Metropolitan Capital Strategies LLC (Reston)

Name: Metropolitan Capital Strategies LLC
Address: 11951 Freedom Drive, Reston, VA, 20190
Telephone: 703-251-4536

Metropolitan Capital Strategies LLC is an adviser based in Reston. It manages $62.46 million of regulatory assets for 152 client accounts. It has been registered with the SEC as an adviser since 2008.

Metropolitan Capital Strategies provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Metropolitan Capital Strategies: assets under management

The assets under management (AUM) of Metropolitan Capital Strategies LLC is $62.46 million. The firm's AUM has grown by 33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $31.11 million in discretionary accounts and $31.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $341.83 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $514.04 thousand.

Metropolitan Capital Strategies has custody of $62.46 million in cash and securities for 152 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Metropolitan Capital Strategies LLC 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.

Careers at Metropolitan Capital Strategies LLC

David Allen Schombert has been acting as President since 1 Dec 2006. David A. Dresner joined the executive team most recently as the Class A Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Allen Schombert	President/chief investment officer	1 Dec 2006	25% - 50%	2563190
Danny Gerald Snow	Chairman of the board of managers	1 Dec 2006	Other	5277188
David A. Dresner	Class a member	1 May 2007	Other	5566470
Michael C. Martin	Class a member	1 May 2007	Other	5566471
John F. Phillips	Class a member	1 May 2007	Other	5566474
Ronald W. Tydings	Class a member	1 May 2007	Other	5566479
Sharon M Snow	Chief executive officer/chief compliance officer	1 Jun 2008	50% - 75%	4615256

Based in Reston

The principal office where Metropolitan Capital Strategies LLC performs its advisory services is located at 11951 Freedom Drive, Reston, VA 20190, 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 703-251-4536 or by fax 703-251-4440. The normal business hours are 9 a.m.- 5 p.m. on Monday - Friday. You can find more information about the New York firm at mcsmgr.com.