Balance Point Capital Advisors, LLC (Westport)

Name: Balance Point Capital Advisors, LLC
Address: 285 Riverside Avenue, Westport, CT, 06880
Telephone: 203-652-8250

Balance Point Capital Advisors, LLC is a large advisory firm based in Westport. It manages $773.22 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Connecticut.

Balance Point Capital Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Balance Point Capital Advisors: assets under management

The assets under management (AUM) of Balance Point Capital Advisors, LLC is $773.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 127% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $773.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $193.31 million each.

Balance Point Capital Advisors has custody of $308.05 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Balance Point Capital Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Balance Point Capital Advisors serves?

The only and largest group of clients of Balance Point Capital Advisors is pooled investment vehicles with 4 clients and $773.22 million of assets under management. Among the 10 most similar advisory firms, Balance Point Capital Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $773.22 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Balance Point Capital Advisors also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Balance Point Capital Advisors, LLC

The company employs 12 people that are either part- or full-time employees. 75 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Seth Wales Alvord	Managing member	1 Aug 2011	50% - 75%	2438363
Brian Lance Sauerteig	Member and chief compliance officer	1 Aug 2011	Other	1209093
Justin Marc Kaplan	Member	1 Jan 2014	Other	4423373
Jason Michael Ewasko	Chief compliance officer	1 Feb 2016	Other	4622799
Andrew Francis Gilmore	Chief compliance officer	1 Nov 2016	Other	1186638
Syedumar Faisal Ehtisham	Chief compliance officer	1 Feb 2017	Other	5255031
Jocelyn M Dalkin	Chief compliance officer	1 Jun 2018	Other	6916088

Based in Westport

The principal office where Balance Point Capital Advisors, LLC performs its advisory services is located at 285 Riverside Avenue, Westport, CT 06880, 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 203-652-8250 or by fax 203-716-9828. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at balancepointcapital.com/.