The Caprock Group, Inc. is a large advisory firm based in Boise. It manages $2.76 billion of regulatory assets for 245 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Colorado, Idaho, Utah, and Washington.
The Caprock Group provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and wealth management & consulting. 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 The Caprock Group, Inc. is $2.76 billion. The firm's AUM has grown by 1388% 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 The Caprock Group, Inc. for their services and products based on a percentage of assets under management and fixed 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 individuals, charitable organizations, and high net worth individuals. The largest group of clients of The Caprock Group is high net worth individuals with 173 clients and $2.24 billion of assets under management. Among the 11 most similar advisory firms, The Caprock Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.76 billion for 245 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.
The Caprock Group also advises several private funds. Namely, one private equity fund.
The company employs 32 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 26 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.
The principal office where The Caprock Group, Inc. performs its advisory services is located at 805 West Idaho Street, Boise, ID 83702, which is also the mailing address of the firm. An additional office of the firm is in Mercer Island, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (208) 368-9600 or by fax (208) 368-9602. The normal business hours are 7:30 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at i3impact.com.