Collaboration Capital LLC (Houston)

Name: Collaboration Capital LLC
Address: 3131 Eastside, Houston, TX, 77098
Telephone: 346-319-4783

Collaboration Capital LLC is a large advisory firm based in Houston. It manages $150.12 million of regulatory assets for 163 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of New Hampshire and Texas.

Collaboration Capital provides portfolio management for individuals and small businesses 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.

Collaboration Capital: assets under management

The assets under management (AUM) of Collaboration Capital LLC is $150.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $150.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $920.98 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is state and local bonds, which make up 12% of the firm’s portfolio. Investments in pooled investment vehicles form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Collaboration 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.

What kind of clients Collaboration Capital serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Collaboration Capital is high net worth individuals with 30 clients and $141.86 million of assets under management. Among the 7 most similar advisory firms, Collaboration Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $150.12 million for 32 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.

Collaboration Capital doesn't advise any private funds.

Careers at Collaboration Capital LLC

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 3 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
Gary Thomas Fitzgerald	Coo and cco	1 Aug 2017	Other	4898527
Llc Collaboration Holding	Member	1 Aug 2017	75% - 100%	82-2484080
George William Rooney	Cio	1 Aug 2017	Other	4456157
Inc. The Next Seed	Member	1 Aug 2019	75% - 100%	47-1483554

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Lykes Knapp	Member and managing member	1 Aug 2017	50% - 75%	2594218
Steven Howard Schow	Member	1 Aug 2017	50% - 75%	1020360

Based in Houston

The principal office where Collaboration Capital LLC performs its advisory services is located at 3131 Eastside, Houston, TX 77098, 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 346-319-4783 or by fax 832-767-3646. The normal business hours are 8:00 - 4:00 cst on Monday - Friday. You can find more information about the New York firm at collaboration.capital/.