Capital Growth & Shelter, Inc. (Scotia)

Name: Capital Growth & Shelter, Inc.
Address: 2 Witbeck Drive, Scotia, NY, 12302
Telephone: 518-399-3372

Capital Growth & Shelter, Inc. is a mid-sized advisory firm based in Scotia. It manages $35.49 million of regulatory assets for 223 client accounts. It has been registered with the SEC as an adviser since 2014.

Capital Growth & Shelter provides portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Growth & Shelter: assets under management

The assets under management (AUM) of Capital Growth & Shelter, Inc. is $35.49 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capital Growth & Shelter, Inc. 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.

What kind of clients Capital Growth & Shelter serves?

The only and largest group of clients of Capital Growth & Shelter is individuals with 223 clients and $35.49 million of assets under management. Among the 0 most similar advisory firms, Capital Growth & Shelter has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $35.49 million for 223 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.

Capital Growth & Shelter doesn't advise any private funds.

Careers at Capital Growth & Shelter, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Kenneth Larry Hooker	Owner, cco	1 Aug 1988	75% - 100%	1247329

Based in Scotia

The principal office where Capital Growth & Shelter, Inc. performs its advisory services is located at 2 Witbeck Drive, Scotia, NY 12302, 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 518-399-3372 or by fax 518-384-0390. The normal business hours are 9:00 a.m. - 2:00 p.m. on Monday - Friday. You can find more information about the New York firm at capitalgrowthonline.com.