Core Capital Solutions LLC (Naperville)

Name: Core Capital Solutions LLC
Address: 40 Shuman Boulevard, Naperville, IL, 60563 8465
Telephone: 630-753-9900

Core Capital Solutions LLC is a large advisory firm based in Naperville. It manages $115.11 million of regulatory assets for 53 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.

Core Capital Solutions provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Core Capital Solutions: assets under management

The assets under management (AUM) of Core Capital Solutions LLC is $115.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $115.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.17 million each.

Investments

The firm invests in investment and business development companies the most. They account for 74% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Core Capital Solutions is pension and profit sharing plans with 7 clients and $59.61 million of assets under management. Among the 6 most similar advisory firms, Core Capital Solutions has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $115.11 million for 55 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.

Core Capital Solutions doesn't advise any private funds.

Careers at Core Capital Solutions 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
David Michael Fluett	Chief compliance officer, managing member	1 Sep 2001	75% - 100%	823638

Based in Naperville

The principal office where Core Capital Solutions LLC performs its advisory services is located at 40 Shuman Boulevard, Naperville, IL 60563 8465, 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 630-753-9900 or by fax 914-662-5178. The normal business hours are 8:00am - 3:00pm on Monday - Friday. You can find more information about the New York firm at corecapitalsolutions.com.