Schoolcraft Capital LLC is a large advisory firm based in Boulder. It manages $430.37 million of regulatory assets for 92 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Colorado, Florida, Illinois, Nebraska, and Texas.
Schoolcraft Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Schoolcraft Capital LLC is $430.37 million. The firm's AUM has grown by 1335% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Schoolcraft Capital LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Schoolcraft Capital is high net worth individuals with 87 clients and $365 million of assets under management. Among the 9 most similar advisory firms, Schoolcraft Capital has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $430.37 million for 92 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.
Schoolcraft Capital also advises several private funds. Namely, two hedge funds and three private equity funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives 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.
The principal office where Schoolcraft Capital LLC performs its advisory services is located at 820 Pearl Street Suite F, Boulder, CO 80302, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 303-625-6868. The normal business hours are 8:00am-5:30pm on Monday - Friday. You can find more information about the New York firm at schoolcraftcapital.com.