Sol Capital Management Co (Rockville)

Name: Sol Capital Management Co
Address: 111 Rockville Pike, Rockville, MD, 20850
Telephone: 301-881-3727

Sol Capital Management Co is a large advisory firm based in Rockville. It manages $1.98 billion of regulatory assets for 900 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, District of Columbia, and 5 other states.

Sol 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.

Sol Capital Management: assets under management

The assets under management (AUM) of Sol Capital Management Co is $1.98 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 518% since the beginning of its operation, and $1.11 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.98 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.2 million each.

Sol Capital Management has custody of $1.19 billion in cash and securities for 208 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 61% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sol Capital Management Co 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 Samuel Sandler 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 Samuel Sandler is corporations or other businesses with 130 clients and $1.3 billion of assets under management. Among the 11 most similar advisory firms, Sol Capital Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $1.98 billion for 355 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 49% of the firm’s clients are foreign persons or businesses.

Sol Capital Management doesn't advise any private funds.

Careers at Sol Capital Management Co

The company employs 25 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. 13 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.

Samuel Sandler has been acting as President since 1 Sep 2000. Cynthia Winn La Rue joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Frances Joyce Odinec	Managing director; secretary	1 Jan 1987	25% - 50%	4381311
Rajmiel N/A Odinec	Chairman; ceo; chief investment officer	1 Nov 1989	25% - 50%	4381294
Guillermo Schultz	Managing director	1 Nov 1989	Other	2324672
Samuel Sandler	President	1 Sep 2000	50% - 75%	2803387
Sandra Gates Horne	Vp, chief compliance officer	1 Dec 2004	Other	4937667
Ernest D Odinec	Managing director	1 Jun 2010	Other	4810541
Cynthia Winn La Rue	Chief operating officer	1 May 2011	Other	1801304
Cynthia Winn La Rue	Chief operating officer	1 Jun 2011	Other	1801304

Based in Rockville

The principal office where Sol Capital Management Co performs its advisory services is located at 111 Rockville Pike, Rockville, MD 20850, which is also the mailing address of the firm. An additional office of the firm is in Bedford, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 301-881-3727 or by fax 301-770-5346. The normal business hours are 9:00 a.m. to 5:30 pm on Monday - Friday. You can find more information about the New York firm at sol-capital.com.