Christmas

What Christmas does

Christmas Corporation is an SEC-registered investment adviser founded in 2016 and headquartered in Berkeley, California, with a registered office in Lewes, Delaware. The firm provides discretionary investment management through a separately managed account (SMA) structure, with client assets custodied and traded at Interactive Brokers. Its flagship offering is the Christmas Signature Strategy — an actively-managed equity portfolio of 15 to 25 stocks and equity ETFs concentrated in Information Technology, Luxury, and Utilities sectors across U.S. and Eurozone markets, built on a fundamental, long-term research philosophy targeting companies with durable competitive advantages.

The firm operates a small team of five named professionals covering CIO/CEO, COO, CFO, CBO/Editor-in-Chief, and CTO roles, with backgrounds spanning Procter & Gamble, Boston Consulting Group, and CFA charterholding. Service delivery is split into three tiers: a Personal Account tier with a $10,000 minimum, a Family Office tier at $100,000 (which bundles holding company formation, tax and estate planning, and ongoing compliance), and a Large Institution tier at $500,000. The firm serves both U.S. and non-U.S. clients, with U.S. clients self-onboarding through a proprietary Client Portal and non-U.S. clients onboarded via email. Distribution runs through the company website, a Substack newsletter, and a Wealth Predictor planning tool.

Revenue is generated almost entirely from a 2% annual management fee on net asset value, charged daily, with no disclosed external funding, no institutional investors, and full founder ownership. Reported performance for the Signature Equity Strategy stands at a 303.5% net cumulative return since January 2016 versus the S&P 500's 298.3%, with a stated 14.1% annualized net return and a 0.75 Sharpe ratio. The firm positions itself as a high-conviction, concentrated manager whose principals invest alongside clients.

Name

Christmas

Legal name

Christmas Corporation

Website

https://christmascorp.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Christmas Corporation is an SEC-registered investment adviser offering discretionary portfolio management through separately managed accounts. The Berkeley-based firm serves individuals, families, and institutions globally via its active Signature Equity Strategy, charging a 2% annual management fee.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

Keywords

• Investment management
• Discretionary portfolio management
• Actively managed equities
• Family office services
• Separately managed accounts

Headquarters

HQ city

Berkeley

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: Annual management fee of 2% of net asset value, charged on a daily basis. Additional brokerage commissions may be incurred through Interactive Brokers. Revenue is recurring based on AUM.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Christmas Corporation is an SEC-registered investment adviser that provides discretionary investment management through separately managed accounts (SMAs) at Interactive Brokers. Its flagship Christmas Signature Strategy is an actively-managed equity portfolio of 15-25 stocks targeting innovative companies in Information Technology, Luxury, and Utility sectors across U.S. and Eurozone markets. Services are sold under three tiers — Personal Account ($10,000 minimum), Family Office ($100,000 minimum), and Large Institutions ($500,000 minimum) — and accessed through a proprietary Client Portal.

Product overview

Christmas Corporation is an SEC-registered investment adviser offering discretionary investment management services through a separately managed account (SMA) structure. The company operates two primary service tiers: Personal Account for individual investors (minimum $10,000) and Family Office for high-net-worth families (minimum $100,000-$500,000). The flagship offering is the Christmas Signature Strategy, an actively-managed equity portfolio of 15-25 stocks focused on innovative companies in Information Technology, Luxury, and Utilities sectors across U.S. and Eurozone markets. Clients access services via a proprietary Client Portal for account management and performance monitoring, with funds held custody at Interactive Brokers.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Account

Quantifiable outcome

• 303.5% net cumulative return since January 2016, outperforming S&P 500 (298.3%)
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Interactive Brokers (IBKR)coreTechnology or IntegrationInteractive Brokers serves as the execution broker, clearing broker, and custodian. Client funds are held under client names at Interactive Brokers, LLC, a registered broker-dealer regulated by the SEC. SIPC insures accounts against potential fraud.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Betterment: Direct competitor operating as a digital investment adviser with low minimums and goals-based portfolio management, serving mass-affluent retail clients — overlapping Christmas's Personal Account segment.
• Fisher Investments: Direct competitor offering actively managed equity portfolios with high minimums and a similar AUM-linked fee model, focused on HNW and institutional clients with discretionary management.
• Wealthfront: Direct competitor in automated/digital investment management for individual investors with similar minimums and recurring AUM-based fees, targeting the same digitally onboarded mass-affluent customer.
• Empower Personal Capital: Direct competitor combining digital tools with human advisory for HNW clients at $100K+ minimums — comparable tiering, fee structure, and wealth-management-plus-investing hybrid offering to Christmas.
• Motley Fool Asset Management: Direct competitor offering a flagship actively managed equity strategy (MFAM) with a public track record, retail accessibility, and themed stock-picking approach similar to Christmas's Signature Strategy.
• Titan: Direct competitor as a mobile-first active investment manager with themed equity strategies targeting a younger retail audience — comparable in active-management philosophy and digital distribution.

Others

• Acorns: Adjacent retail investment app enabling micro-investing and recurring contributions; overlaps in target demographic and digital distribution but is consumer-subscription rather than AUM-fee based.

Broad incumbents

• Schwab Wealth Advisory: Broad incumbent from a major broker offering discretionary wealth advisory with tiered minimums and recurring fees, intersecting Christmas's mass-affluent and HNW segments.
• Dimensional Fund Advisors: Established asset manager offering evidence-based active equity strategies via advisor channel with similar research-driven, factor-oriented philosophy though at much larger scale than Christmas.
• Vanguard Personal Advisor Services: Broad incumbent offering hybrid digital-plus-advisor wealth management at low fees, directly competing for the same digitally onboarded retail and HNW client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/christmas_corp
• LinkedInlinkedin.com/company/christmas-corporation

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Christmas