Iii Capital Management (Boca Raton)


Iii Capital Management is a large advisory firm based in Boca Raton. It manages $41.9 billion of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Florida.

Iii Capital Management provides 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.

Iii Capital Management: assets under management

The assets under management (AUM) of Iii Capital Management is $41.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 157% since the beginning of its operation, and $32.65 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $41.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.27 billion each.
Iii Capital Management has custody of $2.78 billion in cash and securities for 24 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 78% of the total AUM. The second-largest asset type is government bonds, which make up 16% of the firm’s portfolio. Investments in derivatives form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Iii Capital Management for their services and products based on a percentage of assets under management and performance-based 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 Iii Capital Management serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Iii Capital Management is pooled investment vehicles with 25 clients and $35.13 billion of assets under management. Among the 9 most similar advisory firms, Iii Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $40.77 billion for 31 clients. 78% of the firm’s clients are foreign persons or businesses.

Iii Capital Management also advises several private funds. Namely, twelve hedge funds and one real estate fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Iii Capital Management

The company employs 11 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’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 receive compensation from other entities for client referrals.

Wilder Ventures Inc. joined the executive team most recently as the General Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Marathon Financial General partner 1 Apr 1994 Other 88-0319260
Inc. Valance Co. General partner 1 Apr 1994 Other 88-0292589
Inc. Wallner Co. General partner 1 Apr 1994 Other 88-0292590
Scott Lawrence Wyler Chief compliance officer; secretary/treasurer of gp entities 1 Feb 1999 Other 2869488
William Patrick Mccauley Chief executive officer 1 Feb 1999 Other 818540
Helios Llc General partner 1 Jul 2003 Other 75-3026371
Adlex Llc General partner 1 Dec 2003 Other 20-0489272
Llc Taylor Pepper General partner 1 Jan 2005 Other 11-3736947
Llc Brynford General partner 1 Jan 2009 Other 80-0337715
Llc Waverely General partner 1 Jan 2011 Other 27-4445127
Llc Verdandi General partner 1 Jan 2013 Other 46-1648985
Inc. Mobilou General partner 1 Jan 2013 Other 38-3884324
Llc Stollery General partner 1 Jan 2014 Other 46-4242369
Yelena Anuar Chief financial officer 1 Jul 2014 Other 6253705
Karen Marie Hansen General counsel 1 Sep 2017 Other 5291197
Garth (Nmn) Friesen Chief executive officer 1 Sep 2017 Other 2534898
Wilder Ventures Inc. General partner 1 Jan 2018 Other 82-3801972

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Clifford George Viner Shareholder/owner 1 Feb 1992 75% - 100% 715977
Michael Lloyd Reger Shareholder/owner 1 Dec 1992 75% - 100% 1591432
Warren Bruce Mosler Shareholder/owner 1 Apr 1994 75% - 100% 824921
William Patrick Mccauley Shareholder/owner 1 Mar 2002 75% - 100% 818540
Garth Friesen Shareholder/owner 1 Dec 2003 75% - 100% 2534898
Robert Andrew Printz Shareholder/owner 1 Dec 2004 75% - 100% 2348404
Francis Dominic Feeney Shareholder/owner 1 Jan 2009 75% - 100% 1704438
Lester Noel Coyle Owner/shareholder 1 Jan 2011 75% - 100% 4727659
Scott Lawrence Wyler Shareholder/owner 1 Jan 2013 75% - 100% 2869488
Thomas Rolf Olofsson Shareholder/owner 1 Jan 2013 75% - 100% 3244639
Deep Kumar Shareholder/owner 1 Jan 2014 75% - 100% 4417687
Jason Prest Manager 1 Dec 2017 75% - 100% 4475716

Based in Boca Raton

The principal office where Iii Capital Management performs its advisory services is located at 777 Yamato Road, Boca Raton, FL 33431, 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 561-544-4400 or by fax 561-544-4433. The normal business hours are 6 am to 3 am on Monday - Friday. You can find more information about the New York firm at iiicm.com.