Fidelis Capital, LLC (Birmingham)

Name: Fidelis Capital, LLC
Address: 820 Shades Creek Pkwy., Birmingham, AL, 35209
Telephone: 205.626.9130

Fidelis Capital, LLC is a related adviser based in Birmingham. It manages $51.59 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Alabama.

Fidelis Capital provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and portfolio 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.

Fidelis Capital: assets under management

The assets under management (AUM) of Fidelis Capital, LLC is $51.59 million. The firm's AUM has grown by 3671% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.1 million in discretionary accounts and $48.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.16 million.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is other assets, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fidelis 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 Fidelis Capital serves?

The only and largest group of clients of Fidelis Capital is pooled investment vehicles with 2 clients and $45.99 million of assets under management. Among the 2 most similar advisory firms, Fidelis Capital has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $45.99 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Fidelis Capital also advises several private funds.

Careers at Fidelis Capital, LLC

The company employs 2 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 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
William Edward Reiser	Member	1 May 2001	25% - 50%	2809521
John Stanley Stein	Member, chief compliance officer	1 May 2001	25% - 50%	2179065
Steven Mccall Dauphin	Member	1 May 2001	25% - 50%	2784306

Based in Birmingham

The principal office where Fidelis Capital, LLC performs its advisory services is located at 820 Shades Creek Pkwy., Birmingham, AL 35209, 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 205.626.9130. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at fideliscapital.net.