M.A.G. Capital, LLC (Los Angeles)

Name: M.A.G. Capital, LLC
Address: 555 S. Flower Street, Los Angeles, CA, 90071
Telephone: 213-533-8288

M.A.G. Capital, LLC is a large advisory firm based in Los Angeles. It manages $47.76 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.

M.A.G. Capital provides market timing 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.

M.A.G. Capital: assets under management

The assets under management (AUM) of M.A.G. Capital, LLC is $47.76 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.76 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.92 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay M.A.G. Capital, 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.

Careers at M.A.G. Capital, LLC

Todd Adam Bomberg has served as the Chief Investment Officer since 1 Jul 2005. Jeffrey James Groves joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Frederick Firestone	Managing member	1 May 2002	75% - 100%	2216774
Haroutoun Harry Aharonian	Portfolio manager	1 Feb 2003	Other	5060789
Todd Adam Bomberg	Chief investment officer	1 Jul 2005	Other	2932657
Lancelott M Kinkead	Chief compliance officer	1 Oct 2005	Other	3266783
Jeffrey James Groves	Chief compliance officer	1 Nov 2007	Other	2252184

Based in Los Angeles

The principal office where M.A.G. Capital, LLC performs its advisory services is located at 555 S. Flower Street, Los Angeles, CA 90071, 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 213-533-8288 or by fax 213-533-8285. The normal business hours are 8 am - 4 pm on Monday - Friday. You can find more information about the New York firm at www.magcap.net.