Solstein Capital, LLC (San Francisco)

Name: Solstein Capital, LLC
Address: 100 Pine Street, San Francisco, CA, 94111
Telephone: 415-231-3000

Solstein Capital, LLC is a large advisory firm based in San Francisco. It manages $203.63 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

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

Solstein Capital: assets under management

The assets under management (AUM) of Solstein Capital, LLC is $203.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 71% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $203.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40.73 million each.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in pooled investment vehicles form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Solstein Capital, LLC 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 Solstein Capital serves?

The only and largest group of clients of Solstein Capital is pooled investment vehicles with 1 clients and $25.77 million of assets under management. Among the 11 most similar advisory firms, Solstein Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.77 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Solstein Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Solstein Capital, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nadine F Terman	Ceo, cio, managing member	1 Jan 2011	50% - 75%	5275025
J.C. Torres	Managing member	1 Jan 2011	50% - 75%	5925876
Sandra J Southworth	Director of operations & cco	1 Aug 2017	Other	xxx-xx-xxxx

Based in San Francisco

The principal office where Solstein Capital, LLC performs its advisory services is located at 100 Pine Street, San Francisco, CA 94111, 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 415-231-3000 or by fax 415-231-3001. The normal business hours are 7 a.m. - 4 p.m. on Monday - Friday. You can find more information about the New York firm at solsteincapital.com.