Capital Preservation Partners Inc. (Bronxville)


Capital Preservation Partners Inc. is a large advisory firm based in Bronxville. It manages $92.49 million of regulatory assets for 554 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Connecticut, Florida, New Jersey, and New York.

Capital Preservation Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as real estate development.

Capital Preservation Partners: assets under management

The assets under management (AUM) of Capital Preservation Partners Inc. is $92.49 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 212% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $92.49 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $166.96 thousand each.
Capital Preservation Partners has custody of $1.69 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Capital Preservation Partners is high net worth individuals with 19 clients and $60.02 million of assets under management. Among the 9 most similar advisory firms, Capital Preservation Partners has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $92.49 million for 199 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 Preservation Partners doesn't advise any private funds.

Careers at Capital Preservation Partners Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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 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
Michael Steven Hymes Managing director 1 Nov 1992 25% - 50% 4723408
Kevin James Mullins Managing director 1 Nov 1992 Other 1423465
Frederic T. Hodor Managing director 1 Jan 1995 25% - 50% 4723422
Frederic T. Hodor Managing director 1 Jan 1996 25% - 50% 4723422
Kevin James Mullins Chief compliance officer 1 Mar 2009 Other 1423465
Ilir Gjoni Vice president, financial adviser 1 Jun 2016 Other 6765216
Ilir Gjoni Chief compliance officer 1 Jan 2018 Other 6765216

Based in Bronxville

The principal office where Capital Preservation Partners Inc. performs its advisory services is located at 55 Pondfield Road, Bronxville, NY 10708 The mailing address of the firm is 55 Pondfield Road, Bronxville, NY 10708. An additional office of the firm is in White Plains, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-337-2272 or by fax 914-961-1715. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at capitalpreservationpartners.net.