Vigilant Capital Management, LLC (Portland)


Vigilant Capital Management, LLC is a large advisory firm based in Portland. It manages $1.09 billion of regulatory assets for 1,005 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, California, Colorado, and 14 other states.

Vigilant Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Vigilant Capital Management: assets under management

The assets under management (AUM) of Vigilant Capital Management, LLC is $1.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2808% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.08 million each.
Vigilant Capital Management has custody of $520.47 million in cash and securities for 117 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vigilant Capital Management, LLC 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 Vigilant Capital Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Vigilant Capital Management is high net worth individuals with 244 clients and $1.01 billion of assets under management. Among the 14 most similar advisory firms, Vigilant Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.08 billion for 328 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.

Vigilant Capital Management doesn't advise any private funds.

Careers at Vigilant Capital Management, LLC

The company employs 23 people that are either part- or full-time employees. 74 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives 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 compensates 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
Llc Vigilant Capital Member 1 Mar 2002 75% - 100% 35-2161119
Daniel Michael Mulkern Founder & principal 1 Mar 2002 Other 2931455
Jeffrey Folsom Carlisle Founder & principal 1 Mar 2002 Other 4358891
Scott David Sorensen Founder & principal 1 Mar 2002 Other 2267587
Laurie Lund Chandler Member 1 Aug 2002 Other 2297816
Lawrence Arthur Blaisdell Chief compliance officer 1 Jul 2012 Other 2592212

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lester Darrell Mayeux Member 1 Mar 2002 Other 4514460
Laurie Lund Chandler Member 1 Sep 2003 Other 2297816

Based in Portland

The principal office where Vigilant Capital Management, LLC performs its advisory services is located at One Monument Square, Portland, ME 04101, which is also the mailing address of the firm. An additional office of the firm is in Portsmouth, NH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 207-523-1110 or by fax 207-523-1115. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at vigilantcap.com.