C

CIP Capital Management, LLC

Updated today

Client assets under management

$2,642,178

Clients

8

0% high-net worth

Advisors

3

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

3

Very Low

Average account size

$330,272

About

CIP Capital Management provides advisory services to individual retail clients and to pension and profit-sharing plans, with an emphasis on retirement-plan consulting, selection and monitoring of investment lineups (including separately managed accounts on the AssetMark platform), and limited financial planning. The firm’s disclosures indicate it serves a small number of client relationships relative to its four-advisor team and reports approximately $2.6 million in assets under management.

CIP’s advisers rely on client-provided information to make recommendations and monitor accounts, and the firm does not accept investment discretion over client accounts; account reviews are continuous with formal reviews at least annually. Advice is provided using a mix of fundamental, technical, quantitative and qualitative analysis techniques, and fees are generally charged as a percentage of plan assets or via negotiated planning fees, billed through custodians or by direct invoicing tools.

The firm is affiliated with a FINRA-registered broker-dealer (DaVinci Capital Management) and its advisers also conduct broker-dealer and insurance activities (including relationships with outside insurers and an insurance subsidiary), which the brochure discloses can generate additional compensation and potential conflicts of interest. CIP also notes it does not receive soft-dollar benefits, does not take custody of client assets, and directs clients to select custodians for retirement plan assets—features that distinguish its operating model from many similarly sized advisory teams.

Client services

Financial planning Pension consulting Individual client consulting

Expertise

Social Security optimization Medicare planning Retirement income strategy

Fee options

Fixed

Financial planning flat fees range from $1,000 to $5,000 depending on service level and complexity.

Percentage

0.25% to 0.50% annually (negotiable, based on assets under management in 401(k) plans)

Commissions

Advisors may receive commissions through DaVinci Capital Management broker-dealer and insurance sales through affiliated insurance companies.

Project-based

Financial planning fees range from $100 to $250 per hour.

Main office location

CIP Capital Management, LLC

799 Cambridge Street

Cambridge MA 02141, United States

Number of offices

1

Most active in

Massachusetts

Disclosures

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

Business activities & affiliations

Quick links

Advisors at this firm

user avatar

Robert M

Series 63, Series 65

Cambridge, MA

CIP Capital Management, LLC

Robert Mcgowan is a financial advisor at Davinci Capital Management, Inc. in Cambridge, MA, with 20 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Davinci since 2005. In addition to his advisory role, Mcgowan is an insurance agency agent with The CIP Group. Davinci Capital Management provides advisory services to individual and high-net-worth clients as well as pension and profit-sharing plan sponsors. The firm offers asset management, financial planning, and retirement plan consulting using a range of analytical approaches and generally operates in a non-discretionary capacity.

Social Security optimization Medicare planning Retirement income strategy
user avatar

Gregg S

ChFC®, Series 63

Cambridge, MA

CIP Capital Management, LLC

Gregg Semprucci is a ChFC® credentialed financial advisor at Davinci Capital Management, Inc. in Cambridge, MA, with 37 years of industry experience. He has been with Davinci since 2007. Outside of his advisory role, he is involved in a separate insurance business providing health, dental, life, and long-term care insurance products. Davinci Capital Management serves individual and high-net-worth clients as well as pension and profit-sharing plan sponsors, offering asset management, financial planning, and retirement plan consulting. The firm employs a range of analytical approaches and generally operates in a non-discretionary capacity, with access to third-party money managers and a fee-in-lieu of commissions program.

Social Security optimization Medicare planning Retirement income strategy
user avatar

James M

Series 63, Series 65

Cambridge, MA

CIP Capital Management, LLC

James Mcsweeney is a financial advisor at Davinci Capital Management, Inc. in Cambridge, MA, with 37 years of industry experience. He has been with Davinci since 2001 and is also president of Comprehensive Insurance Providers, Inc., where he manages client service and day-to-day operations. Additionally, he owns SafeHire Investigations, a firm specializing in employment background checks and screening, and holds a real estate license. Davinci Capital Management provides advisory services to individual and high-net-worth clients as well as pension and profit-sharing plan sponsors, offering asset management, financial planning, and retirement plan consulting. The firm employs various analytical approaches and generally operates in a non-discretionary capacity, incorporating third-party managers and negotiated custodial arrangements.

Social Security optimization Medicare planning Retirement income strategy
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