Marsico Capital Management, LLC (Denver)

Name: Marsico Capital Management, LLC
Address: 1200 17 Th Street, Denver, CO, 80202 5824
Telephone: 303-454-5600

Marsico Capital Management, LLC is a large advisory firm based in Denver. It manages $3.09 billion of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Marsico Capital Management provides portfolio management for individuals and small businesses, 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.

Marsico Capital Management: assets under management

The assets under management (AUM) of Marsico Capital Management, LLC is $3.09 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -96% since the beginning of its operation, and $188.05 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $96.57 million each.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Marsico Capital Management, 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.

What kind of clients Christopher James Marsico serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Christopher James Marsico is investment companies with 8 clients and $2.16 billion of assets under management. Among the 6 most similar advisory firms, Marsico Capital Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.72 billion for 26 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 9% of the firm’s clients are foreign persons or businesses.

Marsico Capital Management doesn't advise any private funds.

Careers at Marsico Capital Management, LLC

The company employs 34 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Christopher James Marsico has been acting as President since 1 Jun 2002. Llc Marsico Subco joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Frank Marsico	Chief executive officer	1 Sep 1997	Other	704522
Marsico Management Holdings	Shareholder	1 Feb 1999	75% - 100%	84-1454231
Kenneth Johnson	Evp and director of marketing	1 Feb 2000	Other	2150738
James Gary Gendelman	Portfolio manager	1 Apr 2000	Other	1778942
Christopher James Marsico	President	1 Jun 2002	Other	4371563
Thomas M. J. Kerwin	Evp, general counsel, and secretary	1 Jun 2002	Other	4648934
Mary L. Watson	Evp and chief operations officer	1 Jun 2002	Other	1019252
Corydon J Gilchrist	Portfolio manager	1 Feb 2003	Other	4650084
Steven R. Carlson	Evp and chief compliance officer	1 Jun 2003	Other	4780170
Steven R Carlson	Evp, cfo and treasurer, and chief compliance officer	1 Jun 2003	Other	4780170
Neil L. Gloude	Evp, chief financial officer, and treasurer	1 Sep 2007	Other	5466910
Llc Marsico Parent Company	Shareholder	1 Dec 2007	75% - 100%	26-1510215
Llc Marsico Subco	Shareholder	1 Nov 2010	75% - 100%	27-3888530

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Nb Holdings Corporation	Intermediary parent	1 Feb 1999	75% - 100%	56-1857749
N.A. Bank Of America	Intermediary parent	1 Feb 1999	75% - 100%	94-1687665
Bank Of America Corporation	Ultimate parent	1 Jun 2002	75% - 100%	56-0906609
Llc Marsico Management Equity	Ultimate parent	1 Dec 2007	75% - 100%	26-1510167
Llc Marsico Parent Superholdco	Intermediate parent	1 Dec 2007	75% - 100%	26-1510184
Llc Marsico Parent Holdco	Intermediate parent	1 Dec 2007	75% - 100%	26-1510204
Thomas Frank Marsico	Principal	1 Dec 2007	50% - 75%	704522
Tfm Family Holdings Llc	Ultimate parent	1 Dec 2007	50% - 75%	26-1542371
Thomas Frank Marsico	Limited partner	1 Nov 2010	50% - 75%	704522
Llc Marsico Group	Largest shareholder	1 Nov 2010	25% - 50%	27-3889731
Llc Marsico Holdings	Intermediate parent	1 Nov 2010	75% - 100%	27-3888530
Tfm Holdings Partnership Lllp	Ultimate parent	1 Nov 2010	75% - 100%	84-1434993

Based in Denver

The principal office where Marsico Capital Management, LLC performs its advisory services is located at 1200 17 Th Street, Denver, CO 80202 5824, 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 303-454-5600 or by fax 303-454-5678. The normal business hours are 8:00am to 5:00pm mt on Monday - Friday. You can find more information about the New York firm at marsicocapital.com.