Inscription Capital, LLC (Houston)

Name: Inscription Capital, LLC
Address: 2925 Richmond Avenue, Houston, TX, 77098
Telephone: 713-673-8999

Inscription Capital, LLC is a large advisory firm based in Houston. It manages $709.13 million of regulatory assets for 322 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Louisiana, and Texas.

Inscription Capital provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Inscription Capital: assets under management

The assets under management (AUM) of Inscription Capital, LLC is $709.13 million. The firm's AUM has grown by 143% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $380.18 million in discretionary accounts and $328.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.78 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.02 million.

Inscription Capital has custody of $199.5 million in cash and securities for 40 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in investment and business development companies form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Inscription Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Inscription Capital serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Inscription Capital is high net worth individuals with 56 clients and $667.73 million of assets under management. Among the 6 most similar advisory firms, Inscription Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $709.13 million for 75 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.

Inscription Capital doesn't advise any private funds.

Careers at Inscription Capital, LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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
Llc Inscription Capital Holdings	Owner	1 Dec 2017	75% - 100%	82-3613884
Olivia Salas Roppolo	Chief compliance officer	1 Apr 2018	Other	3132800

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brian James Bova	Owner	1 Apr 2018	25% - 50%	4445536
David L Eustis Jr.	Owner	1 Apr 2018	25% - 50%	2808150
Marc Paul Oster	Owner	1 Apr 2018	25% - 50%	1528627

Based in Houston

The principal office where Inscription Capital, LLC performs its advisory services is located at 2925 Richmond Avenue, Houston, TX 77098, 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 713-673-8999. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at inscriptioncapital.com.