Seldon Capital Lp
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Learn more about Seldon Capital Lp
Seldon Capital Lp operates as a financial advisor company that has its headquarters in San Francisco, California. Seldon Capital Lp controls $400.2 million in assets under management across six client accounts, making it one of the bigger firms in the nation by assets under management (AUM). The company has a small group, including 3 financial advisors. Seldon Capital Lp is not a registered broker-dealer, meaning the company is not able to buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer firm to do so. Securities are tradable financial investments such as options, equities and bonds.
Seldon Capital Lp oversees all of its accounts in a discretionary manner. Discretionary management is a structure in which an investment advisor has the discretion to make transaction decisions without needing client approval. The firm oversees about $66.7 million in assets for every client account. An average financial advisor at Seldon Capital Lp oversees around two client accounts, placing it among the most individualized firms in the country.
Seldon Capital Lp's headquarters is located at 345 California Street, San Francisco, California 94104. The firm is permitted to provide services to customers in the state of California.
Assets Under Management
Number of Advisors
Seldon Capital Lp by the Numbers
Products and Services
Seldon Capital Lp provides multiple services, which can include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients and selection of other advisers. Notably, the company did not provide financial planning services to any of its clients in the prior financial year. The firm does not sell products or offer services apart from investment advice to its investment advisory customers.
Core Advisor Services
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
Offered by 46% of firms
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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This is the hosting of seminars or workshops to educate investors on financial concepts.
Fees charged by financial advisors are based on the type of financial services offered. Fees billed by Seldon Capital Lp likely consist of some blend of the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Offered by 69% of firms
Percentage of AssetsShow Explanation
This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.
Offered by 26% of firms
Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.
Find one of the 21% of firms that offer this fee type
Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.
Find one of the 1% of firms that offer this fee type
Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.
Find one of the 0% of firms that offer this fee type
Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.
Find one of the 32% of firms that offer this fee type
Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.
Find one of the 10% of firms that offer this fee type
Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.
Types of Clients
The company works with high net worth investors and pooled investment vehicles. Out of its six accounts, Seldon Capital Lp's biggest client type by number of accounts is pooled investment vehicles, though it also manages money for three high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). About 33% of its clients are represented by non-U.S. persons.
- High-Net-Worth Individuals* - 50%
- Other Individuals - 0%
- Corporations - 50%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Seldon Capital Lp does not have any disclosures.
Please visit its Form ADV for more details.
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