Acore Capital, LP is a large advisory firm based in Larkspur. It manages $10.53 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, New York, and Texas.
Acore Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. 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 Acore Capital, LP is $10.53 billion. The firm's AUM has grown by 35% since the beginning of its operation, and $113.81 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Acore Capital, LP 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.
The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of Acore Capital is insurance companies with 10 clients and $9.8 billion of assets under management. Among the 10 most similar advisory firms, Acore Capital has the highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $10.53 billion for 12 clients. 8% of the firm’s clients are foreign persons or businesses.
Acore Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $10,000,000.
The company employs 73 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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 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.
The principal office where Acore Capital, LP performs its advisory services is located at 80 East Sir Francis Drake Blvd., Larkspur, CA 94939, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (415) 917-4400 or by fax (415) 917-4400. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at acore.capital.