Peirce Capital Management, LLC (The Woodlands)


Peirce Capital Management, LLC is a large advisory firm based in The Woodlands. It manages $195.59 million of regulatory assets for 476 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Peirce Capital Management provides portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Peirce Capital Management: assets under management

The assets under management (AUM) of Peirce Capital Management, LLC is $195.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.59 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $410.91 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 74% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 21% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Peirce Capital Management, LLC 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 Peirce Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Peirce Capital Management is high net worth individuals with 57 clients and $181.63 million of assets under management. Among the 10 most similar advisory firms, Peirce Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $195.59 million for 88 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.

Peirce Capital Management doesn't advise any private funds.

Careers at Peirce Capital Management, LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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
Wesley Michael Peirce Cco 1 Jan 2007 75% - 100% 5372367

Based in The Woodlands

The principal office where Peirce Capital Management, LLC performs its advisory services is located at 4840 W. Panther Creek, Suite 210, The Woodlands, TX 77381, 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 832-877-7520. The normal business hours are by appointment on Other. You can find more information about the New York firm at peircecap.com/.