Queen City Capital Management, LLC (Cincinnati)


Queen City Capital Management, LLC is a large advisory firm based in Cincinnati. It manages $98.58 million of regulatory assets for 374 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Florida, Indiana, Kentucky, and Ohio.

Queen City Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Queen City Capital Management: assets under management

The assets under management (AUM) of Queen City Capital Management, LLC is $98.58 million. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $96.79 million in discretionary accounts and $1.79 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $259.49 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.79 million.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 12% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Queen City Capital Management, LLC for their services and products based on a percentage of assets under management. 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 Queen City Capital Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Queen City Capital Management is individuals with 207 clients and $51.75 million of assets under management. Among the 10 most similar advisory firms, Queen City Capital Management has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $98.58 million for 248 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.

Queen City Capital Management doesn't advise any private funds.

Careers at Queen City Capital Management, LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 13 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Jeffrey Joseph Spitzmiller Chief executive officer, chief investment officer, chief compliance officer 1 Jul 2012 25% - 50% 4418218
Charles Frederick Hais Member 1 Jul 2012 Other 1758717
Anders Kristian Juel Member 1 Jul 2012 Other 3099302
Michael William Popil Member 1 Jul 2012 Other 5697067
Thomas Herbert Wingo Member 1 Jul 2012 Other 1339692
Jeffrey Robert Walkup Member 1 Jul 2012 Other 2211237
Neil Robert Bourgeois Member 1 Jul 2012 Other 1403485
Matthew Ashley Swendiman Chief compliance officer 1 Oct 2015 Other 2849367
Bryan Charles Haft Chief compliance officer 1 Mar 2017 Other 2313491
Matthew Ashley Swendiman Chief compliance officer 1 Aug 2019 Other 2849367

Based in Cincinnati

The principal office where Queen City Capital Management, LLC performs its advisory services is located at 212 East Third Street, Cincinnati, OH 45202, 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 (513) 721-6089 or by fax (513) 639-7610. The normal business hours are 8:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at qccmonline.com.