Founded in 2001, McClain Value Management is an independent SEC-registered investment advisory firm specializing in long-term, concentrated fundamental value investing.

Our Partners

Phillip C. McClain

Managing Partner, Portfolio Manager, CFA

BIO

27 Years in Investment Management

McClain Value Management

Sasco Capital

Forstmann-Leff Associates

4 Years in Investment Banking

Stamford-Atlanta Capital

Wertheim Schroder

3 Years in Accounting

Arthur Andersen & Co (CPA)

Education

MBA
Johnson Graduate School of Management,
Cornell University

London Business School Exchange Program

Salomon Brothers Intern

BS  Lehigh University

Stamford CFA Society, Member

Joseph W. Donaldson

Managing Partner, Portfolio Manager

BIO

21 Years in Investment Management

McClain Value Management

Epoch Investment Partners

Steinberg Asset Management

First Manhattan Company

3 Years in Sell Side Research

Lehman Brothers

5 Years in Real Estate Turnarounds

Lehman Brothers

5 Years in Accounting

Citibank

Price Waterhouse & Co. (CPA)

Education

MBA  Columbia University

BBA  University of Georgia

Norwalk Community College Foundation, Board Member

Why Choose Us

We follow a long-term value approach to investing and seek to capitalize on investor impatience by buying out-of-favor, high quality assets trading at depressed prices, and allowing time for the strategy to play out. We invest primarily in stocks that are either undergoing change or offer attractive free cash flow.

Our belief that MVM clients will be well served in the future rests on the following:

Our focus on out-of-favor, less-researched and often complex stocks provides opportunities that others overlook

Our skills and backgrounds are well suited for the research critical to assessing such complexities.

Longer-term view focusing on how a company can evolve over several years helps “tune out” the short-term noise that often compromises good investment decisions.

Differentiated management insights because of our bias for less popular stocks, we face less competition for management access. In turn, our long-term investment mindset and comprehensive research approach often lead managements to view MVM as having aligned interests. We find this gives rise to more thoughtfulness and candor, deepening our understanding and leading to better investment decisions.

Patience we wait to buy until our valuation and research coalesce. Our comfort with holding cash in lieu of sufficient conviction mitigates the emotion to “do something.”

Conviction thru investing alongside our clients – “if it’s not good enough for us, it likely won’t be good enough for our clients.”

Boutique Contrarian Value Manager

Four concentrated equity strategies

100% employee-owned

Two partners with extensive experience, both 100% in the firm’s strategies

Focused on managing money—not on raising assets