Mv Capital Management, Inc. (Bethesda)

Name: Mv Capital Management, Inc.
Address: 3 Bethesda Metro Center, Bethesda, MD, 20814 6336
Telephone: 301-656-6545

Mv Capital Management, Inc. is a large advisory firm based in Bethesda. It manages $569.64 million of regulatory assets for 754 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Delaware, District of Columbia, and 7 other states.

Mv Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mv Capital Management: assets under management

The assets under management (AUM) of Mv Capital Management, Inc. is $569.64 million. The firm's AUM has grown by 121% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $568.82 million in discretionary accounts and $821.21 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $758.42 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205.3 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mv Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Masood Vojdani serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Masood Vojdani is high net worth individuals with 223 clients and $325.77 million of assets under management. Among the 8 most similar advisory firms, Mv Capital Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $569.64 million for 347 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.

Mv Capital Management doesn't advise any private funds.

Careers at Mv Capital Management, Inc.

The company employs 10 people that are either part- or full-time employees. 100 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.

Masood Vojdani has been acting as President since 1 Dec 2005. Mark Evans Underwood joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Masood Vojdani	President	1 Dec 2005	75% - 100%	1590145
Virginia Ann Carroll	Chief compliance officer	1 Dec 2005	Other	3070728
Mark Evans Underwood	Chief compliance officer	1 Nov 2009	Other	4594965

Based in Bethesda

The principal office where Mv Capital Management, Inc. performs its advisory services is located at 3 Bethesda Metro Center, Bethesda, MD 20814 6336, 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 301-656-6545 or by fax 301-656-2722. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at mvfinancial.com.