Roosevelt Capital Management LLC

CRD#283217
Investment Advisor Firm

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Overview

Roosevelt Capital Management LLC operates as a financial advisory company based in Dallas, Texas. It has $198.7 million in assets under management over 96 customer accounts, placing it in the mid-tier of investment advisory firms in the United States by assets under management (AUM). Roosevelt Capital Management LLC has a small group, including 2 financial advisors. Roosevelt Capital Management LLC is not a registered broker-dealer, signifying that it cannot buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer company to do so. Securities are exchangable financial assets like options, bonds and equities.

Roosevelt Capital Management LLC oversees all of the firm's client assets in a discretionary manner. Discretionary management signifies that a portfolio manager has the discretion to make buy and sell judgments for the client's account without needing to seek the customer's authorization. The investment advisory firm manages an average of $2.1 million in assets for every customer account. An average advisor at Roosevelt Capital Management LLC administers around 48 client accounts, placing it towards the middle in terms of personalization.

Roosevelt Capital Management LLC's central office is located at 5956 Sherry Lane, Dallas, Texas 75225. The company is registered to serve investors throughout a few states, including Louisiana, South Carolina and Texas.

Assets Under Management

$198.7 million

Number of Advisors

2

Disclosures

No

Office Location

5956 Sherry Lane
Dallas, TX 75225

Roosevelt Capital Management LLC by the Numbers

Total Assets Under Management

$198.7 million

National Average: $8.6 billion
Total Number of Employees

2

National Average: 64
Total Number of Accounts

96

National Average: 375,227
Average Account Size

$2.1 million

National Average: $23.0 thousand
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Fee Structure

Fees charged by financial advisors usually vary depending on the type of services provided. However, fees billed by the firm typically consist of the following fee structure: asset-based. The firm does not participate in a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.

Available

  • Offered by 69% of firms

    Percentage of Assets

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    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.

Unavailable

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

    Hourly

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    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 26% of firms that offer this fee type

    Performance-based

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    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 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.

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Types of Clients

The firm works with a broad range of customers. It works with retail investors, high net worth investors, banking institutions, charitable organizations, other investment advisers, insurance companies, corporations and other. Out of its 96 customers, Roosevelt Capital Management LLC's biggest client type by number of accounts is high net worth investors, though it also caters to 52 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 at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's accounts are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 63.41%
  • Other Individuals - 7.32%
  • Corporations - 26.83%
  • Charitable Organizations - 2.44%

* 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

Roosevelt Capital Management LLC does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at Roosevelt Capital Management LLC

David Roosevelt
Dallas, TX
Michael O'Brien
Dallas, TX

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