Solon Capital Management LLC (New Canaan)


Solon Capital Management LLC is a large advisory firm based in New Canaan. It manages $37 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Connecticut, New York, and Texas.

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

Solon Capital Management: assets under management

The assets under management (AUM) of Solon Capital Management LLC is $37 million. The firm's AUM has grown by 147% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15 million in discretionary accounts and $22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.33 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Solon Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.

Based in New Canaan

The principal office where Solon Capital Management LLC performs its advisory services is located at 59 Grove St., New Canaan, CT 06840, 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 (203) 966-5240 or by fax (203) 966-5268. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.