Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
- Publication of Periodicals or Newsletters
- Educational Seminars & Workshops
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Private Capital Management, Inc. Overview
Private Capital Management, Inc. is a fee-only investment advisory firm that was founded in 2002 and is headquartered in Larkspur, CA. They specialize in providing investment advice only and offer a wide range of services to their clients. These include financial planning, portfolio management for individuals & small businesses, portfolio management for businesses or institutional clients, pension consulting services, and selection of other advisors. They also publish periodicals or newsletters, and provide educational seminars and workshops to keep their clients informed and up-to-date with the latest financial trends and tools. Private Capital Management, Inc. provides comprehensive family office services to their clients, along with their other offerings. This allows clients to benefit from a fully integrated approach to managing their finances and investments. They customize each family office solution to meet the unique needs of their clients and help them achieve their long-term financial goals. Whether it's managing assets, protecting wealth, or passing down a legacy, they have the expertise and experience to handle all aspects of family wealth management. Private Capital Management, Inc. has extensive experience in providing pension consulting services to businesses and institutional clients. They are committed to helping their clients optimize their retirement plan offerings, by analyzing and benchmarking their existing plans, identifying gaps and opportunities, and developing and implementing customized solutions that meet their specific needs. They also provide ongoing plan monitoring and fiduciary oversight to ensure compliance with all regulations and best practices. With their pension consulting services, clients can count on top-notch expertise and service to help them achieve their retirement goals.
PRIVATE CAPITAL MANAGEMENT, INC. is a firm that caters to a varied range of clients. Through their services, the firm aims to assist individuals, high net worth individuals, pension and profit sharing plans, and charitable organizations. Moreover, the firm welcomes other corporation types not listed to avail of their services as well. They recognize the unique needs of each client and work towards providing personalized solutions that align with their individual needs. When it comes to their fee structures, PRIVATE CAPITAL MANAGEMENT, INC. offers different options depending on the service provided and the needs of the client. The first option is a percentage of AUM, which stands for Assets Under Management. This fee structure allows the firm to charge a percentage based on the value of the assets they manage for the client. The second fee structure is hourly, which means the client will be charged on an hourly basis for any services provided by the firm. The third option is a fixed fee, which involves setting a single fixed cost for a particular service regardless of the amount of time, effort, or assets being used to provide it. Overall, PRIVATE CAPITAL MANAGEMENT, INC. offers flexible fee structures that accommodate the preferences and requirements of their clients.
Typical Clients, Fee Structures & Investment Minimum
According to Private Capital Management, Inc.'s Part 2 Brochure, there is no mention of an investment minimum. Therefore, it is unclear whether the firm has an investment minimum or not, and interested investors should contact the firm directly to inquire about their requirements.
How This Office Can Help Eagan, MN Residents
Private Capital Management is a financial advisory firm that provides customized wealth management solutions to individual and business clients in Eagan, MN. They understand that different individuals and families have varying financial goals and priorities, which is why they tailor their services to meet the specific needs of each client. For someone living in Eagan, MN, they may be facing a variety of financial situations, such as retirement planning, investment management, asset protection, tax planning, and more. Private Capital Management has a team of experienced financial advisors who have a deep understanding of the local economic conditions and market trends in Eagan, MN. They provide comprehensive solutions that balance risk and return to help clients achieve their financial objectives. For instance, for those nearing retirement, they may recommend creating a diversified portfolio that generates a steady income stream while protecting clients' principal. Similarly, they may assist clients who are looking to start their own business with setting up an appropriate retirement plan or creating a succession plan for their business. Overall, Private Capital Management provides valuable financial advice and investment management services that help clients in Eagan, MN make informed decisions that align with their financial goals.
Services Offered by Private Capital Management, Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Private Capital Management, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Private Capital Management, Inc. is registered to service clients in the following states:
- California
- Florida
Disciplinary History
Private Capital Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.