Private Capital Strategies, LLC (New York)

Private Capital Strategies, LLC is a related adviser based in New York. It manages $4.42 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Private Capital Strategies 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.

Private Capital Strategies: assets under management

The assets under management (AUM) of Private Capital Strategies, LLC is $4.42 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.42 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.42 million each.

Private Capital Strategies has custody of $4.42 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Private Capital Strategies, 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 Private Capital Strategies serves?

The only and largest group of clients of Private Capital Strategies is pooled investment vehicles with 1 clients and $4.42 million of assets under management. Among the 4 most similar advisory firms, Private Capital Strategies has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.42 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Private Capital Strategies also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Private Capital Strategies, LLC

The company employs 3 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Stephen Anderson	Managing member	1 Jan 2003	50% - 75%	5516
Inc. Private Capital Advisors	Managing member	1 Jan 2003	50% - 75%	125771
Robert Louis Andrews	Chief compliance officer	1 Jan 2003	Other	1251180
Matthew Chase Andrews	Managing member	1 Jun 2016	Other	5232358
Ann Margaret Torregrossa	Chief compliance officer	1 Aug 2018	Other	7010436

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Suzanne Champion Andrews	Shareholder	1 Jan 1997	25% - 50%	4642127
Ashley Chase Andrews	Shareholder	1 Jan 1997	25% - 50%	4642130
Inc. Private Management And Consulting Group	Holding company	1 Mar 2003	75% - 100%	13-3930928

Based in New York

The principal office where Private Capital Strategies, LLC performs its advisory services is located at 150 East 52 Nd Street, New York, NY 10022, 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 (347) 960-4520 or by fax (347) 960-4523. The normal business hours are 9:00am to 5:00pm on Monday - Friday.