Weatherhelm Capital Management LLC (Cambridge)

Name: Weatherhelm Capital Management LLC
Address: 5 Washington Street, Cambridge, NY, 12816
Telephone: (518)-407-3886

Weatherhelm Capital Management LLC is a mid-sized advisory firm based in Cambridge. It manages $30.33 million of regulatory assets for 138 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of New Hampshire, New York, Rhode Island, Vermont, and Washington.

Weatherhelm Capital Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Weatherhelm Capital Management: assets under management

The assets under management (AUM) of Weatherhelm Capital Management LLC is $30.33 million. The firm's AUM has grown by 164% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $27.57 million in discretionary accounts and $2.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $210.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $394.09 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 24% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% 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 Weatherhelm Capital Management LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Weatherhelm Capital Management serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Weatherhelm Capital Management is high net worth individuals with 6 clients and $18.7 million of assets under management. Among the 2 most similar advisory firms, Weatherhelm Capital Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $30.33 million for 65 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.

Weatherhelm Capital Management doesn't advise any private funds.

Careers at Weatherhelm Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 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
J C Kastner	Managing member & cco	1 Dec 2014	75% - 100%	3268079
Family Legacy Partners	Owner	1 Jan 2015	Other	45-4212847
Jason Clark Kastner	Managing member & chief compliance officer	1 Jan 2015	75% - 100%	3268079
Weatherhelm Ltd	Owner	1 Jan 2018	75% - 100%	82-3904097

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jason Clark Kastner	Owner	1 Jan 2018	Other	3268079
Lynn Marie Kastner	Owner	1 Jan 2018	Other	6932074

Based in Cambridge

The principal office where Weatherhelm Capital Management LLC performs its advisory services is located at 5 Washington Street, Cambridge, NY 12816, which is also the mailing address of the firm. An additional office of the firm is in Candia, NH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (518)-407-3886 or by fax (518)-407-3886. The normal business hours are office visits by appointment only on Other. You can find more information about the New York firm at weatherhelm.net.