Alexandria Capital, LLC (Arlington)


Alexandria Capital, LLC is a large advisory firm based in Arlington. It manages $964.73 million of regulatory assets for 1,948 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alaska, Arizona, California, and 20 other states.

Alexandria Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, publication of newsletters, and tax preparation. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Alexandria Capital: assets under management

The assets under management (AUM) of Alexandria Capital, LLC is $964.73 million. The firm's AUM has grown by 216% since the beginning of its operation, and $4.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $909.71 million in discretionary accounts and $55.03 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $474.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.9 million.
Alexandria Capital has custody of $84.35 million in cash and securities for 92 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 40% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alexandria Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alexandria Capital serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Alexandria Capital is high net worth individuals with 242 clients and $750.9 million of assets under management. Among the 11 most similar advisory firms, Alexandria Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $964.73 million for 740 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Alexandria Capital also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Alexandria Capital, LLC

The company employs 20 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Lawrence Michael Waterhouse joined the executive team most recently as the Executive Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Augustine Sung Chun Hong Chief executive officer 1 Mar 2010 Other 1990434
Llc Botree Capital Partners Member 1 Apr 2010 50% - 75% 22-3800223
Inc. Westmount Capital Member 1 Apr 2010 25% - 50% 27-2431492
Theresa Lee Chief compliance officer 1 Mar 2012 Other 5204561
Millennium Capital Management Member 1 Jan 2015 Other 54-1976458
Llc Alexandria Phl Member 1 May 2016 50% - 75% 81-1526720
Inc. Fic Capital Member 1 Nov 2017 25% - 50% 13-3474043
Lawrence Michael Waterhouse Executive director 1 Dec 2017 Other 2092303
Jonathan Andrew Ferguson Managing partner, chief investment officer 1 Dec 2017 Other 2819973

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Augustine Sung Chun Hong Member 1 Apr 2003 25% - 50% 1990434
Charles J.A. D'angelo Owner 1 Apr 2010 25% - 50% 5815633
Augustine Sung Chun Hong Member 1 Apr 2010 25% - 50% 1990434
Chansuk Steven Park Member 1 Jan 2011 25% - 50% 1707414
John Andrew Frisch Member 1 Jan 2015 25% - 50% 1648645
Robert Eugene Mcgrath Member 1 May 2016 25% - 50% 2010330
Albert S Park Member 1 May 2016 25% - 50% 5689344

Based in Arlington

The principal office where Alexandria Capital, LLC performs its advisory services is located at 1300 17 Th Street N, Arlington, VA 22209 The mailing address of the firm is 1300 17 Th Street North, Suite 840, Arlington, VA 22209. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 2023910170 or by fax 2023910178. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at alexandriacapital.com/.