Capital Prospects LLC (Stamford)

Name: Capital Prospects LLC
Address: One Dock Street, Stamford, CT, 06902
Telephone: 203-388-4220

Capital Prospects LLC is a large advisory firm based in Stamford. It manages $1.39 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Connecticut and Texas.

Capital Prospects provides portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Prospects: assets under management

The assets under management (AUM) of Capital Prospects LLC is $1.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 773% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.39 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $278.29 million each.

Investments

The firm invests in exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is government bonds, which make up 19% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

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

The only and largest group of clients of Capital Prospects is state or municipal government entities with 5 clients and $1.39 billion of assets under management. Among the 9 most similar advisory firms, Capital Prospects has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.39 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Capital Prospects doesn't advise any private funds.

Careers at Capital Prospects LLC

The company employs 5 people that are either part- or full-time employees. 60 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marilyn Ruth Freeman	Manager, principal and chief compliance officer	1 Sep 2001	50% - 75%	4607392
Elizabeth Ann Knope	Manager and principal	1 Oct 2002	50% - 75%	4607394

Based in Stamford

The principal office where Capital Prospects LLC performs its advisory services is located at One Dock Street, Stamford, CT 06902, 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 203-388-4220 or by fax 203-388-4221. The normal business hours are 9 a.m. to 5 p.m. est on Monday - Friday. You can find more information about the New York firm at capital-prospects.com.