Core Capital Management And Research Inc. (Houston)

Name: Core Capital Management And Research Inc.
Address: 4801 Woodway, Houston, TX, 77056
Telephone: 713-864-4300

Core Capital Management And Research Inc. is a large advisory firm based in Houston. It manages $198.51 million of regulatory assets for 89 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, and Texas.

Core Capital Management And Research provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Core Capital Management And Research: assets under management

The assets under management (AUM) of Core Capital Management And Research Inc. is $198.51 million. The firm's AUM has gone down by -46% since the beginning of its operation, and $56.82 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $33.89 million in discretionary accounts and $164.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $389.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $82.31 million.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is government bonds, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Core Capital Management And Research Inc. 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 Louis John Pelz serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Louis John Pelz is charitable organizations with 3 clients and $164.83 million of assets under management. Among the 11 most similar advisory firms, Core Capital Management And Research has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $198.51 million for 89 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.

Core Capital Management And Research doesn't advise any private funds.

Careers at Core Capital Management And Research Inc.

The company employs 2 people that are either part- or full-time employees. 100 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
Louis John Pelz	President/chief compliance officer	1 Jan 2008	75% - 100%	1909087

Based in Houston

The principal office where Core Capital Management And Research Inc. performs its advisory services is located at 4801 Woodway, Houston, TX 77056, 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 713-864-4300. The normal business hours are 9:00 am - 3:00 pm on Monday - Friday. You can find more information about the New York firm at ccmrusa.com.