Capital Performance Advisors LLP (Walnut Creek)


Capital Performance Advisors LLP is a large advisory firm based in Walnut Creek. It manages $965.99 million of regulatory assets for 2,381 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

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

Capital Performance Advisors: assets under management

The assets under management (AUM) of Capital Performance Advisors LLP is $965.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 58% since the beginning of its operation, and $6.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $965.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $405.71 thousand each.
Capital Performance Advisors has custody of $65.13 million in cash and securities for 80 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 83% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Performance Advisors LLP for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Capital Performance Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Capital Performance Advisors is high net worth individuals with 220 clients and $568.3 million of assets under management. Among the 11 most similar advisory firms, Capital Performance Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $965.99 million for 923 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Capital Performance Advisors doesn't advise any private funds.

Careers at Capital Performance Advisors LLP

The company employs 14 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 9 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
Joseph Eugene Kalinowski Partner 1 Feb 2004 Other 4371318
Steven Erwin Leininger Partner 1 Feb 2004 Other 1041102
Barry Wilson Oliver Partner 1 Feb 2004 Other 4371320
Brent Pratt Thomas Partner 1 Feb 2004 Other 4371322
Jay W Wirig Partner 1 Feb 2004 Other 1576626
Sherman Leroy Doll Managing partner 1 Feb 2004 Other 4371317
John Haden Werhan Partner 1 Jul 2007 Other 4371323
Jay Paul Wirig Partner 1 Jul 2007 Other 5007073
Jared Mark Nelson Partner, chief compliance officer 1 Jan 2013 Other 5488344
David Kristian Harlow Partner 1 Jan 2013 Other 5057342
Carson Knudsen Henderson Partner 1 Jul 2017 Other 5865085

Based in Walnut Creek

The principal office where Capital Performance Advisors LLP performs its advisory services is located at 165 Lennon Lane, Walnut Creek, CA 94598 The mailing address of the firm is P.O. Box 30307, Walnut Creek, CA 94598. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 925.938.5188 or by fax 925.945.8371. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at twdadvisors.com.