Culver Investment Company, LLC (Broomfield)

Name: Culver Investment Company, LLC
Address: 360 Interlocken Blvd., Broomfield, CO, 80021 3490
Telephone: 303-442-3670

Culver Investment Company, LLC is a large advisory firm based in Broomfield. It manages $90.55 million of regulatory assets for 104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado and Texas.

Culver Investment Company provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and consulting. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Culver Investment Company: assets under management

The assets under management (AUM) of Culver Investment Company, LLC is $90.55 million. The firm's AUM has grown by 220% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $62.16 million in discretionary accounts and $28.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $748.97 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.35 million.

Investments

The firm invests in investment and business development companies the most. They account for 43% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Culver Investment Company, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Culver Investment Company serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Culver Investment Company is pension and profit sharing plans with 31 clients and $39.66 million of assets under management. Among the 11 most similar advisory firms, Culver Investment Company has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $86.96 million for 105 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.

Culver Investment Company doesn't advise any private funds.

Careers at Culver Investment Company, LLC

The company employs 5 people that are either part- or full-time employees. 80 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Patrick Culver	Managing member & chief compliance officer	1 Jan 1997	75% - 100%	1844054
Trent David Culver	Member	1 Jan 1997	Other	2403717
Donald Eugene Culver	Member	1 Jan 1997	Other	58497
Mark P. Culver Irrevocable Trust	Owner	1 Jan 1998	75% - 100%	84-6325703
Mark P. Culver Irrevocable Trust	Owner	1 Jan 1999	25% - 50%	84-6325703
Trent D. Culver Irrevocable Trust	Owner	1 Jan 1999	25% - 50%	84-6325702
Donald Eugene Culver	Member	1 Jan 2006	Other	58497

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mark P Culver Irrevocable Trust	Active	1 Jan 1998	75% - 100%	84-6325703
Donald Eugene Culver	Trustee	1 Jan 1998	Other	58497

Based in Broomfield

The principal office where Culver Investment Company, LLC performs its advisory services is located at 360 Interlocken Blvd., Broomfield, CO 80021 3490, 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 303-442-3670 or by fax 303-442-1749. The normal business hours are 8:00am-5:00pm mst on Monday - Friday. You can find more information about the New York firm at culverinvestment.com.