Siena Capital, LLC (Cincinnati)


Siena Capital, LLC is a large advisory firm based in Cincinnati. It manages $186.5 million of regulatory assets for 477 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Colorado, Florida, Georgia, and 4 other states.

Siena Capital provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Siena Capital: assets under management

The assets under management (AUM) of Siena Capital, LLC is $186.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $186.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $390.98 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Siena Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Siena Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Siena Capital is high net worth individuals with 69 clients and $139.31 million of assets under management. Among the 8 most similar advisory firms, Siena Capital has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $186.5 million for 216 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.

Siena Capital doesn't advise any private funds.

Careers at Siena Capital, LLC

The company employs 5 people that are either part- or full-time employees. 80 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
Erik James Christman Managing member 1 Sep 2010 75% - 100% 3059951
Patrick Joseph Walsh Chief compliance officer 1 Mar 2016 Other 5412738

Based in Cincinnati

The principal office where Siena Capital, LLC performs its advisory services is located at 8044 Montgomery Road, Cincinnati, OH 45236, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 513-469-7014 or by fax 513-672-0363. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at oxfordfp.com.