First Security Capital Management, Inc. (Venice)

First Security Capital Management, Inc. is a large advisory firm based in Venice. It manages $35.53 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Florida.

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

First Security Capital Management: assets under management

The assets under management (AUM) of First Security Capital Management, Inc. is $35.53 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 firm manages $30.75 million in discretionary accounts and $4.78 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $205 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $49.81 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Security Capital Management, Inc. 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.

Careers at First Security Capital Management, Inc.

Dennis Makarewicz has been acting as President since 1 Sep 1995. Kevin James Marsh joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dennis Makarewicz	President/treasurer	1 Sep 1995	50% - 75%	812070
Travis Wade Tuccillo	Vice president/ secretary/ finop/ chief compliance officer	1 Sep 1995	25% - 50%	2268469
Joseph Luhman Garbade	Finop	1 Jan 2008	Other	2351185
Bear Marsh Securities Llc	Direct owner	1 Oct 2008	Other	26-2973588
Kevin James Marsh	Chief compliance officer	1 Feb 2009	Other	2006082

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Kevin James Marsh	Indirect owner	1 Oct 2008	Other	2006082

Based in Venice

The principal office where First Security Capital Management, Inc. performs its advisory services is located at 125 Miami Avenue West, Venice, FL 34285 2411, 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 941-483-3732 or by fax 941-483-3818. The normal business hours are 9:00am - 4:00pm on Monday - Friday.