Grace Capital Management, LLC is a large advisory firm based in Austin. It manages $136.72 million of regulatory assets for 305 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Illinois, Indiana, and Texas.
Grace 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 doesn't engage in other business activities.
The assets under management (AUM) of Grace Capital Management, LLC is $136.72 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Grace Capital Management, LLC for their services and products based on a percentage of assets under management, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Grace Capital Management is high net worth individuals with 97 clients and $112.39 million of assets under management. Among the 10 most similar advisory firms, Grace Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $136.67 million for 274 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.
Grace Capital Management doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Grace Capital Management, LLC performs its advisory services is located at 11651 Jollyville Road, Austin, TX 78759, which is also the mailing address of the firm. An additional office of the firm is in Merrillville, IN. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 512-485-1800 or by fax 512-485-1801. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at grace-cap.com.