Central States Capital Markets, LLC logo

Central States Capital Markets, LLC

Updated today

Client assets under management

$7,361,637

Clients

6

50% high-net worth

Advisors

6

of 6 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

1

Very Low

Average account size

$1,226,940

About

Central States Capital Markets provides discretionary portfolio management and investment advisory services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. The firm typically works with high-net-worth individuals and families and requires a written advisory agreement and the use of a qualified custodian for client assets.

The firm’s investment approach is value oriented, using fundamental analysis supplemented by technical tools and economic research, with portfolios generally held for longer-term horizons and rebalanced as market conditions or client needs change. Central States is dual-registered as an investment adviser and a broker-dealer and maintains a contractual performance-fee option for certain equity income strategies, although it has not historically implemented performance-based accounts.

Noteworthy aspects include the firm’s active broker-dealer affiliate role, including municipal underwriting, and the fact that senior management and some staff devote a substantial portion of their time to broker-dealer activities, a dynamic the firm discloses and addresses through policies and trade practices. The firm also discloses a history of regulatory actions and settlements related to municipal advisory and reporting matters, and it operates with a relatively concentrated client base.

Client services

Portfolio management

Expertise

Active portfolio management Retirement income strategy

Occupation focus

Founder/Business Owner

Fee options

Percentage

$0 - $1,000,000: Varies by equity allocation target from 0.53% to 1.25% $1,000,001 - $2,000,000: Varies by equity allocation target from 0.56% to 1.13% $2,000,001 - $3,000,000: Varies by equity allocation target from 0.60% to 1.06% $3,000,001 - $4,000,000: Varies by equity allocation target from 0.64% to 1.00% $4,000,001 - $5,000,000: Varies by equity allocation target from 0.68% to 0.94% $5,000,001+: Varies by equity allocation target from 0.53% to 0.88%

Commissions

CSCM is also a broker/dealer and receives commissions on securities transactions executed on behalf of client accounts.

Performance-based

Available for equity income portfolios with a performance fee up to 0.75% annually plus base management fee of 0.50%, total not exceeding 1.25%; performance fee is 10% of returns exceeding 3.5% per year.

Other

Account minimum: $250,000

Main office location

Central States Capital Markets, LLC

4200 W 83 Rd Street, Suite 101

Prairie Village KS 66208, United States

Number of offices

1

Most active in

Iowa · Kansas · Missouri

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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