Skylands Capital, LLC (Milwaukee)

Name: Skylands Capital, LLC
Address: 1200 North Mayfair Road, Milwaukee, WI, 53226 3287
Telephone: 414-256-3380

Skylands Capital, LLC is a large advisory firm based in Milwaukee. It manages $667.86 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Wisconsin.

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

Skylands Capital: assets under management

The assets under management (AUM) of Skylands Capital, LLC is $667.86 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -25% since the beginning of its operation, and $166.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $667.86 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $39.29 million each.

Skylands Capital has custody of $548.2 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Skylands Capital, LLC 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 Skylands Capital serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Skylands Capital is pooled investment vehicles with 5 clients and $599.11 million of assets under management. Among the 6 most similar advisory firms, Skylands Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $638.55 million for 15 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 12% of the firm’s clients are foreign persons or businesses.

Skylands Capital also advises several private funds. Namely, four hedge funds.

Careers at Skylands Capital, LLC

The company employs 9 people that are either part- or full-time employees. 56 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Andrew Paquelet	President, sole member	1 Mar 2004	75% - 100%	1976452
Pamela Anne Cavanaugh	Vice-president and chief compliance officer	1 Dec 2005	Other	1377227
Rhonda Kelly Haight	Vice president, treasurer and chief compliance officer	1 Jul 2013	Other	2961191
Steven Frank Pulito	Vice president client development	1 Jul 2013	Other	2566536

Based in Milwaukee

The principal office where Skylands Capital, LLC performs its advisory services is located at 1200 North Mayfair Road, Milwaukee, WI 53226 3287, 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 414-256-3380 or by fax 414-256-3396. The normal business hours are 8:00-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at skylandscapital.com.