Capfinancial Partners, LLC is a large advisory firm based in Raleigh. It manages $289.65 billion of regulatory assets for 19,209 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Capfinancial Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Capfinancial Partners, LLC is $289.65 billion. The firm's AUM has grown by 18969% since the beginning of its operation, and $19 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Capfinancial Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Capfinancial Partners is pension and profit sharing plans with 2,476 clients and $253.07 billion of assets under management. Among the 9 most similar advisory firms, Capfinancial Partners has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $281.26 billion for 8,225 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Capfinancial Partners also advises several private funds. Namely, two hedge funds and one other private fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 515 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 200 employees are registered as investment adviser representatives with the state securities authorities.
There are 10 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Kevin Daniel Barry joined the executive team most recently as the Chief Investment Officer, Consulting Research Group.
The principal office where Capfinancial Partners, LLC performs its advisory services is located at 4208 Six Forks Rd, Raleigh, NC 27609, which is also the mailing address of the firm. An additional office of the firm is in San Ramon, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 919-870-6822 or by fax 919-870-8891. The normal business hours are m-thu 830-530, fri 830-4 on Monday - Friday. You can find more information about the New York firm at captrust401k.com and its LinkedIn profile.