Billings Capital Management LLC (Arlington)

Name: Billings Capital Management LLC
Address: 1001 Nineteenth Street North, Arlington, VA, 22209
Telephone: 703-962-1871

Billings Capital Management LLC is a large advisory firm based in Arlington. It manages $119.2 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Florida, Idaho, and 5 other states.

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

Billings Capital Management: assets under management

The assets under management (AUM) of Billings Capital Management LLC is $119.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 125% since the beginning of its operation, and $8.22 million of the total AUM is attributable to clients outside of the United States.

The firm manages $119.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $29.8 million each.

Billings Capital Management has custody of $92.07 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Billings Capital Management LLC for their services and products based on a percentage of assets under management and performance-based 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 Billings Capital Management serves?

The firm provides services to investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Billings Capital Management is pooled investment vehicles with 2 clients and $92.07 million of assets under management. Among the 10 most similar advisory firms, Billings Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $117.25 million for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Billings Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Billings Capital Management LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No 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 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
Billings Pownall Eric	Managing member	1 Feb 2008	25% - 50%	6071277
Thomas Pownall Billings	Managing member	1 Feb 2008	25% - 50%	4942141
Scott Pownall Billings	Managing member	1 Feb 2008	25% - 50%	4942247
Billings P Eric	Managing partner	1 Feb 2008	25% - 50%	6071277
Scott P Billings	Managing partner	1 Feb 2008	25% - 50%	4942247
Eric Francis Billings	Managing member	1 Jan 2009	25% - 50%	1050612
Andreas Saviolakis	Chief compliance officer/director of finance	1 Jan 2011	Other	6071278

Based in Arlington

The principal office where Billings Capital Management LLC performs its advisory services is located at 1001 Nineteenth Street North, Arlington, VA 22209, 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 703-962-1871 or by fax 703-373-0680. The normal business hours are 8:00am - 7:00pm on Monday - Friday. You can find more information about the New York firm at billingscap.com.