Planning Capital Management Corp. (Philadelphia)

Name: Planning Capital Management Corp.
Address: 1515 Market Street, Philadelphia, PA, 19102
Telephone: 856-482-8700

Planning Capital Management Corp. is a large advisory firm based in Philadelphia. It manages $115.34 million of regulatory assets for 467 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of New Jersey and Pennsylvania.

Planning Capital Management Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Planning Capital Management Corp: assets under management

The assets under management (AUM) of Planning Capital Management Corp. is $115.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 255% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $246.97 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Planning Capital Management Corp. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard William Bell serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Richard William Bell is high net worth individuals with 52 clients and $72.92 million of assets under management. Among the 9 most similar advisory firms, Planning Capital Management Corp has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $114.81 million for 192 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.

Planning Capital Management Corp doesn't advise any private funds.

Careers at Planning Capital Management Corp.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Richard William Bell has been acting as President since 1 Feb 2001. Daniel Brady joined the executive team most recently as the Shareholder, Investment Adviser Representative.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard William Bell	Chief compliance officer	1 Jan 2001	75% - 100%	2163662
Richard William Bell	President/chief compliance officer	1 Feb 2001	75% - 100%	2163662
Michele Mansi	Cco	1 Dec 2004	Other	4798513
Carlos Alberto Esteves	Senior investment advisor	1 Jan 2006	Other	1910540
Jay Dixon Ahlbeck	Senior advisor	1 Nov 2006	Other	1821237
Daniel Brady	Shareholder, investment adviser representative	1 Jan 2019	Other	6240339

Based in Philadelphia

The principal office where Planning Capital Management Corp. performs its advisory services is located at 1515 Market Street, Philadelphia, PA 19102 The mailing address of the firm is 1515 Market Street, Philadelphia, PA 19102. An additional office of the firm is in Allentown, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 856-482-8700 or by fax 856-482-0096. 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 planningcapital.com.