Syntrinsic Investment Counsel, LLC. (Denver)


Syntrinsic Investment Counsel, LLC. is a large advisory firm based in Denver. It manages $884.81 million of regulatory assets for 411 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Colorado, Georgia, Illinois, and Texas.

Syntrinsic Investment Counsel provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Syntrinsic Investment Counsel: assets under management

The assets under management (AUM) of Syntrinsic Investment Counsel, LLC. is $884.81 million. The firm's AUM has grown by 61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $532.69 million in discretionary accounts and $352.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.09 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.26 million.
Syntrinsic Investment Counsel has custody of $98.27 million in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 76% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Syntrinsic Investment Counsel, LLC. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Syntrinsic Investment Counsel serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Syntrinsic Investment Counsel is charitable organizations with 46 clients and $766.81 million of assets under management. Among the 11 most similar advisory firms, Syntrinsic Investment Counsel has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $884.81 million for 110 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.

Syntrinsic Investment Counsel doesn't advise any private funds.

Careers at Syntrinsic Investment Counsel, LLC.

The company employs 10 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Timothy Michael Duffy has served as the Chief Investment Officer since 1 Mar 2014 and Benjamin Howard Valore Caplan is the Chief Executive Officer of Syntrinsic Investment Counsel, LLC. family office. Ryan Michael Stibich joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Benjamin Howard Valore Caplan Chief executive officer 1 Aug 2008 75% - 100% 4187136
Alexander Gordon Chief compliance officer 1 Jun 2011 Other 5005826
Timothy Michael Duffy Chief investment officer 1 Mar 2014 Other 5764061
Syntrinsic Holding Company Llc Member 1 Aug 2018 75% - 100% 83-1813678
Ryan Michael Stibich Chief compliance officer 1 Mar 2019 Other 6548415

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Benjamin Howard Valore Caplan Member 1 Aug 2018 75% - 100% 4187136

Based in Denver

The principal office where Syntrinsic Investment Counsel, LLC. performs its advisory services is located at 3840 York Street, Denver, CO 80205 3536, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-296-7100 or by fax 303-296-7109. The normal business hours are 7:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at syntrinsic.com.