Collegiate Capital Management, Inc. (Raleigh)

Name: Collegiate Capital Management, Inc.
Address: 214 New Bern Place, Raleigh, NC, 27601
Telephone: 919-838-0101

Collegiate Capital Management, Inc. is a large advisory firm based in Raleigh. It manages $298.15 million of regulatory assets for 1,571 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, Georgia, Kentucky, and 7 other states.

Collegiate Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Collegiate Capital Management: assets under management

The assets under management (AUM) of Collegiate Capital Management, Inc. is $298.15 million. The firm's AUM has grown by 423% since the beginning of its operation, and $278.38 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $260.41 million in discretionary accounts and $37.75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $207.83 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $118.7 thousand.

Collegiate Capital Management has custody of $68.27 million in cash and securities for 121 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 66% of the total AUM. The second-largest asset type is other assets, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Collegiate Capital Management, Inc. for their services and products based on a percentage of assets under management. 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 Collegiate Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Collegiate Capital Management is high net worth individuals with 109 clients and $217.85 million of assets under management. Among the 8 most similar advisory firms, Collegiate Capital Management has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $296.48 million for 294 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Collegiate Capital Management doesn't advise any private funds.

Careers at Collegiate Capital Management, Inc.

The company employs 9 people that are either part- or full-time employees. 44 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
Tony Wayne Sigmon	President,chief compliance officer	1 Jul 1994	75% - 100%	2401700

Based in Raleigh

The principal office where Collegiate Capital Management, Inc. performs its advisory services is located at 214 New Bern Place, Raleigh, NC 27601, which is also the mailing address of the firm. An additional office of the firm is in Decatur, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-838-0101 or by fax 919-838-0102. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at collegiatecapital.com.