# Stance Capital

> Stance Capital is a Boston-based, SEC-registered investment advisor founded in 2016. The firm manages systematic equity strategies and fundamental conservation strategies for financial advisors, institutions, and family offices, available as separately managed accounts (SMAs), model portfolios, and ETFs for which Stance serves as sub-advisor.

Stance runs two platforms: Stance Strategies (systematic, rules-based, quantitative equity) and Karner Blue Conservation Strategies (discretionary, biodiversity- and conservation-focused). Stance is sub-advisor to two listed ETFs and also offers separately managed accounts and model delivery through custodial platforms including Schwab, Fidelity, LPL, First Affirmative, and Adhesion.

## Strategies

- [Stance Sustainable Beta](https://stancecap.com/invest/stance-sustainable-beta): Equal-weighted, index-tracking passive equity strategy; independently certified carbon neutral.
- [Stance Sustainable Beta ETF](https://stancecap.com/etfs/stance-sustainable-beta-etf): Listed ETF version of Stance Sustainable Beta.
- [Stance ESG U.S. Large Cap Core](https://stancecap.com/invest/stance-esg-us-large-cap-core): Actively managed, hard-exclusion, risk-optimized large cap equity strategy.
- [Hennessy Sustainable ETF](https://stancecap.com/etfs/hennessy-sustainable-etf): Actively managed ETF sub-advised by Stance, free of fossil fuels, weapons, and tobacco.
- [Stance Premium Income](https://stancecap.com/invest/stance-premium-income): Risk-optimized income strategy using a covered call options overlay.
- [Stance KB Global Biodiversity](https://stancecap.com/invest/karner-blue-global-biodiversity): Discretionary, research-driven global biodiversity strategy under the Karner Blue platform.
- [Stance KB US Conservation](https://stancecap.com/invest/karner-blue-us-conservation): Discretionary, research-driven US conservation strategy under the Karner Blue platform.
- [Stance KB Ocean Impact](https://stancecap.com/invest/karner-blue-ocean): Discretionary, research-driven global ocean-impact strategy under the Karner Blue platform.
- [Compare all strategies](https://stancecap.com/strategies): Side-by-side comparison of all Stance and Karner Blue strategies.

## Who Stance Serves

- [Financial Advisors](https://stancecap.com/blog/financial-advisors): SMAs, ETFs, and model delivery across multiple custodial platforms.
- [Foundations & Endowments](https://stancecap.com/blog/foundations-endowments): Systematic, defensible screening with full fiduciary documentation.
- [Family Offices & High-Net-Worth Investors](https://stancecap.com/blog/family-offices-high-net-worth-investors): SMA transparency and tax-aware structures for concentrated and low-basis positions.
- [Employer Retirement Plans](https://stancecap.com/blog/employer-retirement-plans): 3(21) co-fiduciary services with process documentation for plan sponsors.

## Capabilities

- [ETFs](https://stancecap.com/blog/etf-capabilities-advisors-asset-managers): ETF sub-advisory and launch support for other investment managers.
- [Managed Accounts](https://stancecap.com/blog/managed-accounts-advisors-institutions): Separately managed account structure and custodial access.
- [Model Delivery](https://stancecap.com/blog/model-delivery-uma-model-portfolios): Unified managed account (UMA) model delivery for advisors.
- [Consulting](https://stancecap.com/blog/consulting-quantitative-ai-ml): Quantitative research and systematic investment process consulting.

## Learn

- [Investing with Stance: How to Get Started](https://stancecap.com/blog/investing-with-stance): Overview of how relationships with Stance work and what the first conversation looks like.
- [Section 351 ETF Exchanges](https://stancecap.com/blog/section-351-etf-exchange-primer): Guide to Section 351 ETF exchange mechanics, eligibility, and process.
- [SMA vs. ETF: A Decision Guide](https://stancecap.com/blog/sma-vs-etf-taxable-investors): Comparison of separately managed accounts and ETFs for taxable investors.
- [What Is Carbon-Neutral Investing?](https://stancecap.com/blog/what-is-carbon-neutral-investing): Explanation of how Stance Sustainable Beta achieves annual carbon-neutral certification.
- [Market Perspectives](https://stancecap.com/category/market-insights): Ongoing commentary on sustainable markets and portfolio construction.

## About

- [Who We Are](https://stancecap.com/about/who-we-are): Firm background, founding, and philosophy.
- [Press](https://stancecap.com/about/press): Media appearances and press coverage featuring Stance Capital, Bill Davis, and Kyle Balkissoon.
- [Media Kit](https://stancecap.com/about/media-kit): Brand assets and firm information for media use.
- [Contact Us](https://stancecap.com/about/contact): How to get in touch with Stance Capital.

## Disclosures

- [Terms and Risks](https://cdn.prod.website-files.com/68d6c84762853922fad62379/6a49034c67feb6e78cf9fada_Disclosures_Stance_20171030.pdf)
- [Privacy Policy](https://cdn.prod.website-files.com/68d6c84762853922fad62379/6a4902f53052977cb1328732_Stance%2BCapital%2B-%2BPrivacy%2BNotice.pdf)
- [Fees Table](https://cdn.prod.website-files.com/68d6c84762853922fad62379/6a49001db550267ae3117c58_MAFeeTable_Stance_20191210.pdf)
- [Client Relationship Summary (Form CRS)](https://cdn.prod.website-files.com/68d6c84762853922fad62379/6a4900057d3b027f52b54b13_2025-02-31-FormCRS-EB.pdf)
- [Form ADV Part 2A](https://cdn.prod.website-files.com/68d6c84762853922fad62379/6a48ff3422fc65b7afcc99f4_Stance%20Capital%20ADV%20Part%202A%203.31.2026.pdf)
- [GIPS Report](https://cdn.prod.website-files.com/68d6c84762853922fad62379/6a4900f17d3b027f52b5655b_Stance%20GIPS%20Report%20-%20Firm-Wide%203Q2025%20(1).pdf)

Stance Capital, LLC is a registered investment advisor with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. This site is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.