Seizert Capital Partners, LLC (Birmingham)


Seizert Capital Partners, LLC is a large advisory firm based in Birmingham. It manages $2.36 billion of regulatory assets for 458 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, California, Colorado, and 15 other states.

Seizert Capital Partners provides portfolio management for individuals and small businesses, 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.

Seizert Capital Partners: assets under management

The assets under management (AUM) of Seizert Capital Partners, LLC is $2.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 396% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.15 million each.
Seizert Capital Partners has custody of $35.34 million in cash and securities for 37 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in other assets form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Seizert Capital Partners, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Paul Richard Greenwood serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Paul Richard Greenwood is state or municipal government entities with 42 clients and $1.36 billion of assets under management. Among the 11 most similar advisory firms, Seizert Capital Partners has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $2.36 billion for 307 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.

Seizert Capital Partners doesn't advise any private funds.

Careers at Seizert Capital Partners, LLC

The company employs 17 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Paul Richard Greenwood has been acting as President since 1 Nov 2014. Llc Northern Lights Midco Ii joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Gerald Lee Seizert Member, director and managing partner 1 Sep 2000 Other 2107061
Edward Oscar Eberle Member, director and portfolio manager 1 Jan 2002 Other 4367919
Charles Joseph Schmidt Member and chief operations officer 1 Jan 2002 Other 4367929
Gregory Allen Kozlowski Chief operating officer 1 Jan 2004 Other 2472807
David J Collon Member and portfolio manager 1 Jan 2009 Other 2838698
Llc Northern Lights Capital Partners Member 1 Jan 2009 Other 20-5650492
Thomas Beardsley Bender Member 1 Jan 2009 Other 17904
Llc Northern Lights Capital Group Member 1 Jan 2010 Other 20-4911701
Cheryl Ann Kotlarz Chief compliance officer 1 Apr 2011 Other 2166687
Thomas Patrick Kenny Member and portfolio manager 1 Sep 2012 Other 2735843
Andrew Martin Jones Member and portfolio manager 1 Jan 2014 Other 5582716
Llc Northern Lights Midco Member 1 Jul 2014 50% - 75% 47-1407415
Paul Richard Greenwood Director 1 Nov 2014 Other 4982347
Timothy Jacob Carver Director 1 Nov 2014 Other 2638120
Trent Erickson Director 1 Mar 2016 Other 6315273
Llc Northern Lights Midco Ii Member 1 Dec 2016 50% - 75% 81-4616701

Indirect Owners

The SEC currently registers 15 indirect owners.

Name Entity Date acquired Ownership Employer ID
Laird Norton Company Member 1 Aug 2006 50% - 75% 91-2027437
Llc Laird Norton Company Member 1 Aug 2006 75% - 100% 91-2027437
Llc Lnc Investment Co Member 1 Jan 2007 25% - 50% 20-5433626
Laird Norton Company Shareholder 1 Dec 2007 75% - 100% 91-2027437
Inc. White Pine Member 1 Dec 2007 25% - 50% 26-1630532
Llc Laird Norton Company Shareholder 1 Dec 2007 75% - 100% 91-2027437
Inc. Bnp Paribas Asset Management Member 1 Mar 2009 25% - 50% 36-2754816
Llc Northern Lights Capital Partners Member 1 Jan 2010 75% - 100% 20-5650492
Lnc Investment Company Member 1 May 2010 25% - 50% 20-5433626
Llc Northern Lights Capital Partners Unitholder 1 Nov 2014 25% - 50% 20-5650492
Aurora Trust Member 1 Nov 2014 75% - 100% none
Treasury Group Limited Unitholder 1 Nov 2014 50% - 75% abn 39 006 708 792
Aurora Investment Management Pty Limited Trustee 1 Nov 2014 Other acn 600 880 939
Pacific Current Group Unitholder 1 Nov 2014 50% - 75% abn 39 006 708 792
Northern Lights Midco Llc Unitholder 1 Dec 2016 75% - 100% 47-1407415

Based in Birmingham

The principal office where Seizert Capital Partners, LLC performs its advisory services is located at 34100 Woodward Avenue, Birmingham, MI 48009 0961, which is also the mailing address of the firm. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-593-1500 or by fax 248-203-1225. The normal business hours are 8:30 a.m to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at seizertcapital.com.