Spindletop Capital, LLC (Chappaqua)

Spindletop Capital, LLC is a large advisory firm based in Chappaqua. It manages $112.35 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Illinois and New York.

Spindletop Capital provides portfolio management for pooled investment vehicles and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Spindletop Capital: assets under management

The assets under management (AUM) of Spindletop Capital, LLC is $112.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $112.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $56.18 million each.

Spindletop Capital has custody of $133.3 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spindletop Capital, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Spindletop Capital serves?

The only and largest group of clients of Spindletop Capital is pooled investment vehicles with 2 clients and $112.35 million of assets under management. Among the 12 most similar advisory firms, Spindletop Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $112.35 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Spindletop Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.

Careers at Spindletop 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. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
David Edwin Winebrenner	Managing member, chief compliance officer	1 Oct 2004	25% - 50%	6071490
Mark Daniel Curnin	Managing member	1 Oct 2004	50% - 75%	2759922

Based in Chappaqua

The principal office where Spindletop Capital, LLC performs its advisory services is located at 59 S. Greeley Avenue, Chappaqua, NY 10514 The mailing address of the firm is 580 North Western Avenue, Lake Forest, IL 60045. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-238-1457 or by fax 914-238-1458. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday.