Trent Capital Management Inc (Greensboro)

Name: Trent Capital Management Inc
Address: 3150 North Elm St,Ste 204, Greensboro, NC, 27408
Telephone: 336-282-9302

Trent Capital Management Inc is a large advisory firm based in Greensboro. It manages $149.96 million of regulatory assets for 305 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Georgia, Kentucky, North Carolina, and Texas.

Trent Capital Management provides portfolio management for individuals and small businesses 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.

Trent Capital Management: assets under management

The assets under management (AUM) of Trent Capital Management Inc is $149.96 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $80.66 million in discretionary accounts and $69.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.87 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.44 million.

Trent Capital Management has custody of $5.01 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 55% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trent Capital Management Inc for their services and products based on a percentage of assets under management 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 Trent Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Trent Capital Management is pension and profit sharing plans with 30 clients and $72.59 million of assets under management. Among the 9 most similar advisory firms, Trent Capital Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $147.78 million for 201 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.

Trent Capital Management also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Trent Capital Management Inc

The company employs 7 people that are either part- or full-time employees. 29 percent of the employees work as investment advisers or researchers. No 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 compensates 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
Ira James Folds	Director of corporate development	1 Dec 1987	25% - 50%	1132399
David Clendenin Millikan	Vice president	1 Dec 1987	25% - 50%	1069207
Robert Vernon May	Vice president, cio	1 Jun 1990	25% - 50%	1765377
David Michael Labiak	President, cfo & chief compliance officer	1 Jan 1997	25% - 50%	4330042
Christian Grant Schnabel	Director of marketing	1 Jan 1998	Other	2448485
William Charles Thacker	Director of benefit plan assets	1 Jul 2006	25% - 50%	2951334

Based in Greensboro

The principal office where Trent Capital Management Inc performs its advisory services is located at 3150 North Elm St,Ste 204, Greensboro, NC 27408, 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 336-282-9302 or by fax 336-282-8272. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at trentcapital.com.