Most financial advisors stick to familiar territory: stocks, bonds, and mutual funds. Levi Pettit ventures into more sophisticated investment opportunities that many individual investors never encounter.
His background managing private equity and venture capital investments at a family office gives him unique insight into alternative investments—a knowledge base he now applies at Dornick Wealth Management.
“One unique aspect of family offices is they do a lot of alternative investing, so private equity, venture capital, commercial real estate,” Pettit explains. “Understanding how to use alternative investments in portfolios at the household level was really key.”
This expertise becomes particularly valuable for clients seeking diversification beyond traditional asset classes. While alternative investments aren’t appropriate for every client, they can provide benefits for those with suitable risk tolerance and investment timelines.
“Alternative investments are not for every client. We recognize that,” Pettit acknowledges. “It’s only going to be recommended when it’s appropriate.”
The investment professional’s approach to alternatives reflects his systematic methodology. Rather than chasing trendy investments, he focuses on opportunities that align with client goals and risk profiles.
“When you work with the best-in-class asset managers, on the alternative side, you can really achieve alpha for your portfolio,” he notes. “It’s also going to provide some diversification benefits or reduce volatility.”
This perspective stems from Pettit’s comprehensive background in both traditional and alternative investment management. His experience evaluating private deals and monitoring portfolio investments provides practical knowledge that extends beyond theoretical understanding.
At Dornick Wealth Management, this expertise translates into broader investment options for clients. The firm can evaluate private equity opportunities, venture capital investments, and commercial real estate deals that clients might encounter through their networks.
“Our goal is to be able to help them navigate those investment decisions,” Pettit states. “Any private equity opportunity, venture capital opportunity, startup opportunities, real estate opportunities that clients may come across in their day-to-day lives.”
This comprehensive approach to investment management sets Dornick apart from advisors who limit themselves to publicly traded securities. For clients seeking sophisticated portfolio construction, Pettit’s alternative investment expertise provides access to opportunities typically reserved for institutional investors.
Learn more about Levi’s approach to alternative investments and comprehensive portfolio management.