Shearwater Capital, LLC (St. Louis)

Name: Shearwater Capital, LLC
Address: 12 Apple Tree Ln, St. Louis, MO, 63124
Telephone: 314-434-4750

Shearwater Capital, LLC is a large advisory firm based in St. Louis. It manages $217.39 million of regulatory assets for 602 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Shearwater Capital provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, 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.

Shearwater Capital: assets under management

The assets under management (AUM) of Shearwater Capital, LLC is $217.39 million. The firm's AUM has grown by 678% since the beginning of its operation, and $933.25 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $216.19 million in discretionary accounts and $1.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $366.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $99.86 thousand.

Shearwater Capital has custody of $100.67 million in cash and securities for 60 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Shearwater Capital, LLC for their services and products based on a percentage of assets under management. 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 Shearwater Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Shearwater Capital is high net worth individuals with 106 clients and $193.36 million of assets under management. Among the 11 most similar advisory firms, Shearwater Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $208.56 million for 182 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.

Shearwater Capital doesn't advise any private funds.

Careers at Shearwater Capital, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There are 6 people 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
Jeffrey Jerram Brown	Principal	1 Jun 1999	50% - 75%	4450573
Eric Stuart Malden	Principal	1 Jun 1999	50% - 75%	4451224
Michael Wei Huang	Business development manager/chief compliance officer	1 Dec 2004	Other	4859218
Jared Andrew Meese	Chief compliance officer	1 Jun 2007	Other	4243017

Based in St. Louis

The principal office where Shearwater Capital, LLC performs its advisory services is located at 12 Apple Tree Ln, St. Louis, MO 63124 The mailing address of the firm is 7750 Maryland Ave, #11517, St. Louis, MO 63105. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-434-4750 or by fax 314-256-9367. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at shearwatercapital.com.