Boavista Capital Management LLC (New Westminster)

Name: Boavista Capital Management LLC
Address: 815 Fifth Avenue, New Westminster, V3 M1 Y1
Telephone: 1-604-290-2711

Boavista Capital Management LLC is an adviser based in New Westminster. It manages $219 thousand of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2014.

Boavista Capital Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Boavista Capital Management: assets under management

The assets under management (AUM) of Boavista Capital Management LLC is $219 thousand, all of which is managed in discretionary accounts. The firm's AUM has grown by 17% since the beginning of its operation, and $219 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $219 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $109.5 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 33% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Boavista Capital Management LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Boavista Capital Management serves?

The only and largest group of clients of Boavista Capital Management is individuals with 2 clients and $219 thousand of assets under management. Among the 2 most similar advisory firms, Boavista Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $219 thousand for 2 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Boavista Capital Management doesn't advise any private funds.

Careers at Boavista Capital Management LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

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

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Maik Schwaebe	Managing member, ceo, & cco	1 Mar 2014	75% - 100%	6313861

Based in New Westminster

The principal office where Boavista Capital Management LLC performs its advisory services is located at 815 Fifth Avenue, New Westminster, V3 M1 Y1, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 1-604-290-2711. The normal business hours are 6:00 am - 3:00 pm on Monday - Friday. You can find more information about the New York firm at boavistacapital.com.