Cabana LLC (Fayetteville)


Cabana LLC is a large advisory firm based in Fayetteville. It manages $872.84 million of regulatory assets for 9,743 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 33 other states.

Cabana provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cabana: assets under management

The assets under management (AUM) of Cabana LLC is $872.84 million. The firm's AUM has grown by 2875% since the beginning of its operation, and $67.39 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $777.23 million in discretionary accounts and $95.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.34 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $129.02 thousand.
Cabana has custody of $55.5 million in cash and securities for 170 clients in total but doesn’t act as a qualified custodian.

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 cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in exchange traded securities form 3% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Cabana is individuals with 6,692 clients and $677.45 million of assets under management. Among the 10 most similar advisory firms, Cabana has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $872.84 million for 6,789 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.

Cabana doesn't advise any private funds.

Careers at Cabana LLC

The company employs 21 people that are either part- or full-time employees. 76 percent of the employees work as investment advisers or researchers. 16 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 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
George Chaddwick Mason Manager/chief compliance officer 1 Sep 2005 Other 5449388
Llc Gcm Investments Member 1 Apr 2010 50% - 75% 86-1148194
Louis Abraham Shaff Member 1 Apr 2013 Other 5449638
Jon Neal Prevost Member 1 Apr 2013 Other 1630296
Bettye R Morse Mgr Gst Member 1 Jul 2016 Other 71-6174559
Nikifor Alexandrov Paunov Chief compliance officer 1 Nov 2016 Other 2680109
Llc Cabana Holdings Managing member 1 May 2017 75% - 100% 26-1597641
Llc The Cabana Group Managing member 1 May 2017 75% - 100% 26-1597641
Daniel Giuseppe Ippolito Chief compliance officer 1 Oct 2017 Other 5561065

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bettye Roberds Morse Trustee 1 Mar 1996 Other 6705599
Bettye R Morse Trustee 1 Mar 1996 Other 6705599
Louis Abraham Shaff Member 1 Jan 2017 25% - 50% 5449638
Llc Gcm Investments Managing member 1 Jan 2017 25% - 50% 86-1148194

Based in Fayetteville

The principal office where Cabana LLC performs its advisory services is located at 220 S. School Ave., Fayetteville, AR 72701, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 479-442-6464 or by fax 479-442-6465. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at cabanaportfolio.com and its LinkedIn profile.