Cain Capital L.L.C. (Dallas)

Cain Capital L.L.C. is a large advisory firm based in Dallas. It manages $120.94 million of regulatory assets for 113 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Texas.

Cain Capital L.L.C provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

Cain Capital L.L.C: assets under management

The assets under management (AUM) of Cain Capital L.L.C. is $120.94 million. The firm's AUM has grown by 85% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $79.83 million in discretionary accounts and $41.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $814.63 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.74 million.

Investments

The firm invests in other assets the most. They account for 37% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in pooled investment vehicles form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cain Capital L.L.C. for their services and products based on 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 Cain Capital L.L.C serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Cain Capital L.L.C is high net worth individuals with 5 clients and $105.3 million of assets under management. Among the 9 most similar advisory firms, Cain Capital L.L.C has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $120.94 million for 33 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.

Cain Capital L.L.C also advises several private funds. Namely, sixteen other private funds. The minimum investment commitment required of non-related persons ranges from $500 to $500,000.

Careers at Cain Capital L.L.C.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Rod Cain Jones	Managing member	1 Jan 1998	50% - 75%	2401144
Hugh Hennesy	Chief compliance officer and chief financial officer	1 Oct 2000	Other	5512754
Angela Hamm Carlson	Chief compliance officer	1 Dec 2001	Other	4629804
Hugh Hennesy	Chief compliance officer and chief financial officer (since 10/2000)	1 Jan 2011	Other	5512754
Kevin Brady Parker	Chief operating officer	1 May 2012	Other	6091788

Based in Dallas

The principal office where Cain Capital L.L.C. performs its advisory services is located at 3953 Maple Avenue, Dallas, TX 75219, 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 214-720-9561 or by fax 214-720-2006. The normal business hours are 8:00am - 5:00 pm on Monday - Friday.