Sea Hunter Capital LLC (West Palm Beach)

Name: Sea Hunter Capital LLC
Address: 1300 Elizabeth Avenue, West Palm Beach, FL, 33401
Telephone: 561-208-3883

Sea Hunter Capital LLC is a large advisory firm based in West Palm Beach. It manages $105.32 million of regulatory assets for 101 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and Texas.

Sea Hunter Capital provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and advisory consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sea Hunter Capital: assets under management

The assets under management (AUM) of Sea Hunter Capital LLC is $105.32 million. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.38 million in discretionary accounts and $77.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $829.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.15 million.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 31% of the firm’s portfolio. Investments in investment grade corporate bonds form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sea Hunter Capital LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Sea Hunter Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Sea Hunter Capital is corporations or other businesses with 1 clients and $56.02 million of assets under management. Among the 9 most similar advisory firms, Sea Hunter Capital has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $105.32 million for 40 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.

Sea Hunter Capital doesn't advise any private funds.

Careers at Sea Hunter Capital LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kevin Michael Mccluskey	Managing member/managing partner	1 Aug 2016	50% - 75%	2981542
Robert Peale Polk Leidy	Managing member/managing partner/chief compliance officer	1 Aug 2016	50% - 75%	5468204
Kevin Michael Mccluskey	Chief compliance officer	1 May 2018	Other	2981542

Based in West Palm Beach

The principal office where Sea Hunter Capital LLC performs its advisory services is located at 1300 Elizabeth Avenue, West Palm Beach, FL 33401, 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 561-208-3883. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at seahuntercapital.com.