Destra Capital Advisors LLC is a large advisory firm based in Chicago. It manages $450.03 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Colorado, and 8 other states.
Destra Capital Advisors provides portfolio management for investment companies and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Destra Capital Advisors LLC is $450.03 million. The firm's AUM has grown by 14417% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Destra Capital Advisors 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.
The only and largest group of clients of Robert Watson is investment companies with 4 clients and $450.03 million of assets under management. Among the 10 most similar advisory firms, Destra Capital Advisors has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $450.03 million for 4 clients. None of the firm’s clients are foreign persons or businesses.
Destra Capital Advisors doesn't advise any private funds.
The company employs 20 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 15 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.
Robert Watson has been acting as President since 1 Dec 2014. Peter G Amendolair has served as the Chief Investment Officer since 1 Dec 2010. Myles Reid Blechner joined the executive team most recently as the Chief Compliance Officer.
The principal office where Destra Capital Advisors LLC performs its advisory services is located at 444 West Lake Street, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Palm Beach, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-843-6161 or by fax 312-843-6174. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at destracapital.com and its LinkedIn profile.