Vezzetti Capital Management, L.L.C. (La Salle)


Vezzetti Capital Management, L.L.C. is a large advisory firm based in La Salle. It manages $207.17 million of regulatory assets for 286 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Illinois and Texas.

Vezzetti Capital Management, L.L.C provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and local municipalities and school districts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vezzetti Capital Management, L.L.C: assets under management

The assets under management (AUM) of Vezzetti Capital Management, L.L.C. is $207.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 86% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $207.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $724.35 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 29% of the total AUM. The second-largest asset type is government bonds, which make up 19% of the firm’s portfolio. Investments in other assets form 18% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vezzetti Capital Management, L.L.C. 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 Vezzetti Capital Management, L.L.C serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Vezzetti Capital Management, L.L.C is state or municipal government entities with 14 clients and $110.67 million of assets under management. Among the 11 most similar advisory firms, Vezzetti Capital Management, L.L.C has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $207.17 million for 191 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.

Vezzetti Capital Management, L.L.C doesn't advise any private funds.

Careers at Vezzetti Capital Management, L.L.C.

The company employs 2 people that are either part- or full-time employees. 50 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Michael Vincent Vezzetti Member 1 Mar 2008 75% - 100% 1797542
Tiffany Ann Kenney Member & chief compliance officer 1 May 2008 Other 5526739

Based in La Salle

The principal office where Vezzetti Capital Management, L.L.C. performs its advisory services is located at 260 Bucklin Street, Suite A, La Salle, IL 61301 2344, 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 815-220-0511 or by fax 815-220-0520. The normal business hours are 8:30 am - 4:00 pm on Monday - Friday.