Miramar Capital, LLC

Miramar Capital, LLC is a registered investment advisory firm headquartered in San Clemente, California, along the Southern California coast. The firm was founded by Max Wasserman, who serves as Managing Partner and leads the firm's investment strategy and client advisory operations. Miramar Capital files quarterly 13F disclosures with the Securities and Exchange Commission under CIK #0001767812, establishing a transparent public record of its disclosed equity allocations that dates to the late 2010s. Operating as an independent RIA, Miramar Capital serves a client base composed primarily of high-net-worth individuals and affluent retail investors seeking personalized, goals-based wealth management. The firm's Southern California positioning places it within a region known for its concentration of entrepreneurial wealth, technology industry professionals, and retirees with complex financial planning needs—a demographic mix that naturally shapes the advisory services and portfolio construction approach the firm employs. Miramar Capital's organizational structure reflects the hallmarks of a founder-led boutique advisory practice: direct client access to senior investment leadership, a focused investment process, and the agility to adapt portfolio positioning without the constraints of large institutional bureaucracy. The firm's name, evoking the coastal geography of its home base, underscores its roots in the Southern California financial advisory community. Its growing filing history provides researchers and allocators with an increasingly robust dataset for analyzing the firm's investment decision-making and portfolio evolution through the platform's 13F history tools.

Miramar Capital employs a growth-oriented, quality-focused investment strategy that seeks to identify companies with durable competitive advantages, strong earnings trajectories, and sustainable business models. The firm's investment philosophy centers on the conviction that long-term capital trajectory is best served by owning high-quality businesses that can compound value through multiple market cycles rather than by chasing short-term momentum or speculative opportunities. The firm's 13F Portfolio Composition reflects a diversified but deliberately growth-tilted equity allocation, with meaningful positions across technology, consumer discretionary, and healthcare sectors. This sector mix reveals a portfolio construction methodology that favors industries characterized by innovation, secular demand growth, and margin expansion potential. Within these sectors, the firm gravitates toward established market leaders and category-defining companies—names with proven revenue models, robust free cash flow generation, and management teams with demonstrated capital allocation discipline. Miramar Capital's quality screen serves as a critical differentiator. Rather than pursuing aggressive growth at any price, the firm appears to apply fundamental criteria that filter for businesses with strong balance sheets, consistent earnings growth, and returns on invested capital that exceed their cost of capital. This quality overlay tempers the pure growth orientation, anchoring the portfolio in companies with earnings durability rather than speculative upside. Portfolio turnover tends to be low to moderate, consistent with a philosophy that emphasizes long-duration ownership and the compounding benefits of patient capital deployment. The Sector Allocation History across sequential filing periods shows a relatively stable strategic framework, with the firm maintaining its core sector exposures while making measured adjustments at the margin. This stability suggests that Max Wasserman's investment process is driven by enduring fundamental convictions rather than reactive tactical trading. The overall approach positions Miramar Capital within the quality growth segment of the investment style spectrum—a space that appeals to wealth management clients who prioritize steady compounding behavior and capital preservation alongside participation in equity market appreciation.

Miramar Capital, LLC presents the profile of a quality-growth investment advisor rooted in Southern California's affluent advisory market. Under Max Wasserman's leadership, the firm constructs diversified equity portfolios that balance growth-sector participation with fundamental quality discipline across technology, consumer discretionary, and healthcare. The firm's SEC filing record under CIK #0001767812 provides a meaningful multi-year analytical window into its portfolio architecture and investment decision-making. Central analytical dimensions for evaluating the firm include its Annualized Return (CAGR) as estimated through historical replication of disclosed 13F positions, which illuminates the compounding behavior generated by the firm's quality-growth approach relative to passive equity benchmarks. Equally informative is the Sharpe Ratio implied by the disclosed portfolio's risk-adjusted outcomes—a metric that captures whether Miramar Capital's security selection adds genuine efficiency beyond what simple beta exposure would deliver. The firm's quality-growth positioning creates an analytically rich environment for regime analysis. During periods of synchronized earnings growth and accommodative monetary policy, this style alignment should contribute positively to capital trajectory. Conversely, during environments of rising interest rates, multiple compression, or sharp value-factor rotations, the growth tilt introduces potential headwinds that the quality filter may only partially offset. The defining diagnostic question for allocators evaluating Miramar Capital is: does the firm's quality screen provide genuine drawdown protection during growth-factor dislocations, or does the quality overlay primarily enhance returns during favorable growth environments without meaningfully altering the portfolio's downside capture during regime transitions where growth equities are the epicenter of market stress?

Miramar Capital's risk profile is shaped by two counterbalancing forces: the inherent volatility of its growth-oriented sector exposures and the stabilizing influence of its quality-focused security selection. The net effect produces a portfolio with moderate risk characteristics, positioned to capture upside during favorable growth environments while providing a degree of downside resilience through its quality filter. The firm's Volatility Profile would be expected to track modestly above broad market benchmarks during periods of elevated growth-factor volatility, reflecting the portfolio's structural tilt toward technology and consumer discretionary names. However, the quality orientation—favoring profitable, cash-generative businesses over speculative growth stories—provides a natural volatility dampener that distinguishes Miramar Capital's risk signature from more aggressively growth-tilted peers. From a Max Drawdown Depth perspective, the combination of diversification across multiple growth-oriented sectors and the quality screen creates a portfolio that should experience drawdowns within a reasonable band of broad market indices during correction events. The critical variable is the degree to which the firm's top holdings are concentrated in a narrow set of mega-cap growth names, as excessive concentration in a small number of positions could amplify drawdown severity during sector-specific selloffs. The firm's low-to-moderate turnover contributes to a risk management approach that is primarily structural rather than tactical. Miramar Capital appears to manage risk through thoughtful initial position construction and ongoing fundamental monitoring rather than through frequent portfolio reshuffling or the deployment of hedging instruments. This approach aligns with the firm's wealth management mandate, where tax efficiency and behavioral consistency are often as valued as pure risk mitigation. As with all 13F-derived analysis, it bears emphasizing that the disclosed equity book represents only a partial view of client portfolios. Miramar Capital likely maintains additional allocations to fixed income, cash, ETFs below the 13F reporting threshold, and potentially alternative investments that collectively shape the total risk experience of its clients. The disclosed equity positions should therefore be evaluated as one component of a broader asset allocation framework.