Directed Capital Advisors, LLC is a large advisory firm based in St. Petersburg. It manages $259.55 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013.
Directed Capital Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Directed Capital Advisors, LLC is $259.55 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Directed Capital Advisors, 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.
The only and largest group of clients of Directed Capital Advisors is pooled investment vehicles with 5 clients and $259.55 million of assets under management. Among the 12 most similar advisory firms, Directed Capital Advisors has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $259.55 million for 5 clients. None of the firm’s clients are foreign persons or businesses.
Directed Capital Advisors also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.
The company employs 30 people that are either part- or full-time employees. 50 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.
Joseph Cameron Childs joined the executive team most recently as the Senior Vice President.
The principal office where Directed Capital Advisors, LLC performs its advisory services is located at 150 Second Avenue N., St. Petersburg, FL 33701, 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 727-341-8380 or by fax 727-898-6606. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at directedcapital.com and its LinkedIn profile.