Capital Management Consultants, Inc. (Deerfield)

Name: Capital Management Consultants, Inc.
Address: 155 N. Pfingsten Road, Deerfield, IL, 60015
Telephone: 847-498-8899

Capital Management Consultants, Inc. is a large advisory firm based in Deerfield. It manages $118.25 million of regulatory assets for 487 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois and Wisconsin.

Capital Management Consultants provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Management Consultants: assets under management

The assets under management (AUM) of Capital Management Consultants, Inc. is $118.25 million. The firm's AUM has grown by 81% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $116.78 million in discretionary accounts and $1.47 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $242.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $245.55 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 58% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capital Management Consultants, Inc. 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.

What kind of clients Marc Michael Davis serves?

The firm provides services to individuals, high net worth individuals, and banking or thrift institutions. The largest group of clients of Marc Michael Davis is high net worth individuals with 47 clients and $81.23 million of assets under management. Among the 8 most similar advisory firms, Capital Management Consultants has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $118.25 million for 242 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.

Capital Management Consultants doesn't advise any private funds.

Careers at Capital Management Consultants, Inc.

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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.

Marc Michael Davis has been acting as President since 1 Feb 2002. Raymond Otto Schmitt joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Mikicic Andrich	Secretary	1 Mar 1987	25% - 50%	1335646
Raymond Otto Schmitt	President	1 Jun 1992	25% - 50%	414157
Robert Nicholas Stumpf	Treasurer	1 Dec 1994	25% - 50%	1335710
Marc Michael Davis	President/chief compliance officer	1 Feb 2002	25% - 50%	2412125
Raymond Otto Schmitt	Vice-president	1 Feb 2002	Other	414157

Based in Deerfield

The principal office where Capital Management Consultants, Inc. performs its advisory services is located at 155 N. Pfingsten Road, Deerfield, IL 60015, which is also the mailing address of the firm. An additional office of the firm is in Cary, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-498-8899 or by fax 847-498-6089. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at capitalmanagementconsultants.net.