Argonaut Private Capital, LP (Tulsa)

Argonaut Private Capital, LP is a large advisory firm based in Tulsa. It manages $1.99 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Oklahoma, Texas, and Wisconsin.

Argonaut Private Capital 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.

Argonaut Private Capital: assets under management

The assets under management (AUM) of Argonaut Private Capital, LP is $1.99 billion. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.15 billion in discretionary accounts and $834.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $417.2 million.

Argonaut Private Capital has custody of $873.68 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 Argonaut Private Capital, LP 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 Argonaut Private Capital serves?

The only and largest group of clients of Argonaut Private Capital is pooled investment vehicles with 6 clients and $1.99 billion of assets under management. Among the 9 most similar advisory firms, Argonaut Private Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.99 billion for 6 clients. None of the firm’s clients are foreign persons or businesses.

Argonaut Private Capital also advises several private funds. Namely, six private equity funds.

Careers at Argonaut Private Capital, LP

The company employs 18 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Philip Dean Vantrease	Chief financial officer; general counsel; secretary	1 Apr 2016	Other	6644272
Patrick Joseph Sullivan	Chief compliance officer	1 Apr 2016	Other	6644273
Inc. Bw Investment Management	General partner	1 Apr 2016	Other	81-2478795
Llc Bw Capital Holdings	Limited partner	1 Apr 2016	75% - 100%	81-2488412

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Steven Ryan Mitchell	Shareholder	1 Apr 2016	75% - 100%	5328228

Based in Tulsa

The principal office where Argonaut Private Capital, LP performs its advisory services is located at 7030 S Yale Ave, Tulsa, OK 74136, which is also the mailing address of the firm. An additional office of the firm is in Appleton, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 918-392-9611. The normal business hours are 9am-5pm on Monday - Friday.