Fien Capital Management, LLC (Rochester)

Fien Capital Management, LLC is a large advisory firm based in Rochester. It manages $102.26 million of regulatory assets for 110 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Fien Capital Management 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.

Fien Capital Management: assets under management

The assets under management (AUM) of Fien Capital Management, LLC is $102.26 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 180% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $102.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $929.64 thousand each.

Fien Capital Management has custody of $48.91 million in cash and securities for 36 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 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 29% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fien Capital Management, 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 Mark Anthony Fien serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Mark Anthony Fien is high net worth individuals with 47 clients and $78.32 million of assets under management. Among the 7 most similar advisory firms, Fien Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $95.6 million for 108 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.

Fien Capital Management doesn't advise any private funds.

Careers at Fien Capital Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Mark Anthony Fien has been acting as President since 1 Jul 2001. Damian Weidmann joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Anthony Fien	President	1 Jul 2001	75% - 100%	4440219
Molly Claire Fien	Member	1 Jul 2001	Other	4441482
Mark Anthony Fien	Chief compliance officer	1 Oct 2004	75% - 100%	4440219
Damian Weidmann	Vice president	1 Mar 2009	Other	5644286

Based in Rochester

The principal office where Fien Capital Management, LLC performs its advisory services is located at 110 Allens Creek Road, Rochester, NY 14618, 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 585-271-8910 or by fax 585-271-6995. The normal business hours are 9am-5pm on Monday - Friday.