Caption Management, LLC (Oklahoma City)

Name: Caption Management, LLC
Address: 900 North Broadway Avenue, Oklahoma City, OK, 73102
Telephone: 347-797-5101

Caption Management, LLC is a large advisory firm based in Oklahoma City. It manages $492.02 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Oklahoma.

Caption Management 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.

Caption Management: assets under management

The assets under management (AUM) of Caption Management, LLC is $492.02 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 127% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $492.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $98.4 million each.

Caption Management has custody of $241.98 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Caption Management, 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 Caption Management serves?

The only and largest group of clients of Caption Management is pooled investment vehicles with 5 clients and $492.02 million of assets under management. Among the 9 most similar advisory firms, Caption Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $492.02 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Caption Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Caption Management, LLC

The company employs 8 people that are either part- or full-time employees. 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
William Lamblè Cooper	Chief compliance officer; managing member	1 Feb 2012	25% - 50%	6517121
Jason Strasser	Managing member	1 Feb 2012	25% - 50%	5362072
Dylan Marann Ballinger	Chief compliance officer	1 Mar 2019	Other	7087086

Based in Oklahoma City

The principal office where Caption Management, LLC performs its advisory services is located at 900 North Broadway Avenue, Oklahoma City, OK 73102 The mailing address of the firm is Po Box 14698, Oklahoma City, OK 73113. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 347-797-5101 or by fax 347-584-3910. The normal business hours are 8am - 5 pm on Monday - Friday. You can find more information about the New York firm at captionpartners.com/.