Winston Capital Management LLC (Arlington)

Name: Winston Capital Management LLC
Address: 3030 Clarendon Boulevard, Arlington, VA, 22201
Telephone: 703-905-9555

Winston Capital Management LLC is a large advisory firm based in Arlington. It manages $1.18 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Virginia.

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

Winston Capital Management: assets under management

The assets under management (AUM) of Winston Capital Management LLC is $1.18 billion. The firm's AUM has grown by 340% since the beginning of its operation, and $4.31 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.17 billion in discretionary accounts and $2.37 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $130.3 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.37 million.

Winston Capital Management has custody of $1.09 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Winston Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Marvin Pierce Bush serves?

The firm provides services to insurance companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Marvin Pierce Bush is pooled investment vehicles with 8 clients and $1.09 billion of assets under management. Among the 9 most similar advisory firms, Winston Capital Management has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.18 billion for 10 clients. 30% of the firm’s clients are foreign persons or businesses.

Winston Capital Management also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Winston Capital Management LLC

The company employs 13 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No 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.

Marvin Pierce Bush has been acting as President since 1 Jan 1997. William Otto Birchfield joined the executive team most recently as the Chief Financial Officer/Chief Operating Officer/Chief Compliance Officer/Treasurer/Secretary/Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marvin Pierce Bush	President/director	1 Jan 1997	Other	1004463
Winston Partners Group Llc	Sole member	1 Jan 1997	75% - 100%	54-1682598
Allen Scott Andrews	Treasurer	1 Jan 1997	50% - 75%	2575816
Sandra Lee Richmond	Secretary	1 Jan 1997	Other	4368690
Winston Partners Group Lp	Sole member	1 Jan 1997	75% - 100%	54-1682598
Jonathan David Scanlon	Director/vice-president	1 Apr 2002	Other	4649546
Jennifer Rose Commander	Chief financial officer	1 Jun 2003	Other	4768096
Ann S Williams	Director of operations and chief compliance officer	1 Jan 2004	Other	5119802
William Otto Birchfield	Chief financial officer/chief operating officer/chief compliance officer/treasurer/secretary/director	1 Mar 2010	Other	5720078

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Marvin Pierce Bush	Chairman and president	1 Sep 1996	Other	1004463
L.L.C. Mpb Holdings	Member; class a	1 Jan 1997	50% - 75%	54-1810716
Inc. Mpbush	Member	1 Jan 1997	75% - 100%	54-1688444
Llc Andrews Bush Holdings	General partner	1 Jan 1997	Other	54-1810716
Inc. Andrews Bush	Managing member	1 Jan 1997	75% - 100%	54-1688444
Jennifer Rose Commander	Secretary	1 Dec 2007	Other	4768096
William Otto Birchfield	Secretary and treasurer	1 Sep 2009	Other	5720078

Based in Arlington

The principal office where Winston Capital Management LLC performs its advisory services is located at 3030 Clarendon Boulevard, Arlington, VA 22201, 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 703-905-9555 or by fax 703-905-9019. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at winstonpartners.com.