Stamos Capital Partners, L.P. (Menlo Park)

Name: Stamos Capital Partners, L.P.
Address: 2498 Sand Hill Road, Menlo Park, CA, 94025
Telephone: 650-233-5000

Stamos Capital Partners, L.P. is a large advisory firm based in Menlo Park. It manages $3.39 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Stamos Capital Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Stamos Capital Partners: assets under management

The assets under management (AUM) of Stamos Capital Partners, L.P. is $3.39 billion. The firm's AUM has gone down by -49% since the beginning of its operation, and $259.9 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.21 billion in discretionary accounts and $2.17 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $71.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $197.59 million.

Stamos Capital Partners has custody of $1.21 billion in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 62% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stamos Capital Partners, L.P. 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 Peter S Stamos serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Peter S Stamos is pooled investment vehicles with 17 clients and $1.21 billion of assets under management. Among the 12 most similar advisory firms, Stamos Capital Partners has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.21 billion for 29 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Stamos Capital Partners also advises several private funds. Namely, six hedge funds, one real estate fund, nine private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Stamos Capital Partners, L.P.

The company employs 26 people that are either part- or full-time employees. 38 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.

Peter S Stamos has been acting as President since 1 Jun 2002. Peter Spiro Stamos has served as the Chief Investment Officer since 1 Jun 2002. Ronald Frank Jr. Marryott joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter S Stamos	Chief executive officer/chairman	1 Jun 2002	25% - 50%	4958302
Spiro Stamos	Limited partner	1 Jun 2002	Other	4958318
L.L.C. Stamos Capital Partners Gp	General partner	1 Jun 2002	Other	20-0080341
Basil Paul Stamos	Limited partner	1 Jun 2002	Other	4962756
Peter Spiro Stamos	Chief executive officer/chief investment officer/partner	1 Jun 2002	25% - 50%	4958302
Spiro Peter Stamos	Limited partner	1 Jun 2002	Other	4958318
Christopher Stamos	Limited partner	1 Nov 2003	Other	4958317
Christopher Edward Stamos	Limited partner	1 Nov 2003	Other	4958317
Jared Adam Kanover	Chief compliance officer/general counsel/chief operating officer and senior partner	1 Jul 2005	Other	5002318
Catherine Anne Tse	Limited partner	1 Apr 2007	Other	3116982
Joanna Strober	Limited partner	1 Jun 2007	Other	5511245
Jeff Soukup	Senior partner	1 Apr 2008	Other	5649527
Jeffrey Todd Soukup	Chief financial officer/partner	1 Apr 2008	Other	5649527
Carolyn Nangsook Choi	Managing director	1 Aug 2008	Other	4072439
Kristina Brenner	Managing director	1 Jan 2009	Other	5757138
Michael A. Chisek	Chief investment officer and co-managing partner	1 Apr 2009	Other	5698375
Janine Michelle Ruvolo	Managing director	1 Jul 2009	Other	4749058
Bongseok Choi	Managing director	1 Jan 2010	Other	2887121
Josh Shapiro	Limited partner	1 Jun 2010	Other	5835234
Edmund F Hannon	Partner	1 Jun 2010	Other	1423669
Jonathan Mandle	Limited partner	1 Jul 2010	Other	5835228
Jason Christopher Cipriani	Limited partner	1 Sep 2010	Other	4891736
John Arthur Fulton	Limited partner	1 Sep 2010	Other	5574818
Matthew Dane Frymier	Limited partner	1 Oct 2010	Other	2084781
Ron B. Johnson	Limited partner	1 May 2011	25% - 50%	6090055
Ron Bruce Johnson	Limited partner	1 May 2011	25% - 50%	6090055
Bongseok Choi	Partner	1 Jul 2011	Other	2887121
Bong Seok Choi	Chief investment strategist/partner	1 Jul 2011	Other	2887121
Myron Samuel Scholes	Senior adviser	1 Jul 2011	Other	2231202
Zewditu Menelik	Limited partner	1 Jan 2013	Other	5530946
Kim A Tomsen	Chief compliance officer/general counsel/partner	1 Jan 2016	Other	6606579
Mark Samuel Colella	Partner	1 Jan 2016	Other	6046417
Kim Tomsen	Chief compliance officer/general counsel/partner	1 Jan 2016	Other	6606579
Ronald Frank Jr. Marryott	Partner	1 Jun 2016	Other	6700812

Based in Menlo Park

The principal office where Stamos Capital Partners, L.P. performs its advisory services is located at 2498 Sand Hill Road, Menlo Park, CA 94025, 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 650-233-5000 or by fax 650-233-5100. The normal business hours are 8:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at stamoscapital.com.