Cardinal Student Housing I Advisor, LLC (Denver)

Cardinal Student Housing I Advisor, LLC is a large advisory firm based in Denver. It manages $207.72 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Colorado.

Cardinal Student Housing I Advisor provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cardinal Student Housing I Advisor: assets under management

The assets under management (AUM) of Cardinal Student Housing I Advisor, LLC is $207.72 million. The company doesn't manage any assets belonging to foreign clients.

Cardinal Student Housing I Advisor has custody of $937 thousand in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cardinal Student Housing I Advisor, 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.

What kind of clients Cardinal Student Housing I Advisor serves?

The only and largest group of clients of Cardinal Student Housing I Advisor is pooled investment vehicles with 2 clients and $207.72 million of assets under management. Among the 8 most similar advisory firms, Cardinal Student Housing I Advisor has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $207.72 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Cardinal Student Housing I Advisor also advises several private funds. Namely, two real estate funds. The minimum investment commitment required of non-related persons is $20,000,000 for each fund.

Careers at Cardinal Student Housing I Advisor, 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.

James Eric Frank has served as the Chief Investment Officer since 1 Jan 2019 and Del De Windt is the Chief Executive Officer of Cardinal Student Housing I Advisor, LLC family office. John O'brien joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Del De Windt	Chief executive officer	1 Jan 2017	25% - 50%	7112351
Alex O'brien	Chief financial officer	1 Jan 2018	Other	7112354
Jason Luker	Chief financial officer	1 Jan 2019	25% - 50%	7112352
James Eric Frank	Chief investment officer	1 Jan 2019	25% - 50%	4774546
John O'brien	Chief compliance officer	1 Mar 2019	Other	7112357

Based in Denver

The principal office where Cardinal Student Housing I Advisor, LLC performs its advisory services is located at 4100 East Mississippi Avenue, Denver, CO 80246, which is also the mailing address of the firm. An additional office of the firm is in San Carlos, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-407-4500. The normal business hours are 9am - 5pm on Monday - Friday.