Caprin Asset Management LLC is a large advisory firm based in Henrico. It manages $1.3 billion of regulatory assets for 1,032 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 17 other states.
Caprin Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Caprin Asset Management LLC is $1.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3081% since the beginning of its operation, and $513.11 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Caprin Asset Management 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.
The firm provides services to insurance companies, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of William Washington Flowers is high net worth individuals with 928 clients and $957.28 million of assets under management. Among the 11 most similar advisory firms, Caprin Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.3 billion for 1,032 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.
Caprin Asset Management doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 10 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.
William Washington Flowers has been acting as President since 1 Jan 1997. Adam S Plotkin joined the executive team most recently as the Elected Manager And Chief Compliance Officer.
The principal office where Caprin Asset Management LLC performs its advisory services is located at 1802 Bayberry Court, Henrico, VA 23226, which is also the mailing address of the firm. An additional office of the firm is in Lynchburg, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 804-648-3333 or by fax 804-648-6651. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at caprinbonds.com.