Talson Capital Management L.P. (Darien)

Name: Talson Capital Management L.P.
Address: 23 Old Kings Highway South, Darien, CT, 06820
Telephone: 203-202-7500

Talson Capital Management L.P. is a large advisory firm based in Darien. It manages $339.75 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Connecticut and Washington.

Talson Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Talson Capital Management: assets under management

The assets under management (AUM) of Talson Capital Management L.P. is $339.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2% since the beginning of its operation, and $1.85 million of the total AUM is attributable to clients outside of the United States.

The firm manages $339.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.99 million each.

Talson Capital Management has custody of $294.16 million in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

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

What kind of clients Talson Capital Management serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Talson Capital Management is pooled investment vehicles with 15 clients and $292.18 million of assets under management. Among the 11 most similar advisory firms, Talson Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $339.75 million for 17 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 11% of the firm’s clients are foreign persons or businesses.

Talson Capital Management also advises several private funds. Namely, twelve hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Talson Capital Management L.P.

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Francis Mcdonald	Limited partner of taylor investment advisors lp	1 Mar 2002	Other	2532856
Jason Michael Taylor	Limited partner of taylor investment advisors lp	1 Mar 2002	Other	4600946
Dominic Michael Napolitano	Managing member and chief compliance officer	1 Mar 2009	75% - 100%	1854821
Talson Capital Management Gp Llc	Managing member	1 Apr 2015	75% - 100%	81-1630230
Douglas Robert Colasurdo	Cfo/cco	1 Jun 2015	Other	6619451
Talson Holdings Gp Llc	Gp of taylor investment advisors lp	1 Mar 2017	Other	47-3292350
Talson Holdings Lp	Limited partner of taylor investment advisors lp	1 Mar 2017	75% - 100%	00-0000000

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dominic Michael Napolitano	Managing member/sole member	1 May 2015	75% - 100%	1854821
Dominic Michael Napolitano	Limited partner	1 Mar 2017	50% - 75%	1854821

Based in Darien

The principal office where Talson Capital Management L.P. performs its advisory services is located at 23 Old Kings Highway South, Darien, CT 06820, 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 203-202-7500 or by fax 203-202-7501. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at talsonpartners.com.