About

Welcome to Sullivan Capital Management (SCM), your low-cost investment advocate!

Of the approximate 310,000 financial advisors in the US, only about 10% are legally required to put your interests first. They are called “Registered Investment Advisors” or RIAs for short. Typically, RIA's work on a fee based scheduled and not on commission. Because there are no commissions, and because RIAs are legally required to provide unbiased investment advice, most - if not all potential conflicts of interest or hidden agendas are eliminated.

While your financial advisor should be an independent RIA, you should ensure that they are also NOT a broker. In the twisted world of Wall Street, an RIA can be both a broker and a fiduciary in a process called dual registration. If an RIA is dually registered they can claim unbiased advice as a fiduciary. Then, they can switch gears and act as a broker, selling you specific products and earning commissions or kickbacks.

While acting as a broker, they are no longer required to adhere to the fiduciary standard. This means, they are sometimes obligated to serve your best interests and sometimes not! For consumers, this arrangement is perhaps the most dangerous as it creates immense confusion.

Dedicated To Offering Clients Low-Cost, Unbiased Investment Advice

Sullivan Capital Management (SCM) is a fee-only Registered Investment Advisor (RIA) headquartered in the clear air above Lake Tahoe, far from the madness of Wall Street. Using advanced technologies and scientific research, clients benefit from the wisdom and experience of John L. Sullivan—owner and Chief Investment Officer. SCM was founded in 1984 and has successfully navigated both good and bad market conditions.

3 Things You Should Know About Financial Advisors

#1

Financial advisor is a made up name, They are often brokers in disguise and not legally required to put your interests first.

#2

Fees Matter! Hidden fees, backdoor payments and other tricks of the trade could permanently damage your financial future.

#3

You are typically overpaying for underperformance. The average investor only receives a fraction of what the market returns and this is devastating to long term growth.