Conover Capital Management, LLC is a large advisory firm based in Bellevue. It manages $223.89 million of regulatory assets for 312 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, Oregon, and Washington.
Conover Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, educational seminars and workshops, and retirement plan consulting, non qualified deferred compensation. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Conover Capital Management, LLC is $223.89 million. The firm's AUM has gone down by -16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Conover Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Conover Capital Management is pension and profit sharing plans with 22 clients and $118.81 million of assets under management. Among the 10 most similar advisory firms, Conover Capital Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $223.89 million for 312 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.
Conover Capital Management doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 5 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.
The principal office where Conover Capital Management, LLC performs its advisory services is located at 155 108 Th Ave Ne, Bellevue, WA 98004 The mailing address of the firm is Po Box 90007, Bellevue, WA 98009. An additional office of the firm is in Vancouver,, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 425-897-7100 or by fax 425-455-9322. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at conovercapital.com/.