Joslin Capital Advisors LLC (Bellevue)

Name: Joslin Capital Advisors LLC
Address: 411 108 Th Ave Ne, Bellevue, WA, 98004
Telephone: (425) 688-0555

Joslin Capital Advisors LLC is a large advisory firm based in Bellevue. It manages $297.76 million of regulatory assets for 532 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, Illinois, Oregon, Texas, and Washington.

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

Joslin Capital Advisors: assets under management

The assets under management (AUM) of Joslin Capital Advisors LLC is $297.76 million. 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 $188.42 million in discretionary accounts and $109.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $572.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $538.64 thousand.

Joslin Capital Advisors has custody of $107.41 million in cash and securities for 102 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 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in exchange traded securities form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Joslin Capital Advisors 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 Joslin Capital 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 Joslin Capital Advisors is high net worth individuals with 88 clients and $235.09 million of assets under management. Among the 10 most similar advisory firms, Joslin Capital Advisors has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $297.76 million for 195 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.

Joslin Capital Advisors doesn't advise any private funds.

Careers at Joslin Capital Advisors LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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
Michael Doyle Joslin	Member and investment advisor representative	1 Mar 2017	75% - 100%	1582395
Eric James Land	Chief compliance officer	1 Mar 2017	Other	4792141
Tarek Alan Mcalee	Chief compliance officer	1 Jun 2017	Other	3039435

Based in Bellevue

The principal office where Joslin Capital Advisors LLC performs its advisory services is located at 411 108 Th Ave Ne, Bellevue, WA 98004, 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 (425) 688-0555 or by fax (425) 688-0556. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at joslincapital.com.