Setchfield Associates LLC (Centennial)

Name: Setchfield Associates LLC
Address: 6909 S Holly Circle, Centennial, CO, 80112
Telephone: 303-627-1099

Setchfield Associates LLC is a large advisory firm based in Centennial. It manages $105 million of regulatory assets for 275 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Colorado and Texas.

Setchfield Associates provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Setchfield Associates: assets under management

The assets under management (AUM) of Setchfield Associates LLC is $105 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $85 million in discretionary accounts and $20 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $320.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2 million.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Setchfield Associates 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 Setchfield Associates serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Setchfield Associates is individuals with 250 clients and $75 million of assets under management. Among the 8 most similar advisory firms, Setchfield Associates has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $105 million for 275 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.

Setchfield Associates doesn't advise any private funds.

Careers at Setchfield Associates LLC

The company employs 2 people that are either part- or full-time employees. 50 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.

Setchfield Associates LLC is owned by Steven Terry Setchfield. Cindi Jacobs joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Terry Setchfield	Owner/chief compliance officer	1 Jan 1998	50% - 75%	2270971
Cindi Jacobs	Member	1 Aug 2006	50% - 75%	6707596

Based in Centennial

The principal office where Setchfield Associates LLC performs its advisory services is located at 6909 S Holly Circle, Centennial, CO 80112, 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 303-627-1099 or by fax 720-941-5804. The normal business hours are 7:30-2:00 on Monday - Friday. You can find more information about the New York firm at setchfieldassociates.com.