Precocity Capital LP (Stamford)

Name: Precocity Capital LP
Address: One Station Place, Stamford, CT, 06902
Telephone: 203-252-5515

Precocity Capital LP is a large advisory firm based in Stamford. It manages $1.04 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Connecticut.

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

Precocity Capital: assets under management

The assets under management (AUM) of Precocity Capital LP is $1.04 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 76% since the beginning of its operation, and $984.91 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.04 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $259.75 million each.

Investments

The firm invests in exchange traded securities 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 Precocity Capital LP 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 Precocity Capital serves?

The only and largest group of clients of Precocity Capital is pooled investment vehicles with 3 clients and $984.91 million of assets under management. Among the 9 most similar advisory firms, Precocity Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $984.91 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Precocity Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Precocity Capital LP

The company employs 12 people that are either part- or full-time employees. 58 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Precocity Capital Gp Llc	General partner	1 Sep 2015	Other	47-5288869
Nicholas William Tiller	Limited partner, managing partner	1 Sep 2015	75% - 100%	2195398
Leslie Sandra Eisen	Chief operating officer	1 Oct 2015	Other	3013451
Michael John O'brien	Chief financial officer, chief compliance officer	1 Nov 2015	Other	6020982

Based in Stamford

The principal office where Precocity Capital LP performs its advisory services is located at One Station Place, Stamford, CT 06902, 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 203-252-5515 or by fax 203-252-5501. The normal business hours are 8:00am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at precocity.com.