361 Capital LLC (Denver)

Name: 361 Capital LLC
Address: 4600 South Syracuse Street, Denver, CO, 80237
Telephone: 303-224-3900

361 Capital LLC is a large advisory firm based in Denver. It manages $1.55 billion of regulatory assets for 152 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alaska, Arizona, California, and 14 other states.

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

361 Capital: assets under management

The assets under management (AUM) of 361 Capital LLC is $1.55 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 794% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.55 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.18 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay 361 Capital 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 Joshua Jaye Vail serves?

The firm provides services to individuals, investment companies, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Joshua Jaye Vail is investment companies with 9 clients and $1.22 billion of assets under management. Among the 6 most similar advisory firms, 361 Capital has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.55 billion for 152 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.

361 Capital also advises several private funds.

Careers at 361 Capital LLC

The company employs 33 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. 2 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Joshua Jaye Vail has been acting as President since 1 Sep 2018. Wade Aaron Clouse joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Patrick Cunningham	Member	1 Nov 2001	Other	1223666
Brian Patrick Cunningham	Manager, chief compliance officer, & direct owner of 361 capital interests, manager & direct owner cl a units of tfia series	1 Dec 2001	25% - 50%	1223666
361 Capital Llc	Managing member of brite management, llc	1 Jan 2002	75% - 100%	118203
Edward John Kohler	Manager & direct owner of 361 capital interests & cl a units of tfia series	1 Apr 2007	Other	1060425
Diamond W. Trust	Direct owner of 361 capital interests & cl a units of tfia series	1 Aug 2007	Other	20-7507959
Trc Trust No. 1	Direct owner of 361 capital interests & direct owner - cl a units of tfia series	1 Jul 2009	Other	27-6140203
Llc Trusted Family Advisors	Direct owner - cl b units of tfia series	1 Jul 2009	Other	68-0667426
Llp Dunn Henritze And Diehl	Direct owner - cl b units of tfia series	1 Jul 2009	Other	84-1395431
Llc Forestview Ventures	Managing member	1 Sep 2009	25% - 50%	04-3790816
Thomas Ibberson Florence	Member; president; chief executive officer	1 Sep 2009	Other	1444214
Forestview Investors Llc	Direct owner of 361 capital interests & direct owner cl a units of tfia series	1 Jul 2010	Other	20-051119153
Blaine Preston Rollins	Member	1 Mar 2011	Other	1712471
John Barclay Blue	Chief compliance officer	1 Apr 2011	Other	4696393
Chris Cincera	Direct owner - cl b units of cfa series	1 Apr 2011	Other	sss
Christopher James Cincera	Managing meber of cfa series	1 Apr 2011	Other	5921699
Inc Dst Systems	Member	1 Jun 2011	25% - 50%	43-1581814
Llc Lighthouse Investment Partners	Member	1 Feb 2012	Other	136591
Lovell Minnick Equity Partners Iii Lp	Member	1 Jun 2014	Other	26-2230767
Lm 361 Capital Investment Partnership Lp	Member	1 Jun 2014	Other	46-5735585
John Ray Riddle	Member	1 Oct 2016	Other	2733584
Mark Frederick Jaeger	Chief compliance officer	1 Mar 2018	Other	4730811
Joseph Paul Paonessa	Chief financial officer	1 May 2018	Other	7087048
Joshua Jaye Vail	President	1 Sep 2018	Other	4396876
Wade Aaron Clouse	Chief compliance officer	1 Oct 2018	Other	3248313

Indirect Owners

The SEC currently registers 18 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dean Larry Dunn	Managing partner	1 Mar 1997	25% - 50%	5704085
Michael Smith Henritze	Managing partner	1 Mar 1997	25% - 50%	5704086
David Lee Diehl	Managing partner	1 Jul 2002	25% - 50%	5704087
Thomas Ibberson Florence	Member, manager & president	1 Mar 2004	Other	1444214
Megan Mccarthy Florence	Member & secretary	1 Mar 2004	75% - 100%	5715936
Brian Patrick Cunningham	Managing member	1 Nov 2004	25% - 50%	1223666
William Cannon Waller	Trustee	1 Jul 2007	50% - 75%	5704088
Denis Hugh Mark	Trustee	1 Jul 2007	50% - 75%	5704089
William Cannon Waller	Manager	1 Jan 2008	75% - 100%	5704088
Fund Iii Ugp Llc	Sole general partner	1 Sep 2008	75% - 100%	26-4733910
Lovell Minnick Partners Llc	Sole managing member	1 Sep 2008	75% - 100%	20-0493456
Lovell Minnick Holdings Llc	Sole managing member	1 Sep 2008	75% - 100%	20-0498914
Rod Wayne Snow	Trustee	1 Jul 2009	50% - 75%	5704090
Denise Kasky Vanderwerken	Trustee	1 Jul 2009	50% - 75%	5704091
Lovell Minnick Equity Advisors Iii Lp	Sole general partner	1 Jan 2011	Other	26-2230692
Lm 361 Capital Investment Holdings Inc.	Owner	1 Jun 2014	75% - 100%	46-5732982
Lovell Minnick Equity Partners Iii A Lp	Owner	1 Jun 2014	75% - 100%	26-2230831
Lovell Minnick Equity Advisors Iii Lp	Sole general partner	1 Jun 2014	Other	26-2230692

Based in Denver

The principal office where 361 Capital LLC performs its advisory services is located at 4600 South Syracuse Street, Denver, CO 80237, 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 303-224-3900 or by fax 303-224-3901. The normal business hours are 7:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at 361funds.com.