Skba Capital Management, LLC (San Francisco)


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.