Capco Asset Management, LLC (Tampa)

Name: Capco Asset Management, LLC
Address: 101 E Kennedy Blvd # 1425, Tampa, FL, 33602
Telephone: 813-805-0777

Capco Asset Management, LLC is a large advisory firm based in Tampa. It manages $219 million of regulatory assets for 81 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Florida.

Capco Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Capco Asset Management: assets under management

The assets under management (AUM) of Capco Asset Management, LLC is $219 million. The firm's AUM has grown by 53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $197 million in discretionary accounts and $22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.7 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.75 million.

Capco Asset Management has custody of $112 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 33% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capco Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Capco Asset Management serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Capco Asset Management is pooled investment vehicles with 1 clients and $112 million of assets under management. Among the 10 most similar advisory firms, Capco Asset Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $219 million for 60 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.

Capco Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Capco Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 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
William Hughes Harrell	Managing member and cco	1 Jun 2004	25% - 50%	5216182
Christopher James Harrell	Managing member	1 Jun 2004	25% - 50%	2613467
Witoco Holdings Llc	Member	1 Jun 2004	Other	59-2354934
Paul Alan Lind	Member	1 Jul 2016	Other	2097704

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Thomas Touchton	Shareholder	1 Oct 1983	25% - 50%	1963637
Lavinia H Touchton	Shareholder	1 Oct 1983	25% - 50%	5219364

Based in Tampa

The principal office where Capco Asset Management, LLC performs its advisory services is located at 101 E Kennedy Blvd # 1425, Tampa, FL 33602, 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 813-805-0777. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at capcovalue.com.