Syntal Capital Partners, LLC (Midland)


Syntal Capital Partners, LLC is a large advisory firm based in Midland. It manages $592.65 million of regulatory assets for 793 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Louisiana, and Texas.

Syntal Capital Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Syntal Capital Partners: assets under management

The assets under management (AUM) of Syntal Capital Partners, LLC is $592.65 million. The firm's AUM has grown by 214% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $506.77 million in discretionary accounts and $85.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $701.89 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.21 million.
Syntal Capital Partners has custody of $71.21 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment and business development companies form 22% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Syntal Capital Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. 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 Syntal Capital Partners serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Syntal Capital Partners is high net worth individuals with 85 clients and $581.34 million of assets under management. Among the 11 most similar advisory firms, Syntal Capital Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $592.65 million for 130 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.

Syntal Capital Partners also advises several private funds. Namely, one hedge fund and one private equity fund. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at Syntal Capital Partners, LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Chad Lafate Clary Co-managing director 1 May 2012 50% - 75% 3076750
Dane E Crunk Co-managing director 1 May 2012 50% - 75% 4230207
Robert James Carlyon Chief compliance officer/chief operating officer 1 Oct 2013 Other 2108738
Lp Syntal Global Holdings Member/manager 1 Jan 2015 75% - 100% 37-1763880
John Benjamin Gordon Managing director 1 Aug 2017 Other 2515520

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Syntal Capital Holdings General partner of syntal global holdings, lp 1 Aug 2014 Other 47-1683846
Chad Lafate Clary Limited partner of syntal global holdings, lp 1 Aug 2014 50% - 75% 3076750
Dane E Crunk Limited partner of syntal global holdings, lp 1 Aug 2014 50% - 75% 4230207

Based in Midland

The principal office where Syntal Capital Partners, LLC performs its advisory services is located at 1901 Heritage Blvd, Midland, TX 79707, which is also the mailing address of the firm. An additional office of the firm is in Colorado Springs, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 432-262-8111 or by fax 432-262-8120. The normal business hours are 8:00am-4:00pm on Monday - Friday. You can find more information about the New York firm at syntal.com.