Validea Capital Management LLC (West Hartford)

Name: Validea Capital Management LLC
Address: 363 Ridgewood Rd, West Hartford, CT, 06107
Telephone: 800-730-3457

Validea Capital Management LLC is an investment adviser to an investment company based in West Hartford. It manages $58.06 million of regulatory assets for 107 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Colorado, Connecticut, and 6 other states.

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

Validea Capital Management: assets under management

The assets under management (AUM) of Validea Capital Management LLC is $58.06 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $58.06 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $542.61 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Validea 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 Validea Capital Management serves?

The firm provides services to individuals, investment companies, and high net worth individuals. The largest group of clients of Validea Capital Management is individuals with 40 clients and $30.14 million of assets under management. Among the 6 most similar advisory firms, Validea Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $58.06 million for 84 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.

Validea Capital Management doesn't advise any private funds.

Careers at Validea Capital Management LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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
Jack Marion Forehand	Member	1 Mar 2004	25% - 50%	4773204
John Philip Reese	Ceo	1 Mar 2004	25% - 50%	4773210
Justin Joseph Carbonneau	Chief compliance officer	1 Mar 2005	Other	4930737

Based in West Hartford

The principal office where Validea Capital Management LLC performs its advisory services is located at 363 Ridgewood Rd, West Hartford, CT 06107, 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 800-730-3457 or by fax 860-760-6661. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at valideacapital.com.