Elizabeth Park Capital Advisors, Ltd (Pepper Pike)


Elizabeth Park Capital Advisors, Ltd is a large advisory firm based in Pepper Pike. It manages $403.11 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Ohio.

Logo

Elizabeth Park Capital Advisors provides portfolio management for individuals and small businesses and 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.

Elizabeth Park Capital Advisors: assets under management

The assets under management (AUM) of Elizabeth Park Capital Advisors, Ltd is $403.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 143% since the beginning of its operation, and $158.8 million of the total AUM is attributable to clients outside of the United States.


The firm manages $403.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $50.39 million each.
Elizabeth Park Capital Advisors has custody of $157.51 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Elizabeth Park Capital Advisors, Ltd for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fred Anthony Cummings serves?

The only and largest group of clients of Fred Anthony Cummings is pooled investment vehicles with 6 clients and $401.52 million of assets under management. Among the 11 most similar advisory firms, Elizabeth Park Capital Advisors has the highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $401.52 million for 6 clients. 25% of the firm’s clients are foreign persons or businesses.

Elizabeth Park Capital Advisors also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $500,000.

Careers at Elizabeth Park Capital Advisors, Ltd

The company employs 7 people that are either part- or full-time employees. 100 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.

Fred Anthony Cummings has been acting as President since 1 Feb 2008. Ernest C Pelaia joined the executive team most recently as the Chief Operating Officer/Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Fred Anthony Cummings President 1 Feb 2008 75% - 100% 1967926
Neil Steven Barsky Member 1 Sep 2008 Other 2357951
Zuheir Sofia Member 1 Apr 2009 Other 1464001
Ernest C Pelaia Chief operating officer/chief compliance officer 1 Mar 2013 Other 5866546
Ernest Charles Pelaia Chief operating officer/chief compliance officer 1 Mar 2013 Other 5866546

Based in Pepper Pike

The principal office where Elizabeth Park Capital Advisors, Ltd performs its advisory services is located at 29525 Chagrin Blvd., Pepper Pike, OH 44122, 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 (216) 292-5711 or by fax (216) 206-4448. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at elizabethparkcm.com.