Overview
Highview Capital Management, LLC (“Highview” or “our firm”) is dedicated to providing individuals and
other types of clients with a wide array of investment advisory services. Our firm is a limited liability
company formed under the laws of the State of Delaware in 2019 and has been in business as an
investment adviser since 2020. Highview is an SEC-registered investment adviser, owned by Michael
McNitt, Mark Sansoterra & Nicklaus Streit (“Managing Partners”).
The purpose of this Brochure is to provide a summary of the services we offer as well as to disclose any
conflicts of interest associated with the investment transactions, compensation and any other matters
related to investment decisions made by our firm or its representatives. As a fiduciary, it is our duty to
always act in the client’s best interest. This is accomplished in part by knowing our client. Our firm has
established a service-oriented advisory practice with open lines of communication for many different
types of clients to help meet their financial goals while remaining sensitive to risk tolerance and time
horizons. Working with clients to understand their investment objectives while educating them about our
process facilitates the kind of working relationship we value.
Types of Advisory Services Offered
Wealth Management:
As part of our Wealth Management service clients will be provided discretionary asset management and
financial planning or consulting services. This service is designed to assist clients in meeting their financial
goals through the use of a financial plan or consultation. Our firm conducts client meetings to understand
their current financial situation, existing resources, financial goals, and tolerance for risk. Based on what
is learned, an investment approach is presented to the client, consisting of individual stocks, bonds, ETFs,
options, mutual funds and other public and private securities or investments. Once the appropriate asset
allocation has been determined, portfolios are continuously and regularly monitored, and if necessary,
rebalanced based upon the client’s individual needs, stated goals and objectives.
Tailoring of Advisory Services
Our firm offers individualized investment advice to our Wealth Management clients. Each Wealth
Management client can place reasonable restrictions on the types of investments to be held in the portfolio.
Clients should be aware that placing investment restrictions on the management of their account(s) may
impact
performance. Restrictions on investments in certain securities or types of securities may not be
possible due to the level of difficulty this would entail in managing the account.
For certain assets custodied at Pershing, Clients may obtain a securities-backed line of credit (“SBLOC”)
through either Bank of New York Mellon N.A. or its affiliate Pershing, LLC (“Lender”). Interest rates
between the two entities are typically identical. The Lender is not affiliated with Highview or any of its
affiliates. Interested Clients will complete a loan application and loan agreement through the Lender, and
Lender will determine the Client’s eligible line of credit subject to the Lender’s eligibility requirements and
terms and conditions. Client assets will continue to be custodied at Pershing. While Client assets will be
ADV Part 2A – Firm Brochure Page 5 Highview Capital Management, LLC
considered pledged as collateral for the loan, Highview may be able to continue to manage the assets
consistent with the goals and objectives of the Client. Highview will generally recommend an SBLOC after
careful consideration and review with the Client. Each Client has unique circumstances that will be
evaluated on a case-by-case basis. By utilizing an SBLOC, the Client’s portfolio remains invested consistent
with their objectives rather than changing the asset allocations to withdraw funds. The main risks to the
Client in establishing an SBLOC are: 1) a decline in the market value of the collateral assets, and 2) a default
on the SBLOC. Depending upon the specific event, Clients could be subject to a limitation on the available
credit, be required to deposit additional assets, or make an immediate payment. In an extreme case of
default, the forced liquidation of securities is also a possibility. This may have significant negative tax
ramifications for the Client. Highview does not receive any fees or payments from the Lender or
Custodian.
If a Client chooses to utilize a line of credit instead of selling securities, Highview may benefit by receiving
an advisory fee on a greater total value of securities in a Client’s account, which is not reduced by any
outstanding amounts on the line of credit.
Participation in Wrap Fee Programs
Our firm does not offer or sponsor a wrap fee program.
Regulatory Assets Under Management
As of December 31, 2023, our firm manages $280,744,906 of regulatory assets on a discretionary basis,
and no assets under a non-discretionary basis.