Stamos Capital Partners, L.P. (Menlo Park)

Stamos Capital Partners, L.P. is a large advisory firm based in Menlo Park. It manages $3.39 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Stamos Capital Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Stamos Capital Partners: assets under management

The assets under management (AUM) of Stamos Capital Partners, L.P. is $3.39 billion. The firm's AUM has gone down by -49% since the beginning of its operation, and $259.9 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.21 billion in discretionary accounts and $2.17 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $71.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $197.59 million.

Stamos Capital Partners has custody of $1.21 billion in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 62% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stamos Capital Partners, L.P. 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 Peter S Stamos serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Peter S Stamos is pooled investment vehicles with 17 clients and $1.21 billion of assets under management. Among the 12 most similar advisory firms, Stamos Capital Partners has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.21 billion for 29 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Stamos Capital Partners also advises several private funds. Namely, six hedge funds, one real estate fund, nine private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Stamos Capital Partners, L.P.

The company employs 26 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Peter S Stamos has been acting as President since 1 Jun 2002. Peter Spiro Stamos has served as the Chief Investment Officer since 1 Jun 2002. Ronald Frank Jr. Marryott joined the executive team most recently as the Partner.

Direct owners and executive officers

Based in Menlo Park

The principal office where Stamos Capital Partners, L.P. performs its advisory services is located at 2498 Sand Hill Road, Menlo Park, CA 94025, 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 650-233-5000 or by fax 650-233-5100. The normal business hours are 8:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at stamoscapital.com.

Registered investment advisers similar to Stamos Capital Partners, L.P.

• Linden Manager
• Hsbc Securities (Usa)
• Proequities
• Spectrum Equity Managment
• Lynx Asset Management Ab
• Olde Asset Management
• South Texas Money Management
• Raine Capital
• Kopernik Global Investors
• Highland Capital Management Fund Advisors
• T. Rowe Price (Canada)
• Aquiline Holdings
• Nb Alternative Investment Management
• Robeco Institutional Asset Management Us
• Bimini Advisors