Crown Capital Securities, L.P. (Orange)

Name: Crown Capital Securities, L.P.
Address: 725 Town & Country Road, Orange, CA, 92868
Telephone: 714-547-9481

Crown Capital Securities, L.P. is a large advisory firm based in Orange. It manages $816.3 million of regulatory assets for 3,678 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 33 other states.

Crown Capital Securities provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Crown Capital Securities: assets under management

The assets under management (AUM) of Crown Capital Securities, L.P. is $816.3 million. The firm's AUM has grown by 485% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.26 million in discretionary accounts and $769.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $235.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $221.18 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 5% of the firm’s portfolio. Investments in exchange traded securities form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Crown Capital Securities, L.P. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. 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 Jonathan Lee French serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Jonathan Lee French is individuals with 3,470 clients and $506.56 million of assets under management. Among the 9 most similar advisory firms, Crown Capital Securities has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $816.3 million for 3,678 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.

Crown Capital Securities doesn't advise any private funds.

Careers at Crown Capital Securities, L.P.

The company employs 27 people that are either part- or full-time employees. 41 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 receive compensation from other entities for client referrals.

Jonathan Lee French has been acting as President since 1 Sep 2003. Nils Henrik Sundstedt joined the executive team most recently as the Chief Compliance Officer/Coo/Dir./Inv. Adv. Serv..

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Delta Broker Holding	Limited partner	1 Feb 1999	25% - 50%	33-0837988
Llc Delta Capital Holdings	General partner	1 Feb 1999	50% - 75%	33-0837986
L.P. Ret	Shareholder	1 Feb 1999	Other	62-1718772
Phyllis Jean Paulsen	Sr. vp/dir/cao dir./lic & reg/sec	1 Jun 1999	Other	1512757
Darol Kenneth Paulsen	Ceo/dir./treasurer/srop	1 Jun 1999	Other	358292
Nils Henrik Sundstedt	Sr. vp/inv. adv. serv./cco	1 Jun 1999	Other	2158642
Robert Dean Burchett	Finop	1 Jun 1999	Other	35348
Jonathan Lee French	Sr. vp. trading/ mktg. municipal principal/crop	1 Jun 1999	Other	3155702
Apryl Alynn Thompson	Vp, brokerage operations	1 Apr 2000	Other	1700640
Don Michael Edwards	Sr. vp. controller	1 Apr 2000	Other	2669488
Nils Henrik Sundstedt	Chief compliance officer/coo/dir./inv. adv. serv.	1 Sep 2003	Other	2158642
Jonathan Lee French	President/ municipal principal/crop/cmo	1 Sep 2003	Other	3155702
Don Michael Edwards	Cfo/finop/controller	1 Sep 2003	Other	2669488

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Darol Kenneth Paulsen	Managing member	1 Feb 1999	50% - 75%	358292

Based in Orange

The principal office where Crown Capital Securities, L.P. performs its advisory services is located at 725 Town & Country Road, Orange, CA 92868, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 714-547-9481 or by fax 714-547-9735. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at crowncapitalsecurities.com and its LinkedIn profile.