Tributary Capital Management, LLC (Omaha)

Name: Tributary Capital Management, LLC
Address: 1620 Dodge Street, Omaha, NE, 68197
Telephone: 877-458-0021

Tributary Capital Management, LLC is a large advisory firm based in Omaha. It manages $1.95 billion of regulatory assets for 1,173 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Colorado, Florida, and 4 other states.

Tributary Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Tributary Capital Management: assets under management

The assets under management (AUM) of Tributary Capital Management, LLC is $1.95 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2155% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.95 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.66 million each.

Investments

The firm invests in exchange traded securities the most. They account for 88% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in investment and business development companies form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tributary Capital Management, 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 Stephen Richard Frantz serves?

The firm provides services to investment companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Stephen Richard Frantz is investment companies with 1 clients and $1.2 billion of assets under management. Among the 6 most similar advisory firms, Tributary Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.29 billion for 121 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.

Tributary Capital Management doesn't advise any private funds.

Careers at Tributary Capital Management, LLC

The company employs 14 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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 don’t receive compensation from other entities for client referrals.

Stephen Richard Frantz has been acting as President since 1 May 2010. Rita Elizabeth Tholt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Charles Jordan	Managing director	1 Jan 2005	Other	4399288
Tiffani Denise Boskovich	Portfolio manager, cco	1 Jan 2005	Other	4897655
Mark Douglas Losson	Portfolio manager	1 Jan 2005	Other	4899000
Melissa Jean Reinke	Analyst	1 Jan 2005	Other	4899577
Lee Richards Anderson	Portfolio manager	1 Jan 2005	Other	2119629
Fort Collins First National Bank	Owner	1 Jan 2005	75% - 100%	84-0205012
Jack Baldwin Wolfe	Sole manager	1 Jan 2005	Other	1182646
First National Bank	Owner	1 Jan 2005	75% - 100%	84-0205012
Kurtis Deene Spieler	Managing director	1 Sep 2006	Other	4813843
Melissa Jean Reinke	Analyst, chief compliance officer	1 Feb 2007	Other	4899577
Celeste Marie Blackburn	Chief compliance officer, analyst	1 Oct 2007	Other	1441464
First National Bank Of Omaha	Member	1 May 2010	75% - 100%	47-0259043
Stephen Richard Frantz	President	1 May 2010	Other	1439158
Ronald J Horner	Managing director	1 May 2010	Other	5111391
Randall Dewey Greer	Managing director	1 May 2010	Other	816739
Douglas Edward Hoffman	Chief compliance officer	1 May 2010	Other	5309119
David Charles Jordan	Managing director	1 May 2010	Other	4399288
Mark Alan Wyneger	Managing director	1 Jan 2011	Other	2632126
Mark Alan Wynegar	Managing director	1 Jan 2011	Other	2632126
Mark Wyneger	Managing director	1 Jan 2011	Other	2632126
Beverly Jean Langley	Chief compliance officer	1 Oct 2014	Other	1195340
Mark Alan Wynegar	President	1 Sep 2016	Other	2632126
Rita Elizabeth Tholt	Chief compliance officer	1 Oct 2016	Other	2194696

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. First National Of Colorado	Shareholder - common	1 Oct 1993	75% - 100%	47-0784794
Inc. First National Of Nebraska	Shareholder - common	1 Jan 1995	75% - 100%	47-0523079
Inc. First National Of Nebraska	Shareholder - common	1 May 2010	75% - 100%	47-0523079

Based in Omaha

The principal office where Tributary Capital Management, LLC performs its advisory services is located at 1620 Dodge Street, Omaha, NE 68197, 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 877-458-0021 or by fax 402-938-5608. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at tributarycapital.com.