Lind Capital Partners, LLC (Evanston)

Name: Lind Capital Partners, LLC
Address: 500 Davis Center, Suite 1004, Evanston, IL, 60201
Telephone: 312-878-3830

Lind Capital Partners, LLC is a large advisory firm based in Evanston. It manages $175.84 million of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Illinois.

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

Lind Capital Partners: assets under management

The assets under management (AUM) of Lind Capital Partners, LLC is $175.84 million. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $75.84 million in discretionary accounts and $100 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.45 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $100 million.

Lind Capital Partners has custody of $20.45 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in state and local bonds the most. They account for 73% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lind Capital Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lind Capital Partners serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Lind Capital Partners is high net worth individuals with 20 clients and $55.39 million of assets under management. Among the 10 most similar advisory firms, Lind Capital Partners has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $75.84 million for 22 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.

Lind Capital Partners also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Lind Capital Partners, 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. 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
Jon Robert Lind	Member	1 May 2008	50% - 75%	1245753
Jon Robert Lind	Partner	1 Jun 2008	50% - 75%	1245753
David Mansfield Murdoch	Member, cco	1 Aug 2008	50% - 75%	1532875
David Mansfield Murdoch	Partner and chief compliance officer	1 Nov 2008	50% - 75%	1532875

Based in Evanston

The principal office where Lind Capital Partners, LLC performs its advisory services is located at 500 Davis Center, Suite 1004, Evanston, IL 60201, 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 312-878-3830. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at lindcapitalpartners.com.