Stellar Capital Management LLC (Phoenix)


Stellar Capital Management LLC is a large advisory firm based in Phoenix. It manages $342.47 million of regulatory assets for 523 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, and Texas.

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

Stellar Capital Management: assets under management

The assets under management (AUM) of Stellar Capital Management LLC is $342.47 million. The firm's AUM has grown by 260% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $341.24 million in discretionary accounts and $1.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $656.23 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $411.51 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stellar Capital Management LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Stellar Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Stellar Capital Management is high net worth individuals with 75 clients and $153.86 million of assets under management. Among the 7 most similar advisory firms, Stellar Capital Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $342.47 million for 219 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.

Stellar Capital Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Stellar Capital Management LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 6 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
Stephen John Taddei Aka Taddie Managing member/co-ttee of taddie family trust 1 Jul 2000 Other 1358566
Stephen John Taddie Managing member 1 Jul 2000 50% - 75% 1358566
Richard David Stern Managing member 1 Jul 2000 50% - 75% 2659735
Richard Stern Managing member 1 Jul 2001 50% - 75% 2659735
Sheryl L Rayner Vice president 1 Nov 2004 Other 5740274
John Eldon Reimer Director of research 1 Sep 2009 Other 2066520
Sheryl L Rayner Vice president/chief compliance officer 1 Mar 2011 Other 5740274
Taddie Family Trust U/A/D 04/12/2011 Owner 1 Dec 2011 75% - 100% xxx-xx-xxxx
Kathleen A Taddie Co-trustee of taddie family trust 1 Dec 2011 Other 6049380

Based in Phoenix

The principal office where Stellar Capital Management LLC performs its advisory services is located at 2200 East Camelback Road, Phoenix, AZ 85016, 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 602-778-0307 or by fax 602-277-4572. The normal business hours are 8:00 am - 4 pm on Monday - Friday. You can find more information about the New York firm at stellarmgt.com.