Matrix Private Capital Group

CRD#285531
Investment Advisor Firm

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Learn more about Matrix Private Capital Group

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Matrix Private Capital Group operates as a financial advisor firm headquartered in New York, New York. It controls $515.8 million in assets throughout 1,006 accounts, placing it among the bigger investment advisory firms in the nation by assets under management (AUM). The firm has a small team, including 10 financial advisors. Matrix Private Capital Group is not a registered broker-dealer, meaning the company is not able to buy and sell securities for its clients' and own accounts and instead has to go through a broker-dealer company to do so. Securities are exchangable fiscal investments such as bonds, options and equities.

    Matrix Private Capital Group administers all of the firm's accounts on a discretionary basis. Discretionary management signifies that transaction judgments are made by a portfolio manager without requiring the client's approval. The company supervises an average of $512,697 in assets for every client account. The average advisor at Matrix Private Capital Group oversees around 101 client accounts.

    Matrix Private Capital Group's central office is located at 400 Park Ave, New York, New York 10022. The company is legally permitted to provide services to investors throughout 11 U.S. states and territories.

    Assets Under Management

    $515.8 million

    Number of Advisors

    10

    Disclosures

    No

    Office Location

    400 Park Ave
    New York, NY 10022

    Matrix Private Capital Group by the Numbers

    Total Assets Under Management

    $515.8 million

    National Average: $8.6 billion
    Total Number of Employees

    14

    National Average: 64
    Total Number of Accounts

    1,006

    National Average: 375,227
    Average Account Size

    $512.7 thousand

    National Average: $23.0 thousand
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    Products and Services

    Matrix Private Capital Group offers multiple financial services, including portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services and selection of other advisers. The firm is not engaged in selling products or offering services aside from investment advisory services to its investment advisory customers.

    Core Advisor Services

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      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

      Portfolio Management

      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.

    Other Services

    • 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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      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Financial advisory fees largely are based on which service is provided. However, fee types billed by the company likely include the following fee types: asset-based, fixed or performance-based. The firm does not provide a wrap fee program, in which the firm offers a bundle of services for a comprehensive 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.

    • Offered by 32% of firms

      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.

    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 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.

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    Types of Clients

    It caters to retail investors, high net worth investors, pooled investment vehicles and corporations. Out of its 1,006 customers, Matrix Private Capital Group's biggest client is high net worth investors, but it also manages money for 123 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). Just 1% of the company's accounts are represented by non-U.S. persons.

    • High-Net-Worth Individuals* - 64.06%
    • Other Individuals - 30.21%
    • Corporations - 5.73%
    • 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

    Matrix Private Capital Group does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Matrix Private Capital Group

    Ing Chea Ang
    New York, NY
    Scott Weissman
    Park City, UT
    Thomas Bruce
    Chicago, IL
    Laura Peysakhov
    New York, NY
    Marisa Camp
    Chicago, IL
    Lance Bryan
    Los Angeles, CA

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