Helm Capital Management LLC (Seattle)

Name: Helm Capital Management LLC
Address: 1904 Third Avenue, Suite 325, Seattle, WA, 98101
Telephone: 206-654-6200

Helm Capital Management LLC is a large advisory firm based in Seattle. It manages $121.04 million of regulatory assets for 148 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Texas, and Washington.

Helm Capital Management provides portfolio management for individuals and small businesses, selection of other advisers, and 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.

Helm Capital Management: assets under management

The assets under management (AUM) of Helm Capital Management LLC is $121.04 million. The firm's AUM has grown by 268% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.54 million in discretionary accounts and $1.5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $813.18 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.5 million.

Helm Capital Management has custody of $1.5 million in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 73% of the total AUM. The second-largest asset type is state and local bonds, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Helm Capital Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Helm Capital Management serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Helm Capital Management is high net worth individuals with 26 clients and $104.79 million of assets under management. Among the 13 most similar advisory firms, Helm Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $121.04 million for 65 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.

Helm Capital Management also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $15,000 for each fund.

Careers at Helm Capital Management LLC

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
Edward Solomon Malakoff	Managing member, cco	1 Nov 2002	75% - 100%	4598312
Edward S Malakoff	Chief compliance officer	1 Jun 2006	75% - 100%	4598312
Matthew Dean Zuck	Cco, partner	1 Feb 2016	Other	4541774

Based in Seattle

The principal office where Helm Capital Management LLC performs its advisory services is located at 1904 Third Avenue, Suite 325, Seattle, WA 98101, 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 206-654-6200. The normal business hours are 9 am - 5 pm pst on Monday - Friday. You can find more information about the New York firm at helmcapitalmanagement.com.