Carden Capital LLC is a mid-sized advisory firm based in Pitkin. It manages $28.37 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Colorado.
Carden Capital provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Carden Capital LLC is $28.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 590% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Carden Capital 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.
The firm provides services to individuals, investment companies, other investment advisers, and pooled investment vehicles. The largest group of clients of Carden Capital is other investment advisers with 1 clients and $22.01 million of assets under management. Among the 4 most similar advisory firms, Carden Capital has the highest percentage of other investment advisers out of all clients.
The amount of regulatory assets under management is $28.37 million for 13 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.
Carden Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
The principal office where Carden Capital LLC performs its advisory services is located at 866 Fossil View Drive, Pitkin, CO 81241, 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 858-410-0038. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at cardencapital.com.