Katahdin Capital

What Katahdin Capital does

Katahdin Capital is an independent investment advisory firm founded in 2012 by Philip R. Kimball, CFA, and operated through LGAA Investments Pty Ltd, which holds Australian Financial Services License #482823. The firm is headquartered at 65 York Street, Sydney, and is restricted by its license to servicing wholesale investors and funds in Australia only. Its target clients are high net worth and ultra high net worth individuals and families, including the pension and investable assets of family-owned businesses and the foundations and endowments those families support. No proprietary technology platform is disclosed, and the firm operates as a traditional advisory practice with a headcount of 1-10 employees.

The firm's core offering is an Outsourced CIO Service that combines fiduciary-grade portfolio oversight with diagnostic portfolio and relationship reviews, customized investment policy statement development, and access to global multi-asset class portfolios held directly by clients. Two All Weather Strategies augment the core offering: the Tactical Advised Account, which uses a quantitative price risk assessment methodology to identify mispriced securities across global markets for tactical positioning, and the Put Option Program, a disciplined program of selling out-of-the-money exchange-traded options intended to generate income and reduce downside equity exposure. Portfolio construction follows a building-block methodology blending income-generating and growth assets, with global diversification spanning the US, Europe, China/Hong Kong, and Australia, and Australian equity allocation kept below 15% of client portfolios. Private market access is supported through a research partnership with a US-based asset consultant.

Katahdin Capital generates revenue through flat-fee or performance-aligned advisory arrangements billed annually, emphasizing 100% client ownership of assets and transparent fee structures that the firm says yield 50%+ cost reductions versus prior arrangements for outsourced CIO clients. Distribution is exclusively direct one-on-one advisory relationships to wholesale investors; the firm does not use intermediaries. In February 2025, LGAA Investments terminated its Corporate Authorized Representative Agreement with Architech Development Pty Ltd, indicating a consolidation of its regulatory footprint.

Name

Katahdin Capital

Legal name

LGAA Investments Pty Ltd

Website

https://katahdincapital.com.au

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Katahdin Capital is an independent, wholesale-only investment advisory firm in Sydney that provides outsourced CIO services, customized investment policy statements, and All Weather Strategies to high net worth individuals, families, and foundations across Australia.

Ownership category

akta.pro rank

Product category

Investment Advisory Services (Outsourced CIO)

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

akta.pro secondary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Outsourced CIO services
• Investment advisory
• Wealth management
• Tactical asset allocation
• Portfolio management

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Investment Advisory and Management Fees: Katahdin Capital generates revenue through flat fee arrangements and performance-aligned fee structures. As an independent investment advisor, they offer conflict-free advisory services with transparent fee arrangements. The firm emphasizes that all clients using Katahdin as outsourced CIO have cut investment-related costs by over 50% across both advice and implementation channels.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Katahdin Capital is an independent Sydney-based investment-advisory firm (LGAA Investments Pty Ltd) that provides wholesale investors with an Outsourced CIO service, tactical advised accounts, a put-option hedging program, and All Weather multi-asset strategies. The firm designs and manages strategic and tactical asset-allocation portfolios for high-net-worth families, family businesses, foundations and endowments on a flat-fee or performance-aligned basis.

Product overview

Katahdin Capital offers a suite of investment advisory services centered on its Outsource CIO Service as the core offering, supplemented by two All Weather Strategies: the Tactical Advised Account (for capturing mis-priced risk in global markets through globally diversified multi-asset class portfolios) and the Put Option Program (for generating risk-adjusted returns through selling out-of-the-money options). These products work together to provide investment solutions not dependent on rising equity markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Outsourced CIO Service End-to-end outsourced chief investment officer mandate in which Katahdin designs, manages and reviews strategic and tactical asset allocation for wholesale investor clients, including families, family businesses, foundations and endowments that lack an in-house investment team.
• Tactical Advised Account Advised account service that provides clients with tactical asset-allocation recommendations and ongoing portfolio guidance, complementing the Outsourced CIO mandate for investors who retain execution discretion.
• Put Option Program Overlay program that uses put options to hedge equity drawdown risk in client portfolios, intended to limit losses during market downturns and is offered as a standalone capability within the firm's investment offerings.
• All Weather Strategies Multi-asset strategic framework that diversifies across asset classes to seek consistent performance across different market environments, used as a strategic-allocation backbone for client portfolios.

Quantifiable outcome

• 50%+ cost reduction in investment-related costs for all outsourced CIO clients

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• US Based Asset ConsultantsupportingOthersKatahdin leverages a US-based asset consultant to assist in accessing and researching private market strategies. This relationship enables Katahdin to provide multi-generational investors with access to private market investments, utilizing the consultant's research capabilities in this asset class.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• JBWere: Major Australian private wealth firm (now part of NAB Group) serving HNW and UHNW clients with full-service investment advisory. Represents the incumbent scale competitor in the same target market.
• Macquarie Private Bank: Australia's largest private bank offering investment advisory and portfolio management to HNW clients. Represents the scaled incumbent competitor and former employer of Philip Kimball's broader industry.
• Investec Australia Wealth: Australian private banking and wealth management arm serving HNW individuals and families with discretionary portfolio management. Comparable target market at broader institutional scale.

Direct peers

• Morgans Financial Limited: Australian full-service wealth management and stockbroking firm with HNW advisory and portfolio management offerings. Comparable target market and wholesale advisory focus.
• Evans & Partners: Australian private wealth advisory firm serving HNW and UHNW clients with portfolio management and wealth structuring. Direct peer in the Australian independent HNW advisory space.
• Pitcher Partners Wealth: Australian accounting-linked wealth advisory firm providing investment advice and portfolio services to HNW individuals and families. Comparable in boutique HNW advisory positioning.
• Lonsdale Wealth Management: Australian independent wealth advisory firm serving HNW families and foundations with portfolio management and outsourced CIO-style services. Highly comparable to Katahdin in target market, fee philosophy, and boutique scale.
• Shaw and Partners: Australian independent wealth manager and stockbroker offering advisory services to HNW individuals and families. Comparable in client segment and independent ownership model, though broader product scope.

Emerging players

• Clime Investment Management: Australian independent investment manager offering managed portfolios and advisory services to retail and wholesale clients. Comparable in independent Australian advice model, with broader retail reach.

Others

• Lonsec Research: Australian investment research and consulting firm providing due diligence and portfolio construction support to wealth advisors. Adjacent ecosystem participant that supports similar HNW advisory workflows.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Katahdin Capital