First Class Capital LLC (Liberty)

Name: First Class Capital LLC
Address: 221 N Jefferson Ave, Liberty, MO, 64068
Telephone: 816-726-5339

First Class Capital LLC is an internet adviser based in Liberty. It manages $10 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Missouri.

First Class 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 pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

First Class Capital: assets under management

The assets under management (AUM) of First Class Capital LLC is $10 million. The firm's AUM has grown by 900% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5 million in discretionary accounts and $5 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $166.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $250 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Class 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.

What kind of clients First Class Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of First Class Capital is high net worth individuals with 10 clients and $7 million of assets under management. Among the 4 most similar advisory firms, First Class Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $10 million for 50 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.

First Class Capital doesn't advise any private funds.

Careers at First Class Capital LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Anthony Michael Castelluccio	Cco managing member	1 Oct 2014	75% - 100%	5839327

Based in Liberty

The principal office where First Class Capital LLC performs its advisory services is located at 221 N Jefferson Ave, Liberty, MO 64068 The mailing address of the firm is 221 N Jefferson, Liberty, MO 64068. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 816-726-5339 or by fax 816-726-5339. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at firstclasscap.com.