Five Point Capital Partners LLC (Houston)

Name: Five Point Capital Partners LLC
Address: 825 Town And Country Lane, Houston, TX, 77024
Telephone: 713-351-0700

Five Point Capital Partners LLC is a large advisory firm based in Houston. It manages $1.84 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Five Point Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Five Point Capital Partners: assets under management

The assets under management (AUM) of Five Point Capital Partners LLC is $1.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $367.15 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Five Point Capital Partners LLC for their services and products based on a percentage of assets under management and performance-based 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 Five Point Capital Partners serves?

The only and largest group of clients of Five Point Capital Partners is pooled investment vehicles with 5 clients and $1.84 billion of assets under management. Among the 11 most similar advisory firms, Five Point Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.84 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Five Point Capital Partners also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $400,000 to $10,000,000.

Careers at Five Point Capital Partners LLC

The company employs 14 people that are either part- or full-time employees. 64 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
David Nicholas Capobianco	Managing member	1 Nov 2012	50% - 75%	1979556
Matthew Kevin Morrow	Member	1 Jan 2014	25% - 50%	6321768
Douglas Alan Wilkinson	Chief financial officer / chief compliance officer	1 Oct 2014	Other	6442535

Based in Houston

The principal office where Five Point Capital Partners LLC performs its advisory services is located at 825 Town And Country Lane, Houston, TX 77024, 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 713-351-0700 or by fax 713-351-0701. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at fivepointcp.com/.