Schiff Wealth Advisors

Peter Schiff serves as Chairman and Chief Global Strategist, setting the firm's macroeconomic framework and directing portfolio construction. In May 2024, his son Spencer Schiff was appointed to a portfolio management role, bringing a second-generation family member into day-to-day investment decision-making (per the firm's public communications, May 2024). All investment decisions flow from the top-down thesis that Peter Schiff has articulated publicly for decades across books, media appearances, and client communications.

The firm sources ideas entirely through its internal macroeconomic research framework, which Peter Schiff develops independently and disseminates through his daily podcast, books, and public appearances. There is no reliance on external manager pitches, institutional deal flow, or co-investor networks. Stock selection targets commodity producers, precious metals streaming companies, and select foreign-dividend payers that fit the firm's thesis of US dollar depreciation and broad equity overvaluation.

Schiff Wealth Advisors operates as a registered investment advisor serving external clients — it is not a single-family office. The firm manages portfolios for individuals who align with its concentrated hard-asset strategy. While Peter Schiff controls the firm's direction and his son has joined as a portfolio manager, it does not manage a multi-generational family fortune in the single-family-office model.

The firm constructs portfolios almost exclusively through direct holdings in equities and physical precious metals. It does not act as a limited partner in private equity or venture capital funds, nor does it manage commingled pooled vehicles on behalf of clients. Holdings are typically held in separate client accounts rather than through fund-of-funds structures.

The firm explicitly avoids US Treasury bonds, broad US equity index funds, and growth stocks that trade at elevated valuation multiples relative to the commodity producers and foreign equities it favors. Peter Schiff has publicly condemned passive indexing into US large-cap equities as a dangerous concentration in overvalued assets, and the firm's portfolios reflect that avoidance structurally — you will not find an S&P 500 core allocation in a standard Schiff Wealth Advisors portfolio.

Euro Pacific Capital is a separate broker-dealer that Peter Schiff founded prior to Schiff Wealth Advisors. While the two firms share Schiff's macroeconomic thesis, Schiff Wealth Advisors operates as a distinct registered investment advisor focused on managed account portfolios. Euro Pacific Capital functions as a brokerage for self-directed investors who may align with similar hard-asset and foreign-equity views.

Physical gold and gold mining equities are core allocations, not satellite positions. The firm treats precious metals as the primary portfolio anchor rather than a diversification tool, arguing that conventional portfolios underweight hard assets relative to the inflation and currency debasement risks Schiff has long forecast. Gold streaming and royalty companies, which provide leveraged exposure to precious metals prices without the operational risks of mining, feature prominently in client holdings alongside physical bullion.