Springdale Capital LLC (Princeton)

Name: Springdale Capital LLC
Address: 27 Mason Drive, Princeton, NJ, 08540
Telephone: 203-936-7404

Springdale Capital LLC is a mid-sized advisory firm based in Princeton. It manages $41.33 million of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2014.

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

Springdale Capital: assets under management

The assets under management (AUM) of Springdale Capital LLC is $41.33 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -14% since the beginning of its operation, and $113.77 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $41.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $879.43 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 38% of the firm’s portfolio. Investments in investment and business development companies form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Springdale Capital LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Springdale Capital serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Springdale Capital is high net worth individuals with 19 clients and $24.52 million of assets under management. Among the 2 most similar advisory firms, Springdale Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $41.33 million for 47 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Springdale Capital also advises several private funds. Namely, one other private fund.

Careers at Springdale Capital LLC

The company employs 1 person that is either a part- or full-time employee. 100 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 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
Yevgeny Neginsky	Managing member and chief compliance officer	1 Apr 2009	75% - 100%	3043061

Based in Princeton

The principal office where Springdale Capital LLC performs its advisory services is located at 27 Mason Drive, Princeton, NJ 08540, 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 203-936-7404. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at springdalecap.com.