First Capital Advisors Group, LLC (Blue Bell)

First Capital Advisors Group, LLC is a large advisory firm based in Blue Bell. It manages $283.57 million of regulatory assets for 831 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Illinois, Massachusetts, and 5 other states.

First Capital Advisors Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

First Capital Advisors Group: assets under management

The assets under management (AUM) of First Capital Advisors Group, LLC is $283.57 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $283.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $341.24 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay First Capital Advisors Group, 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 First Capital Advisors Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of First Capital Advisors Group is high net worth individuals with 76 clients and $177.98 million of assets under management. Among the 9 most similar advisory firms, First Capital Advisors Group has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $283.57 million for 233 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.

First Capital Advisors Group doesn't advise any private funds.

Careers at First Capital Advisors Group, LLC

The company employs 13 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. 7 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Richard Schulte	Managing director	1 Aug 2015	50% - 75%	1242009
James Dwight Hiles	Managing director	1 Aug 2015	50% - 75%	1268480
Matthew Ashley Swendiman	Chief compliance officer	1 Aug 2015	Other	2849367
Jeffrey Richard Schulte	Managing director	1 Oct 2015	50% - 75%	1242009
James Dwight Hiles	Managing director	1 Oct 2015	50% - 75%	1268480

Based in Blue Bell

The principal office where First Capital Advisors Group, LLC performs its advisory services is located at 512 East Township Line Road, Blue Bell, PA 19422, which is also the mailing address of the firm. An additional office of the firm is in Little Silver, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 267-329-7620. The normal business hours are 8:00-5:00 on Monday - Friday.