Degreen Capital Management, LLC (Scottsdale)

Name: Degreen Capital Management, LLC
Address: 4800 N. Scottsdale Rd, Scottsdale, AZ, 85251 7632
Telephone: 480-609-9900

Degreen Capital Management, LLC is a large advisory firm based in Scottsdale. It manages $207.4 million of regulatory assets for 573 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, and Texas.

Degreen Capital Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Degreen Capital Management: assets under management

The assets under management (AUM) of Degreen Capital Management, LLC is $207.4 million. The firm's AUM has grown by 87% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $203.8 million in discretionary accounts and $3.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $371.22 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $150.17 thousand.

Degreen Capital Management has custody of $65.77 million in cash and securities for 113 clients in total but doesn’t act as a qualified custodian.

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 Degreen Capital Management, LLC for their services and products based on a percentage of assets under management 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 Degreen Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Degreen Capital Management is high net worth individuals with 68 clients and $113.24 million of assets under management. Among the 10 most similar advisory firms, Degreen Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $207.4 million for 254 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.

Degreen Capital Management doesn't advise any private funds.

Careers at Degreen Capital Management, LLC

The company employs 4 people that are either part- or full-time employees. 50 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
Keith Paul Degreen	Trustee	1 Aug 1993	Other	1336852
Uta 8/30/1993 Amended And Restated 9/26/2006 The Keith Degreen Sole And Separate Property Trust	Sole member	1 Apr 2008	75% - 100%	xxx-xx-xxxx
Uta 08/30/1993 Amended And Restated 09/26/2006 Keith P. Degreen As Trustee The Keith Degreen Sole And Separate Property Trust	Owner	1 Apr 2008	75% - 100%	xxx-xx-xxxx
Keith Paul Degreen	Chief compliance officer	1 Apr 2008	75% - 100%	1336852
Donald Rodger Ebey	Cco	1 Feb 2012	Other	2271975
Keith Paul Degreen	Chief compliance officer	1 Dec 2017	Other	1336852

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Uta 8/30/1993 Amended And Restated 9/26/2006 Keith P Degreen As Trustee The Keith Degreen Sole And Separate Property Trust	Active	1 Apr 2008	75% - 100%	xxx-xx-xxxx

Based in Scottsdale

The principal office where Degreen Capital Management, LLC performs its advisory services is located at 4800 N. Scottsdale Rd, Scottsdale, AZ 85251 7632, 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 480-609-9900 or by fax 480-609-9904. The normal business hours are 6 am to 3 pm on Monday - Friday. You can find more information about the New York firm at degreen.com.