Who We Are. Founded in July 2000, MOS Capital, Inc., (“MOS”) is an independent Registered
Investment Advisor organized as a corporation under the laws of the State of Florida. The initials “MOS” refer
to William Moore, Michael O’Neil, and Richard Shropshire, the three founders of the firm. At present, William
F. Moore, Jr. is the remaining founding partner of the firm and the majority owner of the company’s shares.
Jillian A. Martin-O’Neil is also a Partner of the firm. MOS maintains its Principal Office headquarters and
place of business at 1102 A1A North, Suite 202 Ponte Vedra Beach, FL 32082. Jillian O’Neil is an
employee of the Principal Office, but resides in Portland, OR. The Advisor provides financial planning/
consulting services and portfolio management to individuals, trusts, endowments, foundations, corporations,
and other money management firms on a fee-only basis. These services are designed to help clients identify
and realize their financial objectives.
Our Services. MOS provides financial planning/consulting services and portfolio management, including
asset allocation, security selection and the continuous supervision of investments held within individual client
accounts. Services begin with a thorough review of a new client's investment objectives and financial situation.
Assets are managed in a manner consistent with those objectives, taking into consideration your age, risk
tolerance, time horizon, liquidity needs, tax considerations, return expectations, and any other information that
is pertinent. We require that each account have a written investment policy, a specific list of guidelines that will
indicate how the account is to be managed. For example, an account’s investment policy will contain: the
amount of initial investment, asset allocation targets (how much money will be invested in stocks, bonds, or
money markets), types of securities to be used, any withdrawal needs, return expectations, advisory fees,
performance reporting schedules, and any limitations imposed by accountholders – among other criteria. Day to
day portfolio management services include making purchases, sales, and exchanges of various types of
securities including common and preferred stocks, government, municipal, and corporate bonds, mutual funds,
and cash or near cash instruments such as CDs, or money market funds. These services are provided to clients
primarily on a discretionary basis, meaning that once we map out an investment policy with you, you then give
us the authority to execute transactions in your account based on those written guidelines. Each account is
managed separately – there is no commingling (mixing) of different clients’ assets.
We also hold ourselves out as financial planners and typically create formal written plans for clients at the
beginning of new advisory relationships. If we are to perform our money management jobs effectively, it seems
reasonable to have a thorough understanding of a client’s financial position and specific goals. Planning also
provides clients with personalized net worth and income/expense summaries and projects the growth or
depletion of assets into the future, assisting with other lifestyle decisions. Financial planning is not a
requirement for our portfolio management services, but it
is strongly encouraged. We also produce plans for
clients that are not interested in hiring us to manage their money.
How We Manage Assets for Clients. In financial industry terms, our management style would be classified
as “Growth & Income,” which generally indicates an approach using conservative stocks and bonds - or the
mutual fund equivalents - with the objective of achieving both income production and capital appreciation over
time. We focus strongly on income-producing strategies in both the equity and fixed-income markets, and use
mathematical formulas to assist in the decision-making process. More simply, we seek to increase the dividend
and interest income generated by a client’s portfolio consistently, while also participating in the growth of the
underlying businesses. MOS does not work with clients who seek aggressive capital appreciation or short-term
profits, or those who prefer investments in small company stocks, futures contracts, commodities, or alternative
investments.
Our primary investment strategy is to diversify portfolios by asset class, industry or sector (stocks), issuer and
geography (bonds), and by style (growth/value/balanced/specialty). We manage all client accounts separately.
Each account has a set of written investment guidelines (the investment policy) and is custom-tailored to meet
the client’s specific objectives. Clients with similar objectives will typically be invested similarly. However, all
clients are unique - having individual plans, goals, risk tolerances, time-horizons, and preferred portfolio
characteristics, among other things. As a result, portfolio holdings and the timing of transactions will differ
from time to time, even among clients with similar objectives. Individual stocks and bonds are generally used if
a client has assets in excess of $500,000. Mutual funds may be used for smaller investment amounts. Clients
may impose restrictions on the types of securities purchased, the quantity purchased in any one asset class or
economic sector, the type of business or industry, the credit rating, the maturity date, or by specifying other
market criteria. A section in our Client Investment Counsel Agreement is reserved for a written list of
restrictions. We prefer to select the securities custodian (the bank or brokerage firm that holds the assets), but
clients may direct us to use a specific institution.
Participation In Wrap Fee Programs. MOS does not participate in any wrap fee programs.
Discretionary vs. Non-Discretionary Assets. As of June 30, 2023 MOS provided investment
supervisory services to 300 discretionary accounts and 17 non-discretionary accounts. Taking discretion
means that you provide us with a limited power to manage assets within your accounts, without day-to-
day consultation on the specifics of any particular transaction. Non-discretionary means that we will contact
you to discuss portfolio changes and request your permission to proceed with recommendations. All accounts
are held at independent, qualified custodians. Total discretionary and non-discretionary funds as of
June 30, 2023 were $173,911,804. Assets are managed consistent with your financial goals and the instructions
outlined in the account’s investment policy statement.