Beck Capital Management LLC (Austin)

Name: Beck Capital Management LLC
Address: 2009 S. Capital Of Texas Hwy., Austin, TX, 78746
Telephone: 512-345-6789

Beck Capital Management LLC is a large advisory firm based in Austin. It manages $256.36 million of regulatory assets for 856 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Louisiana, and Texas.

Beck Capital Management provides portfolio management for individuals and small businesses and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Beck Capital Management: assets under management

The assets under management (AUM) of Beck Capital Management LLC is $256.36 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 246% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $256.36 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $299.49 thousand each.

Beck Capital Management has custody of $43.21 million in cash and securities for 31 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 37% of the firm’s portfolio. Investments in non-exchange traded securities form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Beck Capital Management LLC 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 Beck Capital Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Beck Capital Management is high net worth individuals with 119 clients and $192.47 million of assets under management. Among the 12 most similar advisory firms, Beck Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $250.95 million for 369 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.

Beck Capital Management doesn't advise any private funds.

Careers at Beck Capital Management LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
James Franklin Beck	Chief investment advisor	1 Dec 2009	75% - 100%	1729263
William Frederick Gregory	Chief compliance officer	1 Dec 2009	Other	2873020
Bryan Crossley Anderson	Executive vice president & market strategist	1 May 2015	Other	1738422

Based in Austin

The principal office where Beck Capital Management LLC performs its advisory services is located at 2009 S. Capital Of Texas Hwy., Austin, TX 78746, 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 512-345-6789 or by fax 512-231-8880. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at beckcapitalmanagement.com.