Congress Springs Capital, LLC (Yarmouth)

Congress Springs Capital, LLC is a mid-sized advisory firm based in Yarmouth. It manages $62.5 million of regulatory assets for 257 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Maine.

Congress Springs Capital provides portfolio management for individuals and small businesses and consulting at an hourly rate. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Congress Springs Capital: assets under management

The assets under management (AUM) of Congress Springs Capital, LLC is $62.5 million. The firm's AUM has grown by 116% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Congress Springs Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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.

Careers at Congress Springs Capital, LLC

Francis Xavier Fitzpatrick has been acting as President since 1 May 2001. Leslie Doyle Fitzpatrick joined the executive team most recently as the Co Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Francis Xavier Fitzpatrick	President	1 May 2001	75% - 100%	719935
Leslie Doyle Fitzpatrick	Co-owner	1 Dec 2002	Other	4631647

Based in Yarmouth

The principal office where Congress Springs Capital, LLC performs its advisory services is located at 49 Waters Edge Road, Yarmouth, ME 04096 6318, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.