Matter, LLC (Clayton)

Name: Matter, LLC
Address: 7711 Bonhomme Avenue, Clayton, MO, 63105
Telephone: 314-862-5190

Matter, LLC is a large advisory firm based in Clayton. It manages $2.43 billion of regulatory assets for 236 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Colorado, Connecticut, and 5 other states.

Matter provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, educational seminars and workshops, and create & administer llc's to pool client funds to invest in separately managed investment vehicles.. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Matter: assets under management

The assets under management (AUM) of Matter, LLC is $2.43 billion. $94 million of the total AUM is attributable to clients outside of the United States.

The firm manages $89.77 million in discretionary accounts and $2.34 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.95 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.12 million.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Matter, 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 Matter serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Matter is high net worth individuals with 190 clients and $2.32 billion of assets under management. Among the 10 most similar advisory firms, Matter has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.43 billion for 236 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.

Matter also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Matter, LLC

The company employs 36 people that are either part- or full-time employees. 61 percent of the employees work as investment advisers or researchers. 10 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
Katherine Banning Lintz	Managing member	1 May 2015	Other	4358913
David S. Dankmyer	Chief compliance officer	1 May 2015	Other	5155590
Richard P Lintz	Chief operating officer	1 May 2015	Other	5502819
John Eric Lawrence	Managing member	1 May 2015	Other	5863960
Brian Joseph Fernandez	Managing member	1 May 2015	Other	4767507
Whitney M. Kenter	Managing member	1 May 2015	Other	4542272
Christopher John Emert	Chief operations officer	1 May 2015	Other	6469583
Inc. Matter Holding Company	Member	1 May 2015	50% - 75%	47-4156377

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Lintz Family 2017 Irrevocable Trust	Owner	1 May 2017	25% - 50%	11-2420688

Based in Clayton

The principal office where Matter, LLC performs its advisory services is located at 7711 Bonhomme Avenue, Clayton, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-862-5190 or by fax 314-862-6551. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at matterfamilyoffice.com and its LinkedIn profile.