Concise Capital Management, L.P

CRD#145778
Investment Advisor Firm

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Learn more about Concise Capital Management, L.P

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Concise Capital Management, L.P operates as an advisory firm based in Miami, Florida. Concise Capital Management, L.P oversees $465.4 million in assets throughout nine client accounts, making it one of the bigger firms in the country by assets under management (AUM). It has a small team, including 5 financial advisors. Concise Capital Management, L.P is not a registered broker-dealer, meaning the advisor cannot buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are defined as tradable fiscal investments like options, equities and bonds.

    Concise Capital Management, L.P oversees all of the company's client assets in a discretionary manner. Discretionary management signifies that a portfolio manager has the discretion to make buy and sell choices without requiring the customer's permission. Concise Capital Management, L.P's typical account size is $51.7 million. The typical advisor at Concise Capital Management, L.P oversees around two client accounts, placing it among the most individualized firms in the country.

    Concise Capital Management, L.P's headquarters is located at 1111 Brickell Avenue, Miami, Florida 33131. Concise Capital Management, L.P is legally permitted to serve investors in the state of Florida.

    Assets Under Management

    $465.4 million

    Number of Advisors

    5

    Disclosures

    No

    Office Location

    1111 Brickell Avenue
    Miami, FL 33131

    Concise Capital Management, L.P by the Numbers

    Total Assets Under Management

    $465.4 million

    National Average: $8.6 billion
    Total Number of Employees

    10

    National Average: 64
    Total Number of Accounts

    9

    National Average: 375,227
    Average Account Size

    $51.7 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advice typically vary depending on the type of financial services provided. However, fee types billed by the company can be comprised of any blend of the following fee structures: asset-based or performance-based. Concise Capital Management, L.P does not participate in a wrap fee program, in which the company offers a service bundle for a single fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show 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

      Performance-based

      Show Explanation

      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.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      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

      Commissions

      Show Explanation

      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

      Subscription

      Show Explanation

      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

      Show Explanation

      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

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Back to Overview

    Types of Clients

    It caters to pooled investment vehicles. Out of its nine accounts, Concise Capital Management, L.P's biggest client group is pooled investment vehicles. About 56% of the firm's accounts are represented by non-U.S. persons.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • 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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    Disclosures

    Concise Capital Management, L.P does not have any disclosures.

    Please visit its Form ADV for more details.

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