Capital Markets Iq, LLC (Arlington)

Name: Capital Markets Iq, LLC
Address: 516 Franklin Drive, Arlington, TX, 76011
Telephone: 310.882.6380

Capital Markets Iq, LLC is a large advisory firm based in Arlington. It manages $181.85 million of regulatory assets for 643 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 16 other states.

Capital Markets Iq provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, educational seminars and workshops, and business consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Markets Iq: assets under management

The assets under management (AUM) of Capital Markets Iq, LLC is $181.85 million. The firm's AUM has gone down by -81% since the beginning of its operation, and $13.93 million of the total AUM is attributable to clients outside of the United States.

The firm manages $165.04 million in discretionary accounts and $16.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $271.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $480.22 thousand.

Capital Markets Iq has custody of $20 million in cash and securities for 110 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 35% of the firm’s portfolio. Investments in other assets form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Markets Iq, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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 Capital Markets Iq serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Capital Markets Iq is individuals with 504 clients and $80.43 million of assets under management. Among the 5 most similar advisory firms, Capital Markets Iq has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $163.44 million for 611 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 7% of the firm’s clients are foreign persons or businesses.

Capital Markets Iq doesn't advise any private funds.

Careers at Capital Markets Iq, LLC

The company employs 26 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 22 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
Kenneth Nelson Wiseman	President and ceo	1 Jun 2006	Other	1621758
Penelope Yvonne Turnbow	Vice president, chief legal officer and secretary, chief compliance officer	1 Jan 2009	Other	5644575
Llc Extensor Capital N.A.	Member	1 Jan 2009	25% - 50%	20-4466472
Dawn Michele Bratcher	Controller	1 Jul 2010	Other	5905073
Lcm/Hpw Trust	Member	1 Jan 2013	50% - 75%	46-6131462
Ibrahim Saleh Mohammed	Chief marketing officer	1 Apr 2014	Other	5772220

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ibrahim Saleh Mohammed	Active	1 Feb 2006	25% - 50%	5772220
Penelope Yvonne Turnbow	Active	1 Dec 2007	25% - 50%	5644575
Llc Dnsx	Inactive	1 Jan 2013	25% - 50%	45-3727057
Kenneth Nelson Wiseman	Trustee	1 Jan 2013	Other	1621758
Matthew V Rabinowitz	Member	1 Dec 2014	25% - 50%	5772204

Based in Arlington

The principal office where Capital Markets Iq, LLC performs its advisory services is located at 516 Franklin Drive, Arlington, TX 76011 The mailing address of the firm is 427 N. Tatnall, Wilmington, DE 19801. An additional office of the firm is in Palm Beach Gardens, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310.882.6380 or by fax 815-346-2452. The normal business hours are 9:00a-5:00p cst on Monday - Friday. You can find more information about the New York firm at capitalmarketsiq.com.