As a dedicated Private Fund Advisor specializing in Delaware Statutory Trusts (DSTs) and 1031 exchanges, I help real estate investors transition from active property management into more passive, income-focused investment strategies—while preserving and optimizing their wealth.

With a deep understanding of 1031 exchange rules, DST structures, and real estate investment cycles, I work closely with clients to design thoughtful, tax-efficient solutions tailored to their financial goals, risk tolerance, and long-term vision.

Whether you are selling an investment property, managing a highly appreciated asset, or simply exploring ways to simplify your real estate portfolio, I provide guidance that is both strategic and practical.

What I Specialize In

1031 Exchange Planning
Navigating a 1031 exchange can be complex, especially with strict timelines and identification rules. I assist clients in understanding their options, meeting critical deadlines, and structuring exchanges that align with both IRS requirements and personal investment objectives.

Delaware Statutory Trust (DST) Investments
DSTs allow investors to own fractional interests in institutional-quality real estate while potentially qualifying for 1031 exchange treatment. I help clients evaluate DST offerings, focusing on:

  • Income potential vs. appreciation
  • Sponsor strength and track record
  • Property type diversification (multifamily, industrial, medical, etc.)
  • Debt structures and risk exposure
  • Exit strategies and hold periods

Passive Income Strategies
Many of my clients are transitioning out of hands-on real estate management. I focus on solutions that can provide steady income while reducing the day-to-day responsibilities of property ownership.

Portfolio Diversification
Rather than concentrating risk in a single property, DSTs can allow investors to spread capital across multiple assets, markets, and asset classes. I help design portfolios that balance income, stability, and long-term positioning.

My Approach

I believe every investor’s situation is unique. There is no “one-size-fits-all” solution in 1031 exchanges or DST investing.

My process is centered on:

  • Understanding your goals — income needs, timeline, legacy planning, and risk tolerance
  • Education first — ensuring you fully understand how DSTs and exchanges work before making decisions
  • Strategic structuring — aligning investment selections with both tax considerations and portfolio objectives
  • Ongoing guidance — staying involved beyond the initial placement to help you adapt as markets and personal circumstances evolve

I also work collaboratively with your CPA, attorney, and financial advisor to ensure a coordinated approach.

Who I Work With

I typically work with:

  • Real estate investors selling appreciated property
  • Retiring landlords seeking passive income
  • High-net-worth individuals looking to defer capital gains taxes
  • Families focused on estate planning and step-up in basis strategies
  • Investors seeking diversification away from single-property risk

Why Clients Choose Me

Specialized Expertise
DSTs and 1031 exchanges are highly nuanced. My focus in this space allows me to provide insight beyond general real estate or financial advice.

Clear Communication
I break down complex concepts into clear, actionable information so you can make confident decisions.

Strategic Perspective
Beyond simply “placing funds,” I help structure portfolios with an emphasis on long-term outcomes, tax efficiency, and risk management.

Client-First Mindset
Your goals drive every recommendation. I prioritize transparency, suitability, and alignment with your financial future.

Important Considerations

While DSTs and 1031 exchanges offer powerful benefits, they also involve risks and limitations, including:

  • Illiquidity during the hold period
  • Dependence on sponsor performance
  • Market fluctuations
  • IRS compliance requirements

I ensure clients understand both the advantages and the trade-offs before moving forward.

Let’s Start the Conversation

If you’re considering selling an investment property, exploring a 1031 exchange, or simply want to understand whether a Delaware Statutory Trust may fit into your overall strategy, I’m here to help.

My goal is to provide clarity, structure, and confidence—so you can make informed decisions about your real estate investments and your financial future.

Disclosure

Fiduciary Capital Management LLC (“FCM”) is a registered investment adviser. Registration with the U.S. Securities and Exchange Commission (“SEC”) does not imply a certain level of skill or training.  This material is provided for informational and marketing purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or investment advisory services in any jurisdiction where such offer or solicitation would be unlawful.  The information contained herein is general in nature and is not intended as investment, legal, tax, or accounting advice. Any references to investment strategies, asset classes, or investment opportunities are provided for illustrative purposes only and may not be suitable for all investors. Investment decisions should be made based on an individual’s specific financial situation, objectives, and risk tolerance.

Certain services described may involve investments in private funds, alternative investments, or other illiquid assets that are speculative in nature and involve a high degree of risk, including the possible loss of principal. Such investments may be available only to accredited or qualified investors and are subject to additional regulatory and offering requirements.  Past performance is not indicative of future results. Any performance-related information, if provided, is for illustrative purposes only and has not been verified independently unless expressly stated.

FCM does not guarantee the accuracy or completeness of information provided by third parties, including fund sponsors or other external sources. Any forward-looking statements are based on current assumptions and are subject to change without notice.  Securities may be offered through MSC-BD, LLC, Member FINRA and SIPC. MSC-BD, LLC is a broker-dealer and is not affiliated with Fiduciary Capital Management LLC unless otherwise expressly disclosed. Additional disclosures regarding brokerage services will be provided as applicable.  For additional information about FCM, including its services, fees, and conflicts of interest, please refer to FCM’s Form ADV Part 2A, which is available upon request or via the SEC’s Investment Adviser Public Disclosure website.