Primus Capital Partners, Inc. (Woodmere)

Name: Primus Capital Partners, Inc.
Address: 28601 Chagrin Blvd., Woodmere, OH, 44122
Telephone: 440-684-7300

Primus Capital Partners, Inc. is a large advisory firm based in Woodmere. It manages $1.02 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Georgia and Ohio.

Primus Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Primus Capital Partners: assets under management

The assets under management (AUM) of Primus Capital Partners, Inc. is $1.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 90% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $203.37 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Primus Capital Partners, Inc. 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.

What kind of clients Phillip Carl Molner Ii serves?

The only and largest group of clients of Phillip Carl Molner Ii is pooled investment vehicles with 5 clients and $1.02 billion of assets under management. Among the 7 most similar advisory firms, Primus Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.02 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

Primus Capital Partners also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $5,000,000.

Careers at Primus Capital Partners, Inc.

The company employs 19 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Phillip Carl Molner Ii has been acting as President since 1 Feb 2012. Dominic Edward Offredo joined the executive team most recently as the Secretary, Treasurer, Cfo, Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Charles Mulligan	Ceo, director	1 Dec 1993	50% - 75%	6022722
Steven Rothman	Cfo, cco	1 Dec 1993	Other	6022734
Loyal W Wilson	Ceo, director	1 Dec 1993	Other	6022712
Phillip Carl Molner Ii	Director	1 Feb 2012	50% - 75%	6027951
Dominic Edward Offredo	Secretary, treasurer, cfo, cco	1 Jan 2016	Other	6607838

Based in Woodmere

The principal office where Primus Capital Partners, Inc. performs its advisory services is located at 28601 Chagrin Blvd., Woodmere, OH 44122, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 440-684-7300 or by fax 440-684-7318. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at primuscapital.com.