Caravan Capital Management LLC is an investment adviser to an investment company based in Tacoma. It manages $38.85 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Washington.
Caravan Capital Management provides portfolio management for investment companies, 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.
The assets under management (AUM) of Caravan Capital Management LLC is $38.85 million. The firm's AUM has grown by 1843% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Caravan Capital Management LLC 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.
The firm provides services to investment companies, charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Caravan Capital Management is pooled investment vehicles with 3 clients and $16.76 million of assets under management. Among the 3 most similar advisory firms, Caravan Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $38.85 million for 6 clients. 20% of the firm’s clients are foreign persons or businesses.
Caravan Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.
The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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 don’t receive compensation from other entities for client referrals.
The principal office where Caravan Capital Management LLC performs its advisory services is located at 950 Pacific Avenue, Tacoma, WA 98402 The mailing address of the firm is 950 Pacific Avenue, Tacoma, WA 98402. An additional office of the firm is in University Place, WA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 253-302-5035. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at caravancap.com.