Capital International, Inc. (Los Angeles)


Capital International, Inc. is a large advisory firm based in Los Angeles. It manages $46.81 billion of regulatory assets for 230 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Capital International provides portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Capital International: assets under management

The assets under management (AUM) of Capital International, Inc. is $46.81 billion. The firm's AUM has grown by 37% since the beginning of its operation, and $12.29 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $46.71 billion in discretionary accounts and $103.56 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $262.41 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.99 million.
Capital International has custody of $5.9 billion in cash and securities for 46 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 15% of the firm’s portfolio. Investments in investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital International, Inc. 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 Peter Charles Kelly serves?

The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Peter Charles Kelly is pension and profit sharing plans with 27 clients and $16.55 billion of assets under management. Among the 11 most similar advisory firms, Capital International has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $44 billion for 156 clients. 17% of the firm’s clients are foreign persons or businesses.

Capital International also advises several private funds. Namely, six other private funds and ten private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $25,000,000.

Careers at Capital International, Inc.

The company employs 278 people that are either part- or full-time employees. 38 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Peter Charles Kelly has been acting as President since 1 Aug 1998. Steven Thomas Watson joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Philip De Toledo Director & sr. vice president 1 Mar 1988 Other 2222500
David Isador Fisher Director/vice chairman 1 Mar 1988 Other 1895282
Walter Phillips Stern Director/vice chairman 1 Mar 1988 Other 4393047
Inc. Capital Group International Shareholder 1 Apr 1988 75% - 100% 95-4154357
Shaw Bradley Wagener Director/chairman 1 Jul 1991 Other 4360402
Victor David Kohn Director/president 1 Apr 1997 Other 1522226
Koenraad Carl Alice Foulon Director/sr. vice president 1 Apr 1997 Other 4393044
Peter Charles Kelly Director/sr. vice president/sr. counsel/secretary 1 Aug 1998 Other 2306289
Lam Nguyen Phuong Director/research director-private equity/sr. vice president 1 Sep 1998 Other 4393046
Michael Anthony Felix Director/sr. vice president/treasurer 1 Aug 2002 Other 4573424
Carl Michael Kawaja Director 1 Feb 2003 Other 4460694
Bruce Eugene Meikle Chief compliance officer 1 Jul 2006 Other 4882126
Christopher Choe Director/sr. vice president 1 Dec 2009 Other 5744216
Luis Freitas De Oliveira Director 1 Dec 2009 Other 5744218
Eric Henri Stern Director & sr. vice president 1 Sep 2011 Other 1729106
Fred Chapman Taylor Director & vice president 1 Sep 2011 Other 5219526
Jane Marie Scofield Chief compliance officer 1 Jan 2012 Other 5223823
Thomas Joseph Condon Treasurer 1 Mar 2019 Other 1733603
Maria Thelma Manotok Pathria Director, senior vice president & senior counsel 1 Mar 2019 Other 4325070
Mark Edward Brubaker Director, senior vice president & senior counsel 1 Jun 2019 Other 6894040
Steven Thomas Watson Director 1 Sep 2019 Other 1850634

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. The Capital Group Companies Shareholder 1 Feb 1967 75% - 100% 86-0206507
Inc. The Capital Group Companies Shareholder 1 Apr 1998 75% - 100% 86-0206507
Capital Research And Management Company Shareholder 1 Jul 2014 75% - 100% 95-1411037

Based in Los Angeles

The principal office where Capital International, Inc. performs its advisory services is located at 333 South Hope Street, Los Angeles, CA 90071 1406, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 213-486-9200. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at thecapitalgroup.com/ and its LinkedIn profile.