Grace Capital Management, LLC (Austin)


Grace Capital Management, LLC is a large advisory firm based in Austin. It manages $136.72 million of regulatory assets for 305 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Illinois, Indiana, and Texas.

Grace Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Grace Capital Management: assets under management

The assets under management (AUM) of Grace Capital Management, LLC is $136.72 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $112.39 million in discretionary accounts and $24.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $440.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $486.64 thousand.

Investments

The firm invests in pooled investment vehicles the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Grace Capital Management, LLC for their services and products based on a percentage of assets under management, commissions, 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.

What kind of clients Grace Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Grace Capital Management is high net worth individuals with 97 clients and $112.39 million of assets under management. Among the 10 most similar advisory firms, Grace Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $136.67 million for 274 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.

Grace Capital Management doesn't advise any private funds.

Careers at Grace Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
George Roger Duff Member and chief compliance officer 1 Mar 2009 75% - 100% 2768560

Based in Austin

The principal office where Grace Capital Management, LLC performs its advisory services is located at 11651 Jollyville Road, Austin, TX 78759, which is also the mailing address of the firm. An additional office of the firm is in Merrillville, IN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-485-1800 or by fax 512-485-1801. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at grace-cap.com.