Peavine Capital, LLC (Reno)

Name: Peavine Capital, LLC
Address: 4790 Caughlin Parkway #780, Reno, NV, 89519
Telephone: (775) 337-3900

Peavine Capital, LLC is a large advisory firm based in Reno. It manages $528 million of regulatory assets for 181 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Nevada.

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

Peavine Capital: assets under management

The assets under management (AUM) of Peavine Capital, LLC is $528 million. The firm's AUM has grown by 76% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $311 million in discretionary accounts and $217 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.73 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $217 million.

Peavine Capital has custody of $208 million in cash and securities for 37 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 33% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Peavine 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 Peavine Capital serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Peavine Capital is corporations or other businesses with 7 clients and $158 million of assets under management. Among the 11 most similar advisory firms, Peavine Capital has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $306 million for 45 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.

Peavine Capital doesn't advise any private funds.

Careers at Peavine Capital, 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
Kenneth Bruce Lambert	Managing member & chief compliance officer	1 Feb 2012	75% - 100%	2531553
Jennifer Pauline Lambert	Managing member	1 Jan 2014	25% - 50%	5116977

Based in Reno

The principal office where Peavine Capital, LLC performs its advisory services is located at 4790 Caughlin Parkway #780, Reno, NV 89519 The mailing address of the firm is 4790 Caughlin Parkway #780, Reno, NV 89519. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (775) 337-3900. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at peavinecapital.com.