Caplan Financial Group, LLC (Clarksville)

Name: Caplan Financial Group, LLC
Address: 11810 Chapel Estates Drive, Clarksville, MD, 21029
Telephone: 410-735-1905

Caplan Financial Group, LLC is a large advisory firm based in Clarksville. It manages $178.09 million of regulatory assets for 1,012 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of District of Columbia, Louisiana, Maryland, and 5 other states.

Caplan Financial Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Caplan Financial Group: assets under management

The assets under management (AUM) of Caplan Financial Group, LLC is $178.09 million. The firm's AUM has grown by 424% since the beginning of its operation, and $1.11 million of the total AUM is attributable to clients outside of the United States.

The firm manages $176.38 million in discretionary accounts and $1.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $175.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $341.95 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 84% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caplan Financial Group, 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 Caplan Financial Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Caplan Financial Group is high net worth individuals with 114 clients and $155.62 million of assets under management. Among the 4 most similar advisory firms, Caplan Financial Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $176.76 million for 168 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Caplan Financial Group doesn't advise any private funds.

Careers at Caplan Financial Group, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mitchell Marc Caplan	Managing member, president, and chief compliance officer	1 Jan 2002	75% - 100%	2334833

Based in Clarksville

The principal office where Caplan Financial Group, LLC performs its advisory services is located at 11810 Chapel Estates Drive, Clarksville, MD 21029 The mailing address of the firm is 841 E. Fort Ave., Baltimore, MD 21230. An additional office of the firm is in Bel Air, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-735-1905 or by fax 443-817-0620. The normal business hours are 7:30am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at caplanfinancialgroup.com.