Coramerica Capital, LLC (El Segundo)

Coramerica Capital, LLC is a large advisory firm based in El Segundo. It manages $1.94 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Iowa.

Coramerica Capital provides 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.

Coramerica Capital: assets under management

The assets under management (AUM) of Coramerica Capital, LLC is $1.94 billion. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $777.28 million in discretionary accounts and $1.16 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $388.64 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.16 billion.

Coramerica Capital has custody of $342.62 thousand in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Coramerica Capital, 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.

Careers at Coramerica Capital, LLC

The company employs 13 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. No 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.

Phillip John Gass has been acting as President since 1 Dec 2016. John Herbert Roth joined the executive team most recently as the Counsel, Chief Compliance Officer And Secretary.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 16 indirect owners.

Based in El Segundo

The principal office where Coramerica Capital, LLC performs its advisory services is located at 1960 East Grand Avenue, El Segundo, CA 90245, 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 (310) 606-8440 or by fax (310) 606-8450. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at coramerica.com.

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