Overview
A. TheFirmandPrincipalOwners
Colter Lewis Investment Partners LLC (“Colter Lewis” or the “Firm”) provides investment
advisory services primarily to ultra-high net worth individuals and families, family offices,
pension plans and as described below, and a pooled investment vehicle (“the Fund”). The
Firm was founded in 2018. The principal owners of the Firm are Perry Hoffmeister and
Jeffrey Weiss. Mr. Hoffmeister and Mr. Weiss each own 50% of the Firm.
B. TypesofServicesOffered
We provide investment management services to clients both on a discretionary and non-
discretionary basis.
For many clients, both discretionary and non-discretionary, we construct or recommend, as
applicable, diversified portfolios comprised of the major asset classes (e.g., equities, fixed
income products, private capital funds, hedge funds, real estate investments, commodities
and cash equivalents) utilizing an active asset allocation approach (“Full Service
Mandates”). For other accounts, we will enter into non-discretionary “Advisory Mandates”
for the purpose of assisting those clients with the selection of particular types of
investments, typically “alternative investments” which include private capital funds such as
private debt and private equity, as well as direct private investments.
From time to time, we may form pooled investment vehicles when we have identified a
particular investment, which could include, among others, operating
companies and real
estate investments.
The actual investment strategies and processes employed by the Firm, as well as associated
risks are discussed in detail in Item 8 below.
C. LevelofServiceOffered
For Full-Service Mandates, we provide both discretionary and non-discretionary
investment management services. Generally, for discretionary Full-Service Mandate
accounts, we create an investment profile for the client that defines the client’s objectives
and risk profile. Based upon the investment profile, we implement and manage the
portfolio based upon the client's objectives. We also monitor the portfolio and make
recommendations to modify the portfolio if required. We also provide services, such as
account aggregation, assistance with the completion of third-party subscription documents
and assistance in financial planning, For Advisory Mandate clients, we provide the client
with specific investment opportunities and the client makes the investment decisions. In
both types of mandates, clients are permitted to impose restrictions on investing in certain
securities or types of securities.
D. PortfolioManagementServicestoWrapFeePrograms
We do not provide portfolio management services to wrap fee programs.
E. AssetsUnderManagement
As of February 29, 2024, the Firm managed approximately $2bn of which approximately
$365mm is managed on a discretionary basis and $1.635 bn on a non-discretionary basis.