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Mission, Kansas · Since 1989

Some investments compound.
So does trust.

Kornitzer Capital Management is an independent, employee-owned investment adviser in Mission, Kansas. We build customized separate accounts for individuals, families, and institutions on the strength of research we conduct ourselves — and we have been doing it, through every kind of market, since 1989.

Three ways to work with KCM

Find the relationship that fits how you invest.

Our research is shared across the firm. How it reaches you depends on whether you are investing your family's capital, overseeing an institution's mandate, or selecting a mutual fund.

Individuals & Families

Private Wealth

Customized separate accounts and a direct relationship with the people managing your money. Kornitzer Private Client Services works with individuals, families, trusts, and retirement accounts.

Explore private wealth

Plans, Endowments & Foundations

Institutional Clients

Disciplined, research-driven equity and fixed income mandates for corporate plans, public funds, endowments, foundations, and sub-advisory relationships.

Explore institutional services

Mutual Fund Investors

Buffalo Funds

KCM founded the Buffalo Funds in 1994 and serves as investment adviser to the no-load fund family. Fund information, prospectuses, and account access are maintained on the Buffalo Funds website.

Our research infrastructure

We do our own work. That is the whole advantage.

KCM maintains an internal research team rather than outsourcing conviction to Wall Street. Every recommendation in a client portfolio traces back to an analyst here who can defend it — a structure that is unusual for a firm our size, and the reason a client in Kansas can speak directly to the person responsible for a position.

KCM research analysts reviewing company financial statements
  1. 01

    Discovery

    Ideas originate from our analysts' own screening, industry work, company contacts, and long-standing relationships — not from purchased research or third-party recommendations.

  2. 02

    Investigation

    Analysts model the business, test the balance sheet, meet management where possible, and pressure-test the thesis with the wider team before a position is proposed.

  3. 03

    Implementation

    Portfolio managers size positions to the mandate in front of them and hold them with patience, because our conclusions are our own and we know what we own.

Leadership

A firm led by people who answer the phone.

KCM is independent and employee-owned. The people who set the firm's direction are the same people clients meet.

Joe Neuberger, CPA, President and Chief Executive Officer of Kornitzer Capital Management

Joe Neuberger, CPA

President & Chief Executive Officer

Joe leads KCM with the discipline of an accountant and the perspective of someone who has spent his career inside the investment business. A CPA by training, he holds the firm to the standard that every number a client is shown must be a number the firm can stand behind — and that the relationship, not the transaction, is the product.

Read Joe's full biography
John C. Kornitzer, founder and Chairman of Kornitzer Capital Management

John C. Kornitzer

Founder & Chairman

John founded KCM in 1989 on a conviction that has not changed since: do the research yourself, buy businesses rather than tickers, and stay patient long enough for the work to matter. He founded the Buffalo Funds in 1994 and remains the firm's intellectual anchor.

Read John's full biography

The investment team

The analysts and portfolio managers behind every position.

Portfolio managers and research analysts who share one research process and one set of conclusions.

  • Portrait of Dave Carlsen, Portfolio Manager at Kornitzer Capital Management

    Dave Carlsen, CFA

    Portfolio Manager

  • Portrait of Doug Cartwright, Portfolio Manager at Kornitzer Capital Management

    Doug Cartwright, CFA

    Portfolio Manager

  • Portrait of Jeff Deardorff, Portfolio Manager at Kornitzer Capital Management

    Jeff Deardorff, CFA

    Portfolio Manager

  • Portrait of Paul Dlugosch, Portfolio Manager at Kornitzer Capital Management

    Paul Dlugosch, CFA

    Portfolio Manager

  • Portrait of Nicole Kornitzer, Portfolio Manager at Kornitzer Capital Management

    Nicole Kornitzer, CFA

    Portfolio Manager

  • Portrait of Ken Laudan, Portfolio Manager at Kornitzer Capital Management

    Ken Laudan

    Portfolio Manager

  • Portrait of Bob Male, Portfolio Manager at Kornitzer Capital Management

    Bob Male, CFA

    Portfolio Manager

  • Portrait of Tim Miller, Portfolio Manager at Kornitzer Capital Management

    Tim Miller, CFA

    Portfolio Manager

  • Portrait of Craig Richard, Portfolio Manager at Kornitzer Capital Management

    Craig Richard, CFA

    Portfolio Manager

  • Portrait of Darren Schryer, Portfolio Manager at Kornitzer Capital Management

    Darren Schryer, CFA, CPA, CFP®

    Portfolio Manager

Meet the full KCM team

Begin a private conversation.

Tell us what you are trying to accomplish. We will tell you honestly whether KCM is the right fit — and if we are, you will speak with the people who will do the work.

Contact KCM