Capital One Asset Management, LLC (Houston)

Name: Capital One Asset Management, LLC
Address: 5444 Westheimer Road, Houston, TX, 77056 9903
Telephone: 713-212-5242

Capital One Asset Management, LLC is a large advisory firm based in Houston. It manages $2.52 billion of regulatory assets for 526 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Louisiana and Texas.

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

Capital One Asset Management: assets under management

The assets under management (AUM) of Capital One Asset Management, LLC is $2.52 billion. The firm's AUM has gone down by -36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.29 billion in discretionary accounts and $231.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.38 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.32 million.

Investments

The firm invests in exchange traded securities the most. They account for 32% of the total AUM. The second-largest asset type is government bonds, which make up 32% of the firm’s portfolio. Investments in state and local bonds form 26% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capital One Asset Management, 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 Matthew J Murphy 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 Matthew J Murphy is corporations or other businesses with 88 clients and $1.24 billion of assets under management. Among the 9 most similar advisory firms, Capital One Asset Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $2.52 billion for 526 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.

Capital One Asset Management doesn't advise any private funds.

Careers at Capital One Asset Management, LLC

The company employs 11 people that are either part- or full-time employees. 73 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Matthew J Murphy has been acting as President since 1 Jun 2008. Robert Paul Teten has served as the Chief Investment Officer since 1 Jun 2014. Gilbert N. Braunig joined the executive team most recently as the Appointed Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Paul Lee	Director pcg risk management	1 Oct 2002	Other	1174842
Johnell Brown Smith	Chief compliance officer	1 Feb 2005	Other	4925519
Paul Joseph Bonitatibus	President, consumer and business banking	1 Feb 2005	Other	4680216
Richard Chauvin	President & chief investment officer	1 Feb 2005	Other	2767947
National Association Capital One	Owner	1 Apr 2006	75% - 100%	72-0210640
Kenneth Goldberg	Senior director & manager	1 May 2006	Other	4053655
Kenneth L. Goldberg	Executive vice president manager, private client group	1 May 2006	Other	4053655
Donald Joseph Barnes	Elected member	1 Jul 2007	Other	5319567
Andrew Dennis Labenne	Elected member	1 Oct 2007	Other	5460014
Richard Chauvin	Senior director of research	1 Nov 2007	Other	2767947
Byron Grimes	Chief investment officer	1 Nov 2007	Other	4783618
Matthew J Murphy	Director	1 Jun 2008	Other	2309026
Richard Chauvin	Chief investment officer	1 Apr 2009	Other	2767947
Kathy M. Jordan	Elected member	1 Apr 2010	Other	5821039
Robert Morgan Stuart	Regional president, chief commercial banking executive	1 Nov 2010	Other	4935812
John A. Sabino	President, capital one asset management	1 Nov 2011	Other	4378859
James W. Covington	Senior vice president, private banking	1 Nov 2011	Other	6005802
Charles R Devaney	Vice president of investments	1 Apr 2012	Other	4841502
Andrew F. Corrado	Elected board member	1 Nov 2012	Other	6175899
Richard E Solz	Elected board member	1 Nov 2012	Other	6176866
Daniel Hugo	Elected board member	1 Feb 2014	Other	6312253
Robert Scott Fanelli	Elected board member	1 Apr 2014	Other	5044609
Robert Paul Teten	Chief investment officer	1 Jun 2014	Other	2632214
Marianthe Melancon	Chief compliance officer	1 Jun 2016	Other	6669034
Mark Ivan Douce	Chief compliance officer	1 Jan 2017	Other	2959137
George Bernard Gammond	Appointed board member	1 Feb 2017	Other	6770495
Gilbert N. Braunig	Appointed board member	1 Jun 2017	Other	6687011
Martin Christopher Sirera	Appointed board member	1 Jun 2017	Other	2006486

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Capital One Financial Corporation	Owner	1 Nov 2005	75% - 100%	54-1719854

Based in Houston

The principal office where Capital One Asset Management, LLC performs its advisory services is located at 5444 Westheimer Road, Houston, TX 77056 9903, which is also the mailing address of the firm. An additional office of the firm is in New Orleans, LA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-212-5242 or by fax 713-212-5832. The normal business hours are 8:00a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at capitalone.com.