Crescat Portfolio Management LLC (Denver)

Name: Crescat Portfolio Management LLC
Address: 1560 Broadway, Denver, CO, 80202
Telephone: 303-271-9997

Crescat Portfolio Management LLC is a large advisory firm based in Denver. It manages $193.69 million of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Colorado.

Crescat Portfolio Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Crescat Portfolio Management: assets under management

The assets under management (AUM) of Crescat Portfolio Management LLC is $193.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 240% since the beginning of its operation, and $2.27 million of the total AUM is attributable to clients outside of the United States.

The firm manages $193.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.28 million each.

Crescat Portfolio Management has custody of $139.21 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 50% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Crescat Portfolio Management 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 Crescat Portfolio Management serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Crescat Portfolio Management is pooled investment vehicles with 2 clients and $176.11 million of assets under management. Among the 10 most similar advisory firms, Crescat Portfolio Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $193.69 million for 62 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.

Crescat Portfolio Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.

Careers at Crescat Portfolio Management LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Kevin Clark Smith	Managing partner and cio	1 Feb 2008	Other	2270325
Crescat Capital Llc	Managing member	1 Feb 2008	75% - 100%	26-1747737
Claiborne Brogden Booker	Managing partner and chief compliance officer	1 Feb 2008	Other	2162277
Daniel Holliday Hoskins	Managing partner and chief operating officer	1 Feb 2008	25% - 50%	5359301
Daniel Holliday Hoskins	Managing partner and chief compliance officer	1 Jan 2009	Other	5359301
Linda Carleu Smith	Cco and coo	1 Aug 2012	Other	2424185

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mark Robert Mckissick	Owner but not a manager	1 Feb 2008	Other	2288631
Quadrivium Partners Llc	Member and manager	1 Feb 2008	Other	83-0377773
Credo Capital Corp.	Member and manager	1 Feb 2008	25% - 50%	16-1743655
Value Growth Consulting Llc	Member and manager	1 Feb 2008	25% - 50%	74-3198054
Quadrivium Partners Llc	Member but not a manager	1 Jan 2009	Other	83-0377773

Based in Denver

The principal office where Crescat Portfolio Management LLC performs its advisory services is located at 1560 Broadway, Denver, CO 80202, 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 303-271-9997 or by fax 303-271-9998. 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 crescat.net/.