Caldwell Securities, Inc. (Sausalito)


Caldwell Securities, Inc. is a large advisory firm based in Sausalito. It manages $174.28 million of regulatory assets for 462 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, California, Colorado, and 8 other states.

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

Caldwell Securities: assets under management

The assets under management (AUM) of Caldwell Securities, Inc. is $174.28 million. The firm's AUM has grown by 71% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $95.49 million in discretionary accounts and $78.79 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $365.87 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $391.99 thousand.
Caldwell Securities has custody of $11.04 million in cash and securities for 27 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is investment and business development companies, which make up 13% of the firm’s portfolio. Investments in non-exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caldwell Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joseph Francis Helmer serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Joseph Francis Helmer is high net worth individuals with 50 clients and $114.5 million of assets under management. Among the 7 most similar advisory firms, Caldwell Securities has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $173.43 million for 228 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.

Caldwell Securities doesn't advise any private funds.

Careers at Caldwell Securities, Inc.

The company employs 21 people that are either part- or full-time employees. 29 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.

Joseph Francis Helmer has been acting as President since 1 Aug 2008. Joseph Michael Ducote joined the executive team most recently as the Senior Managing Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Caldwell Helmer Chief financial officer 1 Jun 1982 Other 242398
2005 John And Jinx Helmer Revocable Trust Dated January 4 Shareholder 1 Jan 2005 75% - 100% 53-4364503
Christopher William Anderson Chief compliance officer 1 Aug 2006 Other 5085595
John Caldwell Helmer Chairman 1 Apr 2008 Other 242398
Joseph Francis Helmer President 1 Aug 2008 Other 1860949
Christopher William Anderson Financial and operations principal 1 Jun 2012 Other 5085595
John Caldwell Helmer Founder, trustee 1 Jul 2017 Other 242398
Mari Allen Managing director 1 Jul 2017 Other 1705748
Susan Diane Metcalf Managing director 1 Jul 2017 Other 1547365
Mary Dolores Helmer Founder, trustee 1 Jul 2017 25% - 50% 1176617
Joseph Michael Ducote Senior managing director 1 Oct 2017 Other 72548

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
John Caldwell Helmer Trustee 1 Jan 2005 25% - 50% 242398
Mary Dolores Helmer Trustee 1 Jan 2005 25% - 50% 1176617

Based in Sausalito

The principal office where Caldwell Securities, Inc. performs its advisory services is located at 30 Liberty Ship Way #3225, Sausalito, CA 94965 The mailing address of the firm is Po Box 190, Sausalito, CA 94966 0190. An additional office of the firm is in San Ramon, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-962-2526 or by fax 415-332-1838. The normal business hours are 6:30 am to 1:00 pm on Monday - Friday. You can find more information about the New York firm at cald.com/.