McClelland named CEO of Pinnacle Capital Management

DeWITT, N.Y. — Pinnacle Holding Company, LLC has appointed Kevin McClelland CEO of its money-management division, Pinnacle Capital Management, LLC (PCM).

McClelland has been serving as PCM’s interim CEO since the retirement of Joe Masella almost a year ago, Elizabeth Higman, marketing & branding manager for Pinnacle Holding Company, tells CNYBJ in an email.

Pinnacle Holding Company, a financial and business-services firm headquartered in DeWitt.

McClelland began his career with Pinnacle Investments, LLC in 2008 as a business analyst, later joining Pinnacle Capital Management (PCM) as a financial analyst in 2010. During his time with PCM, McClelland has served in roles as COO and chief compliance officer (CCO), managing all the firm’s operations.

During his tenure as COO and CCO, McClelland oversaw the launch of the Pinnacle Capital Management Funds Trust, which manages the 1789 Growth and Income Fund, as well as the launch of two private investment funds.

As CEO, McClelland is tasked with growing the Pinnacle Capital Management brand and both its separately managed account and fund-advisory business.

“It has been inspiring to see and be a part of the Pinnacle Family of Companies’ growth and maturation over the past decade plus,” McClelland said. “I am excited to help continue and accelerate that growth in the asset management sector where Pinnacle Capital Management operates.”

 

About PCM

Pinnacle Capital Management is wholly owned by Pinnacle Holding Company, LLC. It also owns Pinnacle Investments, an independent broker-dealer; Confidential Planning, a 403(b) provider; and Pinnacle Employee Services, a professional employer organization.

Founded in 2006, Pinnacle Capital Management is a U.S. Securities and Exchange Commission-registered investment advisor that manages funds and separate accounts — catering to institutions, pension funds, and high net-worth individuals.

The Pinnacle Holding Company oversees more than $2 billion in client assets.