Northpointe Capital LLC is a large advisory firm based in Bloomfield Hills. It manages $454.59 million of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Georgia, and 19 other states.
Northpointe Capital provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and provides model portfolios allocations to other registered investment advisers.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Northpointe Capital LLC is $454.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 87% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Northpointe 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.
The firm provides services to investment companies, charitable organizations, other investment advisers, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Paul James Hondros is pension and profit sharing plans with 16 clients and $203.72 million of assets under management. Among the 13 most similar advisory firms, Northpointe Capital has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $420.7 million for 31 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.
Northpointe Capital also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $15,000 for each fund.
The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Paul James Hondros has been acting as President since 1 Nov 1999. Peter James Cahill has served as the Chief Investment Officer since 1 Oct 2008 and Michael Patrick Hayden is the Chief Executive Officer of Northpointe Capital LLC family office. Kenneth Scott Kosiorek joined the executive team most recently as the Chief Compliance Officer.
The principal office where Northpointe Capital LLC performs its advisory services is located at 39400 Woodward, 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 248-457-1200 or by fax 248-457-1201. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at northpointefunds.com.