Quadcap Wealth Management, LLC (Frisco)


Quadcap Wealth Management, LLC is a large advisory firm based in Frisco. It manages $333.16 million of regulatory assets for 803 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, Arkansas, California, and 8 other states.

Quadcap Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm also engages as tax preparation.

Quadcap Wealth Management: assets under management

The assets under management (AUM) of Quadcap Wealth Management, LLC is $333.16 million. The firm's AUM has grown by 172% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $328.89 million in discretionary accounts and $4.26 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $415.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $387.62 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 30% 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 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Quadcap Wealth Management, LLC for their services and products based on a percentage of assets under management and fixed 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 Quadcap Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Quadcap Wealth Management is high net worth individuals with 133 clients and $326.57 million of assets under management. Among the 12 most similar advisory firms, Quadcap Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $333 million for 191 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.

Quadcap Wealth Management doesn't advise any private funds.

Careers at Quadcap Wealth Management, LLC

The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 6 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
David Blair Managing member, chief compliance officer 1 Jun 2009 75% - 100% 4442248
Robert Cecil Alston Chief compliance officer 1 Mar 2016 Other 2480962

Based in Frisco

The principal office where Quadcap Wealth Management, LLC performs its advisory services is located at 7790 Main Street, Frisco, TX 75033, 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 972-818-2400 or by fax 972-733-0798. The normal business hours are 9am to 4pm on Monday - Friday. You can find more information about the New York firm at quadcapwm.com.