Bellefonte, Pennsylvania (PRWEB) July 28, 2011
Are you unknowingly supporting companies profiting from Abortion, Alcohol, Gambling, Pornography, and/or Tobacco? Unfortunately, for many Christian churches and individual investors, the answer is often, "I'm not sure." TitheCapital LLC, a newly established Christian faith based investment management firm, has created a solution many feel has been a long time coming.
Joshua A. Fritchman, the founder of TitheCapital states, "As stewards of God's gifts it's everyone's responsibility to ensure His money is being invested ethically. We, at TitheCapital, are devoted to helping Christian stewards manage these gifts within a Christian values based framework. While traditional money managers may focus on absolute return and outperforming benchmarks, we focus on long term growth, reduced risk, and Christian values." The firm prides itself in never investing in firms that profit from abortion, alcohol, gambling, pornography, and/or tobacco or openly support alternative lifestyles.
When asked what made TitheCapital different from other faith based investment options Mr. Fritchman answered, "There are three major factors differentiating TitheCapital from other faith based investment options. First, we tithe ten percent of our gross management fee to Christian charities selected by our investors. The accumulated funds are donated at year-end on behalf of each investor, not TitheCapital. Second, as a boutique investment manager, we are able to provide a direct relationship between the investor and the portfolio manager. There are no middlemen, salesmen, or "financial advisors" to muddy the communication and increase cost. We are paid a fee based on asset size, not investment recommendations or selling high margin products. TitheCapital is a lean operation devoted to its clients, not just another broker. Lastly, but just as important, our fees are some of the lowest in the industry. We never charge front end (to get into the fund) or back end (to cash out) load fees, 12b-1 fees (sales fee used to pay traditional financial advisors), or any other confusing fee common within the industry. We charge a clearly stated asset based management fee, nothing else. We encourage all Christian stewards to compare our fees with our competition; it's our duty to be informed investors of God's gifts."
Mr. Fritchman is a graduate of The Pennsylvania State University with a Masters degree in Business Administration and a Bachelors degree with Distinction in Finance. He also holds the FINRA Series 65/Uniform Investment Advisor License and is a Registered Investment Advisor. Prior to establishing TitheCapital he was an equity trader and analyst for OppenheimerFunds Institutional Asset Management and a senior fixed income investment analyst for AmeriServ Associates Inc. He and his wife, Danielle, have two sons, Caleb and Carson.