Profitscore Capital Management, Inc. (Eagle)

Name: Profitscore Capital Management, Inc.
Address: 1028 S Bridgeway Pl, Eagle, ID, 83616
Telephone: 208-472-8849

Profitscore Capital Management, Inc. is a large advisory firm based in Eagle. It manages $304.2 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Idaho and Kentucky.

Profitscore Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and index licensing. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Profitscore Capital Management: assets under management

The assets under management (AUM) of Profitscore Capital Management, Inc. is $304.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1064% since the beginning of its operation, and $400 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $304.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.68 million each.

Investments

The firm invests in investment and business development companies the most. They account for 73% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in derivatives form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Profitscore Capital Management, Inc. for their services and products based on a percentage of assets under management. 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 John M. Mcclure serves?

The firm provides services to individuals and investment companies. The largest group of clients of John M. Mcclure is investment companies with 2 clients and $20.3 million of assets under management. Among the 8 most similar advisory firms, Profitscore Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $24.1 million for 19 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Profitscore Capital Management doesn't advise any private funds.

Careers at Profitscore Capital Management, Inc.

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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.

John M. Mcclure has been acting as President since 1 Sep 1998. Michael M Mann joined the executive team most recently as the Chief Compliance Officer And Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John M. Mcclure	President/owner/chief compliance officer	1 Sep 1998	75% - 100%	4519008
Michael M Mann	Chief compliance officer and chief operating officer	1 Apr 2017	Other	6778080

Based in Eagle

The principal office where Profitscore Capital Management, Inc. performs its advisory services is located at 1028 S Bridgeway Pl, Eagle, ID 83616, 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 208-472-8849 or by fax 208-248-2228. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at profitscore.com.