Antonetti Capital Management, LLC (Naples)

Name: Antonetti Capital Management, LLC
Address: 3200 Bailey Lane, Naples, FL, 34105
Telephone: 239-403-0218

Antonetti Capital Management, LLC is a large advisory firm based in Naples. It manages $99.42 million of regulatory assets for 300 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Florida, Louisiana, Michigan, and 5 other states.

Antonetti Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Antonetti Capital Management: assets under management

The assets under management (AUM) of Antonetti Capital Management, LLC is $99.42 million. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $80.06 million in discretionary accounts and $19.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $307.92 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $483.98 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Antonetti Capital Management, LLC 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 Antonetti Capital Management serves?

The firm provides services to individuals and corporations or other businesses. The largest group of clients of Antonetti Capital Management is individuals with 155 clients and $97.38 million of assets under management. Among the 7 most similar advisory firms, Antonetti Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $99.42 million for 159 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.

Antonetti Capital Management doesn't advise any private funds.

Careers at Antonetti Capital Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pasquale (Nmn) Antonetti	Managing member/chief compliance officer	1 Jan 2010	75% - 100%	2338442
Pat Antonetti	Managing member/chief compliance officer	1 Jan 2010	75% - 100%	2338442
The Halstatt Partnership	Managing member	1 Feb 2012	25% - 50%	65-0022259
Llc Halstatt	Managing member	1 Oct 2012	25% - 50%	65-0022259

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Edith Collier Sproul Trust	Partner	1 Jan 1988	75% - 100%	59-6255065
Patrick Robert George	Trustee	1 Sep 2012	Other	2381328
Barron G. Collier	Trustee	1 Sep 2012	Other	6170631
Andrew Meulenberg	Trustee	1 Sep 2012	Other	6170635
Patrick Robert George	Trustee	1 Dec 2012	Other	2381328
Juliet C. Sproul Family Inheritance Trust	Managing member	1 Dec 2012	50% - 75%	59-6625798
Sproul Family Dynasty Trust	Managing member	1 Dec 2012	25% - 50%	46-6409885

Based in Naples

The principal office where Antonetti Capital Management, LLC performs its advisory services is located at 3200 Bailey Lane, Naples, FL 34105, which is also the mailing address of the firm. An additional office of the firm is in St. Petersburg, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 239-403-0218 or by fax 239-403-0164. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at antonetticapital.com.