Triumph Capital Management (Denver)


Triumph Capital Management is a large advisory firm based in Denver. It manages $299.94 million of regulatory assets for 2,906 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Colorado, and 15 other states.

Triumph Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as fixed/health insurance, general securities.

Triumph Capital Management: assets under management

The assets under management (AUM) of Triumph Capital Management is $299.94 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 115% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $299.94 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $103.21 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 20% of the firm’s portfolio. Investments in investment and business development companies form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Triumph Capital Management for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Derek Nathan Eichenwald serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Derek Nathan Eichenwald is high net worth individuals with 113 clients and $183.5 million of assets under management. Among the 6 most similar advisory firms, Triumph Capital Management has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $299.31 million for 1,871 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.

Triumph Capital Management doesn't advise any private funds.

Careers at Triumph Capital Management

The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives 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.

Derek Nathan Eichenwald has been acting as President since 1 Jan 2016. Brandon Carl Drespling joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Derek Nathan Eichenwald President 1 Jan 2016 75% - 100% 4613771
Brandon Carl Drespling Chief compliance officer 1 Jan 2016 Other 6034259

Based in Denver

The principal office where Triumph Capital Management performs its advisory services is located at 1610 Wynkoop Street, Suite 550, Denver, CO 80202, which is also the mailing address of the firm. An additional office of the firm is in Canon City, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 720-399-5555 or by fax 720-399-5560. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at triumphcapitalmanagement.com and its LinkedIn profile.