Matter, LLC is a large advisory firm based in Clayton. It manages $2.43 billion of regulatory assets for 236 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Colorado, Connecticut, and 5 other states.
Matter provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, educational seminars and workshops, and create & administer llc's to pool client funds to invest in separately managed investment vehicles.. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Matter, LLC is $2.43 billion. $94 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Matter, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Matter is high net worth individuals with 190 clients and $2.32 billion of assets under management. Among the 10 most similar advisory firms, Matter has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.43 billion for 236 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.
Matter also advises several private funds. Namely, five other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.
The company employs 36 people that are either part- or full-time employees. 61 percent of the employees work as investment advisers or researchers. 10 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 Matter, LLC performs its advisory services is located at 7711 Bonhomme Avenue, Clayton, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 314-862-5190 or by fax 314-862-6551. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at matterfamilyoffice.com and its LinkedIn profile.