Passive Capital Management, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Passive Capital Management, LLC
Overview
Passive Capital Management, LLC is a financial advisor firm that has its headquarters in Syracuse, New York. The firm manages $794.7 million in assets under management over 727 client accounts, placing it among the bigger financial advisory firms in the country by assets under management (AUM). The firm has a small group, including 6 financial advisors. Passive Capital Management, LLC does not act as a registered broker-dealer, signifying that the firm cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer firm to do so. Securities are exchangable financial investments such as bonds, stocks and options.
Passive Capital Management, LLC manages 725 of the company's accounts in a discretionary manner. Discretionary management signifies that an investment advisor has the discretion to make buy and sell judgments without needing the client's approval. Passive Capital Management, LLC also has two non-discretionary accounts totaling $9.3 million in AUM. The investment advisory firm oversees about $1.1 million in assets for every client account. An average financial advisor at Passive Capital Management, LLC oversees about 121 client accounts.
The firm's central office is at Salina Place, 205 S. Salina Street, Syracuse, New York 13202. The company is permitted to serve clients across 11 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Passive Capital Management, LLC by the Numbers
$794.7 million
6
727
$1.1 million
Fee Structure
Financial advisory fees largely are based on which service is provided. Fees billed by the company typically consist of the following fee type: asset-based. Passive Capital Management, LLC does not participate in a wrap fee program, in which the company offers a service bundle for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
Passive Capital Management, LLC provides services to retail investors, high net worth investors, charitable organizations and corporations. Out of its 727 customers, Passive Capital Management, LLC's biggest client group is retail investors, although it also serves 104 high-net-worth individuals. A high-net-worth individual is defined by the SEC as someone who has at least $750,000 under management or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its clients are non-U.S. persons.
- High-Net-Worth Individuals* - 28.42%
- Other Individuals - 66.39%
- Corporations - 1.91%
- Charitable Organizations - 3.28%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Passive Capital Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
Financial Advisors at Passive Capital Management, LLC
Baltimore, MD
Baltimore, MD
Baltimore, MD
Baltimore, MD
Lutherville Timonium, MD
Baltimore, MD
Syracuse, NY
Baltimore, MD
Not sure which advisor is right for you? Use our matching tool
Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.