Rj Capital LLC (Houston)

Name: Rj Capital LLC
Address: 5701 Woodway Dr., Houston, TX, 77057
Telephone: 713-523-1884

Rj Capital LLC is a large advisory firm based in Houston. It manages $219.14 million of regulatory assets for 827 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Louisiana and Texas.

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

Rj Capital: assets under management

The assets under management (AUM) of Rj Capital LLC is $219.14 million. The firm's AUM has grown by 4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $205.2 million in discretionary accounts and $13.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $251.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.16 million.

Rj Capital has custody of $49.62 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 48% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Rj 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 Rj Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Rj Capital is high net worth individuals with 55 clients and $144.02 million of assets under management. Among the 9 most similar advisory firms, Rj Capital has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $219.14 million for 328 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.

Rj Capital doesn't advise any private funds.

Careers at Rj Capital LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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
Gregory Joseph Litts	Principal & chief compliance officer	1 Dec 2001	75% - 100%	2349612

Based in Houston

The principal office where Rj Capital LLC performs its advisory services is located at 5701 Woodway Dr., Houston, TX 77057, 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 713-523-1884 or by fax 281-966-1653. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at rjcap.com and its LinkedIn profile.