Capital Advantage, Inc. (Lafayette)

Name: Capital Advantage, Inc.
Address: 3470 Mt Diablo Blvd. Ste A215, Lafayette, CA, 94549 7114
Telephone: 925-299-1500

Capital Advantage, Inc. is a large advisory firm based in Lafayette. It manages $705.92 million of regulatory assets for 590 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, California, Hawaii, and 6 other states.

Capital Advantage provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Advantage: assets under management

The assets under management (AUM) of Capital Advantage, Inc. is $705.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 604% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $705.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.2 million each.

Capital Advantage has custody of $5.64 million in cash and securities for 19 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 35% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 20% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capital Advantage, Inc. 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 John Sterrett Hayman serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of John Sterrett Hayman is high net worth individuals with 298 clients and $592.79 million of assets under management. Among the 12 most similar advisory firms, Capital Advantage has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $696.08 million for 582 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.

Capital Advantage doesn't advise any private funds.

Careers at Capital Advantage, Inc.

The company employs 11 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

John Sterrett Hayman has been acting as President since 1 Jun 1998. Colin Francis Taylor joined the executive team most recently as the Director Of Investment Management.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Sterrett Hayman	President	1 Jun 1998	75% - 100%	1041878
Monica Louise Sale	Secretary	1 Sep 2002	Other	4551280
Marian Sims Harris	Cco	1 Dec 2004	Other	4938303
Vickie Lynn Wilde	Cco	1 Mar 2006	Other	2700816
Dawn Elizabeth Henke	Chief compliance officer / chief operating officer	1 Aug 2008	Other	5012266
Dawnalizabeth Henke	Chief compliance officer	1 Aug 2008	Other	5012266
Donna Lynn Lewis	Executive vice president	1 Jan 2011	Other	2223112
Colin Francis Taylor	Director of investment management	1 Sep 2014	Other	5196686

Based in Lafayette

The principal office where Capital Advantage, Inc. performs its advisory services is located at 3470 Mt Diablo Blvd. Ste A215, Lafayette, CA 94549 7114, 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 925-299-1500 or by fax 925-299-1599. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at capitaladvantage.com.