Skba Capital Management, LLC (San Francisco)

Name: Skba Capital Management, LLC
Address: 44 Montgomery Street, Suite 3500, San Francisco, CA, 94104 4808
Telephone: 415-989-7852

Skba Capital Management, LLC is a large advisory firm based in San Francisco. It manages $685.59 million of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, California, Illinois, Texas, and Virginia.

Skba Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and model research provider. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Skba Capital Management: assets under management

The assets under management (AUM) of Skba Capital Management, LLC is $685.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 75% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $685.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.9 million each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is government bonds, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Skba Capital Management, 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 Richard Howard Adler serves?

The firm provides services to individuals, investment companies, high net worth individuals, and state or municipal government entities. The largest group of clients of Richard Howard Adler is state or municipal government entities with 13 clients and $500.33 million of assets under management. Among the 8 most similar advisory firms, Skba Capital Management has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $535.11 million for 38 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.

Skba Capital Management doesn't advise any private funds.

Careers at Skba Capital Management, LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 6 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.

Richard Howard Adler has been acting as President since 1 Jun 1999. Rbc Usa Holdco Corporation joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Howard Adler	Director	1 Jun 1999	Other	2102059
Jon Cowell Hunt	Director	1 Jun 1999	Other	2452038
Andrew Walter Bischel	President	1 Jul 1999	Other	2561262
Kenneth Jay Kaplan	Member	1 Jul 1999	Other	2493659
Inc. Ccm Holdings	Member	1 Jul 1999	50% - 75%	36-4356466
Shelley Horrocks Mann	Member, director of trading	1 Jul 1999	Other	4875067
Joshua Jacques Rothe	Member, sr. analyst, port. mgr.	1 Jul 1999	Other	2381366
Llc Ccm Holdings Iii	Interestholder	1 Apr 2003	Other	43-200889
Matthew Dean Zuck	Member, sr. analyst, port. mgr.	1 Aug 2003	Other	4541774
Andrew Walter Bischel	Member, ceo, cio	1 Jan 2008	Other	2561262
Kenneth Jay Kaplan	Member, chairman	1 Jan 2008	Other	2493659
Shelley Horrocks Mann	Member, svp, dir. trading, chief compliance officer	1 Jan 2008	Other	4875067
Joshua Jacques Rothe	Member, president, dir. research	1 Jan 2008	Other	2381366
Matthew Dean Zuck	Member, svp, dir. corporate development	1 Jan 2008	Other	4541774
Matthew Dean Zuck	Member, svp, senior portfolio manager	1 Jan 2011	Other	4541774

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Howard Adler	Shareholder	1 Nov 1993	25% - 50%	2102059
Harry Tom Griffith	Shareholder	1 Nov 1993	25% - 50%	230065
James Edward Hayes	Shareholder	1 Nov 1993	25% - 50%	240511
Inc. Convergent Capital Management	Shareholder	1 Sep 1998	75% - 100%	36-3978495
Convergent Capital Management Llc	Interestholder	1 Apr 2003	75% - 100%	34-1975129
City National Corporation	Member	1 Apr 2003	75% - 100%	95-2568550
Rbc Usa Holdco Corporation	Shareholder	1 Nov 2015	75% - 100%	13-5357855
Royal Bank Of Canada	Shareholder	1 Nov 2015	75% - 100%	13-5357855

Based in San Francisco

The principal office where Skba Capital Management, LLC performs its advisory services is located at 44 Montgomery Street, Suite 3500, San Francisco, CA 94104 4808, 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 415-989-7852 or by fax 415-989-2114. The normal business hours are 7:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at skba.com.