Ljcooper Capital Management, LLC (Orem)

Name: Ljcooper Capital Management, LLC
Address: 742 N 530 E, Orem, UT, 84097
Telephone: 801-221-2939

Ljcooper Capital Management, LLC is a large advisory firm based in Orem. It manages $249.52 million of regulatory assets for 2,003 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.

Ljcooper Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for approximately 900 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ljcooper Capital Management: assets under management

The assets under management (AUM) of Ljcooper Capital Management, LLC is $249.52 million. The firm's AUM has grown by 108% since the beginning of its operation, and $498.93 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $248.08 million in discretionary accounts and $1.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $125.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $55.43 thousand.

Ljcooper Capital Management has custody of $55.07 million in cash and securities for 234 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is exchange traded securities, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ljcooper Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ljcooper Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Ljcooper Capital Management is high net worth individuals with 85 clients and $130.1 million of assets under management. Among the 12 most similar advisory firms, Ljcooper Capital Management has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $249.52 million for 905 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Ljcooper Capital Management doesn't advise any private funds.

Careers at Ljcooper Capital Management, LLC

The company employs 19 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 19 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Adam Nathan Taylor has served as the Chief Investment Officer since 1 Jul 2000. Craig M Rollins joined the executive team most recently as the Partner / Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Kirkpatrick Whipple	Partner	1 Jul 2000	25% - 50%	2829688
Adam Nathan Taylor	Chief investment officer	1 Jul 2000	25% - 50%	2756299
Craig M Rollins	Managing director	1 Jul 2000	Other	1896698
Kenneth G. Bown	Partner	1 Jun 2004	25% - 50%	4773996
Craig M Rollins	Partner / chief compliance officer	1 Apr 2009	25% - 50%	1896698

Based in Orem

The principal office where Ljcooper Capital Management, LLC performs its advisory services is located at 742 N 530 E, Orem, UT 84097, 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 801-221-2939 or by fax 801-221-4654. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at ljcooper.com.