Azimuth Capital Management LLC (Bloomfield Hills)

Name: Azimuth Capital Management LLC
Address: 200 East Long Lake Road, Bloomfield Hills, MI, 48304
Telephone: 248-433-4000

Azimuth Capital Management LLC is a large advisory firm based in Bloomfield Hills. It manages $2.12 billion of regulatory assets for 1,366 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.

Azimuth Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and see schedule d. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Azimuth Capital Management: assets under management

The assets under management (AUM) of Azimuth Capital Management LLC is $2.12 billion. The firm's AUM has grown by 3405% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.93 billion in discretionary accounts and $192.75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.42 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $24.09 million.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Azimuth Capital Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Azimuth Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Azimuth Capital Management is high net worth individuals with 264 clients and $1.85 billion of assets under management. Among the 13 most similar advisory firms, Azimuth Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.06 billion for 371 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.

Azimuth Capital Management doesn't advise any private funds.

Careers at Azimuth Capital Management LLC

The company employs 21 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 8 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
Inc. Azimuth Capital Advisors	Managing member	1 Jun 2004	75% - 100%	20-1221612
Daniel James Mcenroe	Senior managing director and chief compliance officer; director & principal of managing member	1 Sep 2004	Other	4830069
Ted N Haddad	Senior managing director; director & principal of managing member	1 Sep 2004	Other	1067763
Janet Marie Hewlett	Senior managing director; director & principal of managing member	1 Sep 2004	Other	3038209
Paul Ian Ragheb	Senior managing director; director & principal of managing member	1 Sep 2004	Other	2702215

Based in Bloomfield Hills

The principal office where Azimuth Capital Management LLC performs its advisory services is located at 200 East Long Lake Road, Bloomfield Hills, MI 48304, 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 248-433-4000 or by fax 248-433-4001. The normal business hours are 8:30 am to 5:30 pm eastern time on Monday - Friday. You can find more information about the New York firm at azimuthcap.com and its LinkedIn profile.