Principium Investments LLC (Boulder)

Name: Principium Investments LLC
Address: 1035 Pearl St., Boulder, CO, 80302
Telephone: (303) 351-5353

Principium Investments LLC is a large advisory firm based in Boulder. It manages $104.41 million of regulatory assets for 438 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Principium Investments provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Principium Investments: assets under management

The assets under management (AUM) of Principium Investments LLC is $104.41 million. The firm's AUM has gone down by -52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.21 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 $237.81 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $300.6 thousand.

Investments

The firm invests in other assets the most. They account for 65% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 33% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Principium Investments LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Principium Investments 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 Principium Investments is high net worth individuals with 29 clients and $59.9 million of assets under management. Among the 10 most similar advisory firms, Principium Investments has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $104.41 million for 211 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.

Principium Investments doesn't advise any private funds.

Careers at Principium Investments LLC

The company employs 3 people that are either part- or full-time employees. 33 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 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
Michael Patrick Tracy	Principal & chief compliance officer	1 Apr 2008	75% - 100%	1805024

Based in Boulder

The principal office where Principium Investments LLC performs its advisory services is located at 1035 Pearl St., Boulder, CO 80302, 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) 351-5353 or by fax (720) 302-1434. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at principium.co.