An independent verdict on one high-stakes call.

A decision memo on a single market, manager, sector, security or private deal: a clear thesis, the real risks, the assumptions that matter and a firm recommendation.

Pickel Fintech writes independent investment decision memos, one high-stakes call at a time. The output is a written memo that cuts through the noise: a clear thesis, the real risks, the assumptions that drive the outcome and the data behind them, ending in a firm recommendation and the next move. The work is done by Tom Pickel, CAIA.

Who this is for

  • Investors and committees facing one consequential decision
  • Founders weighing a financing, M&A or capital call
  • Operators evaluating a single capital deployment

What you get

  • A clear thesis stated up front
  • An honest inventory of the real risks
  • The assumptions that matter and their sensitivities
  • A firm recommendation and the next move

How it works

  • Describe the decision and the deadline
  • We scope the question and the inputs
  • You receive the written memo and a clear call

Common questions

What kinds of decisions does a memo cover?

A market call, a manager selection, a sector or security view, or a private deal. One consequential decision at a time.

How long is the memo?

Long enough to be defensible and short enough to act on. It is a focused written document, not a data dump.

Do you give a clear recommendation?

Yes. Every memo ends in a firm recommendation and a next move, not a neutral list of considerations.

Is the memo independent?

Yes. There are no commissions and no agenda. The memo serves your decision, not a product being sold.

Related work: a deeper alternative investment analysis for a private-market call, a full portfolio consultancy review, or institutional context from SEC 13F intelligence (The 13F). See the full advisory practice.

Facing one call you cannot afford to get wrong?

Send a short note describing the decision. You will get a clear next step and an independent memo.

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