides execution and clearing services to customers of Douglas Capital Management, LLC. For more information regarding Interactive Brokers LLC, please visit www.interactivebrokers.com