Michael A. McClain, CFA, is the Founder and Chief Executive Officer of PAC Capital, an independent investment management firm headquartered in Lake Forest, Illinois. Michael leads the firm's investment management activities and works directly with high-net-worth and ultra-high-net-worth individuals, families, and institutions.

Michael brings an institutional investment management background to PAC Capital's boutique, family-office approach. Prior to founding PAC Capital, he served as Chief Investment Officer of Hedeker Capital. Previously, Michael spent eight years as part of the investment management team at AAM, where he helped manage approximately $4 billion in institutional investment portfolios. Earlier in his career, he worked as a trader at Countrywide and an Analyst at Citigroup in their Investment Services division. 

Michael's investment experience spans multiple asset classes and market environments, including equities, corporate and municipal credit, structured products, foreign exchange, and derivatives.

That cross-asset experience informs PAC Capital's approach to portfolio construction. Rather than relying on standardized model portfolios or third-party recommended lists, PAC Capital conducts its own investment research and constructs portfolios around the specific objectives and circumstances of each client.

For high-net-worth and ultra-high-net-worth families, Michael's role extends beyond individual security selection. He works with clients on asset allocation, portfolio construction, risk management, liquidity planning, tax-aware investment management, manager and security research, and the integration of public and private investments within the family's broader portfolio.

Michael earned his Bachelor of Science from Indiana University's Kelley School of Business.

He is a CFA® charterholder and a member of CFA Society Chicago.

PAC Capital is an independent investment management firm headquartered in Lake Forest, Illinois, on Chicago's North Shore. We provide customized portfolio management, outsourced CIO, and family office investment management services to high-net-worth and ultra-high-net-worth individuals and families throughout the North Shore, including Lake Forest, Lake Bluff, Winnetka, Glencoe, Highland Park, Wilmette, and Kenilworth.

PAC Capital combines institutional investment expertise with direct portfolio management and the personalized service of a family office. Our investment approach is designed around each family's unique objectives, risk considerations, liquidity needs, tax circumstances, and broader financial priorities.

While deeply rooted in Chicago's North Shore, PAC Capital serves clients across the United States and internationally.

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