Metropolitan Capital Strategies LLC (Reston)


Metropolitan Capital Strategies LLC is an adviser based in Reston. It manages $62.46 million of regulatory assets for 152 client accounts. It has been registered with the SEC as an adviser since 2008.

Metropolitan Capital Strategies provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Metropolitan Capital Strategies: assets under management

The assets under management (AUM) of Metropolitan Capital Strategies LLC is $62.46 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.11 million in discretionary accounts and $31.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $341.83 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $514.04 thousand.
Metropolitan Capital Strategies has custody of $62.46 million in cash and securities for 152 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Metropolitan Capital Strategies 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.

Careers at Metropolitan Capital Strategies LLC

David Allen Schombert has been acting as President since 1 Dec 2006. David A. Dresner joined the executive team most recently as the Class A Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Allen Schombert President/chief investment officer 1 Dec 2006 25% - 50% 2563190
Danny Gerald Snow Chairman of the board of managers 1 Dec 2006 Other 5277188
David A. Dresner Class a member 1 May 2007 Other 5566470
Michael C. Martin Class a member 1 May 2007 Other 5566471
John F. Phillips Class a member 1 May 2007 Other 5566474
Ronald W. Tydings Class a member 1 May 2007 Other 5566479
Sharon M Snow Chief executive officer/chief compliance officer 1 Jun 2008 50% - 75% 4615256

Based in Reston

The principal office where Metropolitan Capital Strategies LLC performs its advisory services is located at 11951 Freedom Drive, Reston, VA 20190, 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 703-251-4536 or by fax 703-251-4440. The normal business hours are 9 a.m.- 5 p.m. on Monday - Friday. You can find more information about the New York firm at mcsmgr.com.