A wealth management firm that
blends expert investing with new
economy sustainability and
independent vision.
Our focus is sustainability through growth, collaboration, and
innovative investing—for our clients and for society at large.
Our Approach
Montcalm is guided by our long-held values: integrity, collaboration, engagement and our client’s sustainability.
INTEGRITY
We believe in transparency and trust with our clients and partners.
COLLABORATION
We provide a customized approach for each client, with service that is highly attuned to your needs.
ENGAGEMENT
We untie knots in your financial life and work together to develop a clear path to short and long-term wealth goals.
CLIENT SUSTAINABILITY
We create a secure financial future for our clients and care about the broader impact that investing has on the world— economically, environmentally and socially.
We understand risk, reward, and transparency in this new economic landscape, and our expertise helps to protect and grow your wealth.
Our Services
We invest in companies, asset classes, and investment vehicles that provide superior cash flows and are achieving greatness through innovative products, services and environmental and social practices.
CLIENT FINANCIAL GOALS
We are committed to providing expert advice and intelligent risk management that supports your values, needs and goals in the short and long-term.
CULTURE OF UNDERSTANDING
Whether we are undoing knots in your financial life or clearly defining a financial plan based on your values and goals, our role as your advisor or consultant is to guide you to the best investment offerings for your needs.
EXPERTISE
Decades of investment experience across all asset classes has led to our investment philosophy and innovative approach, which is dedicated to people, engaged in relationships and creates sustainable investment results.
We believe that wise investment opportunities have multiple paths to success and take the long view of influencing future developments as shareholders, bondholders, and stakeholders.
SUCCESS
Blending highly attuned personal service, solid values and innovative disruption, we actively seek to enrich the lives of our clients as well as the world around us. The result is a better economic model for everyone. This motivates and inspires us to do our best every day.
Guiding Investment Principles
HOLLY RUXIN CEO
Holly stewards Montcalm, a certified B corp, in the blending of expert investing with new economy sustainability and independent vision. Holly works to guide clients to engage with their wealth by providing services that support their values, needs, and goals in the short and long term, while facilitating a holistic trading flow in impactful investments. For over twenty years, Holly has managed client assets and led private client teams
at Morgan Stanley, Montgomery Securities, and Bank of America. Holly began her investment career at Goldman Sachs in the fixed income derivatives division, where she learned indelible lessons about risk management and cultivated an expert understanding of securities, complex derivatives, and fixed income. Holly uses that extensive experience and expertise to devise customized portfolios for Montcalm’s clients, and create financial sustainability within an overall better economic system for all.
KAITLYN ABRAMS PORTFOLIO MANAGEMENT
Kaitlyn fosters the foundational alignment of Montcalm’s portfolios with client values and well-being. Integrating portfolio analysis and management, client engagement, ESG research and due diligence on prospective investments, Kaitlyn connects clients with the powerful financial, social and environmental sustainability created in their portfolios at Montcalm.
Kaitlyn’s previous background features work with environmental NGOs, a Master’s in English at the University of Maine and a Master’s in Environmental Governance at the University of Oxford. She founded Spire: The Maine Journal of Conservation and Sustainability and was awarded First Place at the 2018 International Business Ethics Case Competition in Boston. In her free time, Kaitlyn enjoys vegetarian cooking, international travel, exploring the outdoors, and singing and playing the ukulele.
SUZANNE ANDREWS CONNECTIONS
Suzanne’s areas of focus at Montcalm are education, communication, and connections. She develops our educational programs for clients and the broader community, to support people in reaching a deeper understanding of their relationship with money and how to invest for their future from a place of positive engagement. Through strategic communications, she articulates our unique services and approach, so that people looking for holistic, transparent, and expert financial services will connect with us.
Previously, Suzanne was a software engineer at Apple and a midwife’s assistant, and she is a proud mom. She is passionate about creating opportunities for people to understand and utilize the power of their money. She co-authored the historic first book for women about angel investing, Impact With Wings.
KYLE OVERMAN ANALYST
With 5+ years of diverse experience in creating equitable and regenerative financial services business models, Kyle joins Montcalm TCR to develop investment and analysis strategies for fixed income and alternative investments. When not diving into Bloomberg or reading up on market drivers, he is helping with various projects to support client and business operations.
In his free time, Kyle is either learning to play piano, cooking Italian food, exercising, or learning about history of diseases and epidemiology. He holds a BS from University of Michigan and an MBA from Presidio Graduate School.
Montcalm TCR, LLC (“Montcalm”) is a SEC registered investment adviser with an office in San Francisco, California. Certain Investment Adviser Representatives of Montcalm may also be licensed as registered representatives of Mutual Securities, Inc. (“Mutual Securities”) and may transact securities related business in that capacity. Montcalm may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Montcalm’s web site on the internet is limited to the dissemination of generic information pertaining to its advisory services, together with access to investment related information and links. The publication of Montcalm’s website on the internet should not be construed by any consumer or prospective client as a solicitation to effect transactions in securities or the rendering of personalized investment advice for compensation, over the internet. A copy of Montcalm’s current written disclosure statement discussing its business operations, services and fees is available upon written request. Montcalm does not make any representation or warranties as to the accuracy, timeliness, suitability, completeness or relevance of any information prepared by any unaffiliated third party whether linked to Montcalm’s web site or incorporated herein. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment or strategy (including those recommended by Montcalm)or product made reference to directly or indirectly by Montcalm in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results, investment indices and/or categories generally do not reflect the deduction of transaction fees, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which have the effect of decreasing historical performance results. Certain portions of Montcalm’s web site may contain discussion of and/or provide access to Montcalm (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and recommendations(s). Moreover, no client or prospective client should assume that any such discussion serves as receipt of, or a substitute for, personal advice from Montcalm or from any other investment professional. Montcalm is not an attorney, and no portion of the web site content should be interpreted as legal advice. To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Montcalm’s web site, the client or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed in any manner whatsoever, as the receipt of, or substitute for, personalized individual advice from Montcalm or from another investment professional. Each client or prospective client agrees, as a condition precedent to his/her/its access to Montcalm’s web site, to release and hold harmless Montcalm, its officers, directors, owners and employees from any and all adverse consequences resulting from and of his/her/its actions and/or omissions which are independent of his/her/its receipt of personalized individual advice from Montcalm.
Privacy Policy
Montcalm TCR LLC (“Montcalm”), an independent investment advisory and financial services firm, is committed to safeguarding the confidential information of its clients. We hold all personal information provided to our firm in the strictest confidence. These records include all personal information that we collect from you in connection with any of the services provided by Montcalm. We have never disclosed information to nonaffiliated third parties, except as permitted by law, and do not anticipate doing so in the future. If we were to anticipate such a change in our firm policy, we would be prohibited under the law from doing so without advising you first. As you know, we use financial and other personal information that you provide to us to help you meet your personal financial goals while guarding against any real or perceived infringements of your rights of privacy. Our policy with respect to personal information about you is listed below.
We limit employee and agent access to information only to those who have a business or professional reason for knowing, and only to nonaffiliated parties as permitted by law. (For example, Federal regulations permit us to share a limited amount of information about you with a brokerage firm in order to execute securities transactions on your behalf, or so that our firm can discuss your financial situation with your accountant or lawyer.)
We maintain a secure office and computer environment to ensure that your information is not placed at unreasonable risk.
The categories of nonpublic personal information that we collect from a client depend upon the scope of the client engagement. It will include information about your personal finances, information about your health to the extent that it is needed for the planning process, information about transactions between you and third parties, and information from consumer reporting agencies.
For unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors, we also require strict confidentiality in our agreements with them and expect them to keep this information private. Federal and state regulators may also review firm records as permitted under law.
We do not provide your personally identifiable information to mailing list vendors or solicitors for any purpose.
Personally identifiable information about you will be maintained during the time you are a client, and for the required time thereafter that such records are required to be maintained by Federal and state laws, and consistent with the CFP board, CFA Institute and NAEA Code of Ethics and Professional Responsibility. After this required period of record retention, all such information will be destroyed.
Form CRS
Client Relationship Summary of Your Investment Advisory Account with [firm name]
Introduction. Montcalm TCR LLC is registered as an investment adviser with the Securities and Exchange Commission. Brokerage and investment advisory services are different from each other, and it is important for you to understand the differences. In this Summary, “we” or “our firm” refers to Montcalm TCR, and “you” refers to our retail investor clients and potential clients. You can access free and simple tools to research our firm and other firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers and investing.
What investment services and advice can you provide me?
We provide investment advisory services to retail investors. Montcalm is a San Francisco-based investment management firm founded in 2012. Montcalm offers customized investment management services to individuals, trusts, estates, conservators and guardians, charitable organizations, corporations and other types of business entities as well as to a private investment fund as described below. Collectively, all clients of Montcalm are referred to as (“Clients”). Investment management services are offered primarily on a fully discretionary basis, unless otherwise noted. Some of the investment instruments Montcalm advises its clientele on include, but are not limited to, stocks, bonds, investment company securities, equity exchange-traded funds (“ETFs”), derivatives and private funds. Montcalm provides advisory services and portfolio management services but does not provide custodial or other administrative services at this time.
Additional information is available on our Form ADV which you can access here
Questions you can ask us
Given my financial situation, should I choose an investment advisory service? Why or why not?
How will you choose investments to recommend to me?
What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
What fees will I pay?
Montcalm charges fees based on a percentage of assets under management. The specific fees charged by Montcalm will be set forth in each Client’s written Agreement with Montcalm. Although Montcalm believes its advisory fees are competitive, Clients should be aware that lower fees for comparable services may be available from other sources. Montcalm charges a minimum $1500 annual fee per household. Montcalm charges a monthly asset management fee based on the time-weighted daily average balance of the account(s) for the previous month. Asset management fees are calculated as of the close of business on the 19th day of each month and are debited from the Client’s account(s) on the following business day. Fees are generally calculated based on the following annual percentages; however, Montcalm may, in its sole discretion, modify its annual fee through written agreement with its Clients.
Please refer to your individual Client Agreement and associated fee schedule for further clarification: Annual Management and Advisory Fee (other than Montcalm Donor Fund):
1.0% on the first $2,000,000; 0.95% on the next $2,000,001 to $5,000,000; 0.90% on the next $5,000,001 to $10,000,000; 0.80% on the next $10,000,001 to $25,000,000; 0.60% on the next $25,000,001 to $50,000,000; 0.40% on the next $50,000,001 to $100,000,000; 0.20% on the remaining balance.
For Client accounts that have investments in private funds or other alternative investments the notional for such private fund and alternative investments included in the fee calculation will only be calculated on invested capital and unrealized gains in the alternative investment and only charged during the specific fund’s stated investment period, if any.
You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.
Additional information is available on our Form ADV which you can access here
A question you can ask us
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the investment advice we provide you. Here are some examples to help you understand what this means.
Typically, the more assets there are in your advisory account, the more you will pay in fees, and we may therefore have an incentive to encourage you to increase the assets in your account.
Other examples?
You may also pay other indirect fees and costs related to our investment advisory services in addition to our principal fees and costs: such as management fees for private investments.
Additional information is available on our Form ADV which you can access here
A question you can ask us
How might your conflicts of interest affect me, and how will you address them?
How do your financial professionals make money?
Our financial professionals are paid an annual salary and bonus based on their performance related to serving our clients and managing our portfolios.
Do you or your financial professionals have legal or disciplinary history?
None of our financial professionals have a disciplinary history.
You can visit Investor.gov/CRS for free and simple search tools to research us and our financial professionals.
A question you can ask us
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
Please contact Holly Ruxin at 415-326-7640 if any additional questions.
A question you can ask us
Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?
415.326.7650 
