Capital Gains Inc (Niles)

Name: Capital Gains Inc
Address: 8060 W. Oakton Street, Suite 102, Niles, IL, 60714
Telephone: 847-318-9975

Capital Gains Inc is a large advisory firm based in Niles. It manages $111.62 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Illinois.

Capital Gains provides investment management services for municipal entities, tax exempt municipal police and fire pension funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Gains: assets under management

The assets under management (AUM) of Capital Gains Inc is $111.62 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $111.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.59 million each.

Investments

The firm invests in state and local bonds the most. They account for 43% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 38% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capital Gains 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 Capital Gains serves?

The firm provides services to pension and profit sharing plans and state or municipal government entities. The largest group of clients of Capital Gains is pension and profit sharing plans with 8 clients and $59.61 million of assets under management. Among the 11 most similar advisory firms, Capital Gains has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $111.62 million for 13 clients. None of the firm’s clients are foreign persons or businesses.

Capital Gains doesn't advise any private funds.

Careers at Capital Gains Inc

The company employs 3 people that are either part- or full-time employees. 33 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 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
Gary Karshna	President, treasurer, director	1 Feb 1992	75% - 100%	2729776
Christine Ann Karshna	Secretary and director	1 Feb 1992	Other	4375295
Gary Karshna	Chief compliance officer	1 Oct 2004	75% - 100%	2729776

Based in Niles

The principal office where Capital Gains Inc performs its advisory services is located at 8060 W. Oakton Street, Suite 102, Niles, IL 60714, 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 847-318-9975 or by fax 847-318-9958. The normal business hours are 8:30a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at capitalgainsinc.com.