Teak Tree Capital Management, LLC (Fort Worth)

Name: Teak Tree Capital Management, LLC
Address: 1300 S. University Dr., #407, Fort Worth, TX, 76107
Telephone: 817-744-8450

Teak Tree Capital Management, LLC is a large advisory firm based in Fort Worth. It manages $517.62 million of regulatory assets for 1,440 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama and Texas.

Teak Tree Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Teak Tree Capital Management: assets under management

The assets under management (AUM) of Teak Tree Capital Management, LLC is $517.62 million. The firm's AUM has grown by 439% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $377.47 million in discretionary accounts and $140.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $401.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $280.3 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Teak Tree Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Teak Tree Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Teak Tree Capital Management is high net worth individuals with 87 clients and $377.47 million of assets under management. Among the 11 most similar advisory firms, Teak Tree Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $517.62 million for 360 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.

Teak Tree Capital Management doesn't advise any private funds.

Careers at Teak Tree Capital Management, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 4 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.

Daniel Jacob Goldstein joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Adam Kirk Deem	Managing member	1 Apr 2009	50% - 75%	4239863
Daniel Jacob Goldstein	Managing member	1 Apr 2009	25% - 50%	1670739
Stephen Jeffrey Kaye	Managing member/chief compliance officer	1 Apr 2009	25% - 50%	4187125
Daniel Jacob Goldstein	Chief compliance officer	1 Apr 2014	Other	1670739
Stephen Jeffrey Kaye	Managing member/chief executive officer	1 Apr 2014	50% - 75%	4187125

Based in Fort Worth

The principal office where Teak Tree Capital Management, LLC performs its advisory services is located at 1300 S. University Dr., #407, Fort Worth, TX 76107, 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 817-744-8450 or by fax 817-744-8451. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at teaktreecapital.com/.