Strength Capital Partners, LLC is a large advisory firm based in Birmingham. It manages $303.3 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Michigan and Ohio.
Strength Capital Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Strength Capital Partners, LLC is $303.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 987% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Strength Capital Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Strength Capital Partners is corporations or other businesses with 7 clients and $174.55 million of assets under management. Among the 12 most similar advisory firms, Strength Capital Partners has the 2nd highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $303.3 million for 10 clients. None of the firm’s clients are foreign persons or businesses.
Strength Capital Partners also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 5 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.
The principal office where Strength Capital Partners, LLC performs its advisory services is located at 350 N. Old Woodward, Birmingham, MI 48009, which is also the mailing address of the firm. An additional office of the firm is in Cincinnati, OH. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 248-593-6872 or by fax 248-593-6875. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at strengthcapital.com.