Alidade Capital, LLC (Bloomfield Hills)

Name: Alidade Capital, LLC
Address: 40900 Woodward Avenue, Bloomfield Hills, MI, 48304
Telephone: 248-593-7878

Alidade Capital, LLC is a large advisory firm based in Bloomfield Hills. It manages $443.45 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Michigan.

Alidade Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Alidade Capital: assets under management

The assets under management (AUM) of Alidade Capital, LLC is $443.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 482% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $443.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $110.86 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alidade Capital, LLC 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 David Todd Hanley serves?

The only and largest group of clients of David Todd Hanley is pooled investment vehicles with 4 clients and $443.45 million of assets under management. Among the 10 most similar advisory firms, Alidade Capital has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $443.45 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Alidade Capital also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons ranges from $15,000 to $100,000.

Careers at Alidade Capital, LLC

The company employs 16 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

David Todd Hanley has been acting as President since 1 Jun 2013. Maryfrances Litt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven John Faliski	Partner	1 Feb 2010	Other	2351994
Mark Thomas Hammond	Managing partner	1 Feb 2010	Other	6111702
Geoffrey Richard Langdon	Managing partner	1 Feb 2010	Other	6111703
Mark T. Hammond Revocable Trust	Owner	1 Feb 2010	25% - 50%	6111702
Steven J. Faliski Revocable Trust	Owner	1 Feb 2010	Other	2351994
Geoffrey R. Langdon Revocable Trust	Owner	1 Feb 2010	25% - 50%	6111703
Geoffrey R. Langdon Trust	Member	1 Feb 2010	25% - 50%	6111703
David Todd Hanley	Director	1 Feb 2010	Other	4525137
Matthew Roslin	Director & cco	1 Feb 2010	Other	6244783
Michael G Lucci	Director	1 Feb 2010	Other	4276936
Matthew Roslin	Director & cco	1 Aug 2012	Other	6244783
David Todd Hanley	Director	1 Jun 2013	Other	4525137
Maryfrances Litt	Chief compliance officer	1 Mar 2018	Other	3054809

Based in Bloomfield Hills

The principal office where Alidade Capital, LLC performs its advisory services is located at 40900 Woodward Avenue, Bloomfield Hills, MI 48304, 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 248-593-7878 or by fax 248-988-8868. The normal business hours are 8am to 6pm on Monday - Friday. You can find more information about the New York firm at alidadecapital.com and its LinkedIn profile.