Ladd Capital Management LLC (New Haven)

Name: Ladd Capital Management LLC
Address: 110 Whitney Ave, New Haven, CT, 06510
Telephone: 203-562-6624

Ladd Capital Management LLC is a large advisory firm based in New Haven. It manages $106.52 million of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut and Florida.

Ladd Capital Management provides 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.

Ladd Capital Management: assets under management

The assets under management (AUM) of Ladd Capital Management LLC is $106.52 million. The firm's AUM has grown by 62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $59.73 million in discretionary accounts and $46.79 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $628.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $850.64 thousand.

Ladd Capital Management has custody of $19.4 million in cash and securities for 33 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is government bonds, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Ladd Capital Management is high net worth individuals with 30 clients and $84.32 million of assets under management. Among the 8 most similar advisory firms, Ladd Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $106.52 million for 73 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.

Ladd Capital Management doesn't advise any private funds.

Careers at Ladd Capital Management LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
David Michael Ladd	Managing member/chief compliance officer	1 Dec 1998	75% - 100%	2504790
Edward Winchester Lovejoy	Partner	1 Dec 1998	Other	4340057

Based in New Haven

The principal office where Ladd Capital Management LLC performs its advisory services is located at 110 Whitney Ave, New Haven, CT 06510, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-562-6624 or by fax 203-562-6652. The normal business hours are 8:30 am t0 4:30pm on Monday - Friday. You can find more information about the New York firm at laddcap.com.