Arlen Capital, LLC (Warwick)

Name: Arlen Capital, LLC
Address: 117 Metro Center Boulevard, Warwick, RI, 02286
Telephone: 401-854-3500

Arlen Capital, LLC is a large advisory firm based in Warwick. It manages $210.22 million of regulatory assets for 569 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Connecticut, Florida, Louisiana, and 8 other states.

Arlen Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Arlen Capital: assets under management

The assets under management (AUM) of Arlen Capital, LLC is $210.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 275% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $210.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $369.45 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arlen Capital, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Arlen Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Arlen Capital is high net worth individuals with 66 clients and $156.46 million of assets under management. Among the 13 most similar advisory firms, Arlen Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $208.33 million for 218 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Arlen Capital doesn't advise any private funds.

Careers at Arlen Capital, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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
Arlen Corporation	Owner	1 Mar 2001	75% - 100%	05-0508857
Frank Peter Mcgoff	Chief compliance officer	1 Mar 2001	Other	865966

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Peter Anthony Sullivan	Owner	1 Mar 2001	75% - 100%	828191

Based in Warwick

The principal office where Arlen Capital, LLC performs its advisory services is located at 117 Metro Center Boulevard, Warwick, RI 02286, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 401-854-3500 or by fax 401-854-3509. The normal business hours are 8:30 a.m. - 5:00 p.m. (et) on Monday - Friday. You can find more information about the New York firm at arlencorp.com.