Acr ALPine Capital Research, LLC (St. Louis)


Acr ALPine Capital Research, LLC is a large advisory firm based in St. Louis. It manages $3.61 billion of regulatory assets for 5,104 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Acr ALPine Capital Research provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and investment advisory to uma models. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Acr ALPine Capital Research: assets under management

The assets under management (AUM) of Acr ALPine Capital Research, LLC is $3.61 billion. The firm's AUM has grown by 10% since the beginning of its operation, and $318.52 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $2.47 billion in discretionary accounts and $1.15 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $484.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $286.34 million.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acr ALPine Capital Research, LLC for their services and products based on a percentage of assets under management 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 Stephen Alan Mace serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Stephen Alan Mace is high net worth individuals with 486 clients and $1.06 billion of assets under management. Among the 8 most similar advisory firms, Acr ALPine Capital Research has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.47 billion for 4,646 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Acr ALPine Capital Research also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at Acr ALPine Capital Research, LLC

The company employs 26 people that are either part- or full-time employees. 46 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Stephen Alan Mace has been acting as President since 1 Dec 2016. Joseph Francis Stowell Iii joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Nicholas Virgil Tompras Chief executive officer and chief investment officer 1 Nov 1999 Other 1362041
Darryl Stephen Grayson Managing director 1 Sep 2015 Other 2296764
Anthony Christopher Scibelli Managing director 1 Sep 2016 Other 1359404
Matthew Stephen Hardin Chief compliance officer 1 Oct 2016 Other 2366634
Llc Alpine Investment Management Managing member 1 Dec 2016 75% - 100% 43-1945310
Stephen Alan Mace President 1 Dec 2016 Other 1777748
Mitul Devji Nakum Chief operating officer 1 Mar 2017 Other 3187240
Lp Acr Alpine Capital Research Direct owner 1 May 2018 75% - 100% 82-5386409
Joseph Francis Stowell Iii Chief compliance officer 1 Jul 2018 Other 4795450

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nicholas Virgil Tompras Managing member 1 Dec 2016 75% - 100% 1362041
Llc Acr Alpine Capital Gp General partner 1 May 2018 Other 82-5386696
Llc Alpine Investment Management Elected manager 1 May 2018 75% - 100% 43-1945310

Based in St. Louis

The principal office where Acr ALPine Capital Research, LLC performs its advisory services is located at 8000 Maryland Ave, St. Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-932-7600 or by fax 314-932-1111. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at alpine-invest.com.