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Payne Capital Management
The firm was established in New York in 2008 by Bob Payne and his son Ryan Payne, who now serves as President. It operates as a fee-only registered investment...
Payne Capital Management
The firm was established in New York in 2008 by Bob Payne and his son Ryan Payne, who now serves as President. It operates as a fee-only registered investment advisor, structuring customized portfolios that combine individual securities with third-party active and passive funds. The client base is concentrated among high-net-worth families, trusts, and businesses seeking an alternative to the wirehouse model the principals left behind. Payne Capital runs global, multi-asset portfolios spanning equities, fixed income, and alternatives. The firm does not manufacture its own investment products. Instead, it selects external managers across large-cap, small-cap, international, and emerging-market strategies, blending them with strategic bond allocations and, where client mandates permit, private real estate and hedge fund exposure via sub-advisors. The investment committee — led by Ryan Payne — emphasizes manager access, fee awareness, and tax-efficient implementation. Mandates cover both taxable and retirement assets. With an office footprint limited to the New York metro area, the team has historically numbered in the single digits, keeping the advisor-to-client ratio tight. The firm's website and public regulatory filings do not disclose total assets under management. May 2023: Ryan Payne appeared on Fox Business to discuss equity market positioning, signaling an active retail-media presence that serves as the firm's primary external communication channel. Structurally, Payne Capital competes by rejecting the in-house product shelf that defines large bank wealth divisions. Its independence means portfolio construction starts with client objectives, not distribution agreements. This no-house-fund posture is shared by a small cohort of Manhattan RIAs — the differentiator is execution, not just structure.
General information
Firm type
Bank / Wealth / Trust
Year founded
2008
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Ryan Payne
President
Bob Payne
Founder
Frequently asked questions
Who runs investment decisions at Payne Capital Management?
Ryan Payne, the firm's President, chairs the investment committee and is the public face of portfolio strategy. He joined his father Bob Payne, the founder, and together they make allocation decisions across equities, fixed income, and alternative sub-advisors. The firm does not employ a separate CIO; the Paynes retain direct control over manager selection and portfolio construction.
Is Payne Capital an independent advisor or part of a larger financial institution?
It is an independent, fee-only registered investment advisor. The firm was deliberately structured outside the wirehouse ecosystem — Bob and Ryan Payne left large brokerage firms to launch it — and it does not answer to a parent bank or insurance company. This independence means the firm has no proprietary funds to distribute and no in-house product quotas.
Does Payne Capital manufacture its own investment products?
No. The firm does not run in-house mutual funds, ETFs, or private vehicles. It assembles client portfolios exclusively from third-party managers — spanning active mutual funds, passive ETFs, individual securities, and, where appropriate, alternative sub-advisors. This open-architecture approach is central to its pitch as an RIA.
What asset classes does the firm allocate to?
The firm builds global, multi-asset portfolios that typically include large-cap US equities, small-cap and mid-cap domestic stocks, international developed and emerging-market equities, investment-grade and high-yield bonds, and alternatives. Alternative exposure — when used — is accessed through private real estate and hedge fund sub-advisors rather than direct investment.
Does Payne Capital run model portfolios or fully customized accounts?
It runs customized accounts based on individual client objectives, tax circumstances, and liquidity needs. While the firm maintains firm-level strategic asset-allocation views — which Ryan Payne discusses in media appearances — implementation varies by account. The firm emphasizes that no two client portfolios are identical.
What is the firm's transparency posture on fees and conflicts?
As a fee-only RIA, Payne Capital charges a percentage of assets under management and does not collect commissions, 12b-1 fees, or revenue-sharing payments. The firm's Form ADV — publicly filed with the SEC — discloses its fee schedule and any potential conflicts. It does not publish AUM or client-count figures voluntarily.
Does the firm maintain philanthropic or family-office services?
Payne Capital is structured as a wealth management practice, not a comprehensive multi-family office. It provides financial planning and investment management but does not publicly advertise trust services, tax preparation, or philanthropic foundation administration. Clients with complex estate needs are typically referred to external counsel.
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