Pointe Capital Management LLC (Grosse Pointe Farms)

Name: Pointe Capital Management LLC
Address: 63 Kercheval Avenue, Grosse Pointe Farms, MI, 48236
Telephone: (313) 882-7100

Pointe Capital Management LLC is a large advisory firm based in Grosse Pointe Farms. It manages $196.01 million of regulatory assets for 360 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, Michigan, New York, and Texas.

Pointe Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and investment 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.

Pointe Capital Management: assets under management

The assets under management (AUM) of Pointe Capital Management LLC is $196.01 million. The firm's AUM has grown by 182% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.66 million in discretionary accounts and $345 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $546.54 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $172.5 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pointe Capital Management LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Pointe Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Pointe Capital Management is high net worth individuals with 81 clients and $175.49 million of assets under management. Among the 10 most similar advisory firms, Pointe Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $192.06 million for 167 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.

Pointe Capital Management doesn't advise any private funds.

Careers at Pointe Capital Management LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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
Charles Paul Huebner	Managing member	1 Feb 2010	25% - 50%	804939
Paul John Huebner	Chief compliance officer, managing member	1 Feb 2010	25% - 50%	4262776
John Philip Jagger	Managing member	1 Feb 2010	25% - 50%	256868
Jeffrey Charles Huebner	Managing member	1 Apr 2011	25% - 50%	2894119

Based in Grosse Pointe Farms

The principal office where Pointe Capital Management LLC performs its advisory services is located at 63 Kercheval Avenue, Grosse Pointe Farms, MI 48236, 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 (313) 882-7100 or by fax (313) 882-8124. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at pointecapitalmanagement.com.