Schnieders Capital Management, LLC. (Pasadena)

Name: Schnieders Capital Management, LLC.
Address: 201 South Lake Avenue, Pasadena, CA, 91101
Telephone: 626.584.6168

Schnieders Capital Management, LLC. is a large advisory firm based in Pasadena. It manages $734.74 million of regulatory assets for 836 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Colorado, Kansas, and 3 other states.

Schnieders Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Schnieders Capital Management: assets under management

The assets under management (AUM) of Schnieders Capital Management, LLC. is $734.74 million. The firm's AUM has grown by 1513% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $331.06 million in discretionary accounts and $403.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $424.98 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.08 million.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Schnieders Capital Management, LLC. 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.

What kind of clients Schnieders Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Schnieders Capital Management is high net worth individuals with 77 clients and $608.96 million of assets under management. Among the 7 most similar advisory firms, Schnieders Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $734.74 million for 281 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.

Schnieders Capital Management doesn't advise any private funds.

Careers at Schnieders Capital Management, LLC.

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 3 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Francis Schnieders	Principal	1 May 2002	25% - 50%	2751181
Jim F Schnieders	Principal	1 May 2002	75% - 100%	2751181
William Henry Schnieders	Principal	1 Jul 2002	25% - 50%	414570
James Francis Schnieders	Principal	1 Jul 2002	25% - 50%	2751181
John Carter Schnieders	Principal	1 Jul 2006	25% - 50%	2751186
Sue Speed	Chief compliance officer	1 Feb 2014	Other	6314700
Sue Bryant	Chief compliance officer	1 Feb 2014	Other	6314700

Based in Pasadena

The principal office where Schnieders Capital Management, LLC. performs its advisory services is located at 201 South Lake Avenue, Pasadena, CA 91101, 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 626.584.6168 or by fax 626.584.6167. The normal business hours are 6:30 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at schniederscapital.com.