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Matrix Private Capital Group

Updated today

Client assets under management

$450,535,330

Clients

208

60% high-net worth

Advisors

3

of 8 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

69

Typical

Average account size

$2,166,035

About

Matrix primarily serves high net worth individuals, families and their related trusts and estates through customized wealth management and separately managed accounts, and also acts as investment manager to private pooled vehicles. In addition to portfolio management for individuals, the firm organizes and sponsors private special-purpose co-investment vehicles that co-invest alongside unaffiliated private equity firms.

The firm’s wealth management process is solutions-driven, combining strategic (and where appropriate tactical) asset allocation across traditional and alternative asset classes with ongoing manager due diligence and customized portfolio policies. Matrix implements client portfolios largely by selecting third‑party managers and separately managed accounts, and supplements custodial reporting with periodic performance and risk reporting tailored to client circumstances.

Compared with many peers, Matrix both sponsors private pooled vehicles and functions as a private fund adviser, earning performance‑based compensation (carried interest) from those entities while also managing client accounts. That structure—recommending client investments into affiliated co‑investment vehicles and waiving its standard wealth management charge on assets allocated to those vehicles—creates potential conflicts that the firm addresses through allocation procedures, disclosure and ongoing reporting.

Client services

Portfolio management Selection of other advisers

Expertise

Private / alternative investments Wealth management

Fee options

Fixed

Negotiated fixed fee for non-discretionary advisory services on a client-by-client basis

Percentage

$0+: up to 1.5% annually for discretionary wealth management services $0+: no more than 1.5% annually for non-discretionary assets under advisement

Performance-based

Carried Interest: 10% for Banff, up to 12.5% for Veritas, 15% for Denali and Novva SPVs on cumulative distributions in excess of capital contributed with certain hurdle amounts for some SPVs

Main office location

Matrix Private Capital Group

500 West Madison Street, Suite 1000

Chicago IL 60661, United States

Number of offices

4

Most active in

Arizona · California · Florida · Illinois · Indiana · Michigan · New Jersey · New York · North Carolina · Texas · Utah · Virginia

Disclosures

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

Business activities & affiliations

Advisors at this firm

user avatar

Thomas B

Series 63, Series 65

Chicago, IL

Matrix Private Capital Group

Thomas Bruce is a financial advisor at Matrix Private Capital Group with 22 years of industry experience. He holds Series 63 and Series 65 licenses. Prior to joining Matrix in 2019, he worked at Morgan Stanley Private Bank and Morgan Stanley Smith Barney from 2009 to 2019. Matrix Private Capital Group provides customized wealth management and advisory services to high-net-worth individuals, families, and related trusts and estates. The firm combines traditional fixed income and equity strategies with alternative investments through a disciplined asset-allocation framework and actively sponsors private special-purpose co-investment vehicles alongside unaffiliated private equity firms.

Private / alternative investments Wealth management
user avatar

Scott W

CFP®, Series 63, Series 65

Park City, UT

Matrix Private Capital Group

Scott Weissman is a CFP® with 29 years of industry experience, currently serving at Matrix Private Capital Group since 2019. Prior to joining Matrix, he worked at Morgan Stanley Private Bank and Morgan Stanley Smith Barney for a combined total of 14 years. Matrix Private Capital Group provides customized wealth management and advisory services to high-net-worth individuals, families, and related trusts and estates. The firm combines traditional fixed income and equity exposures with alternative strategies through a solutions-driven investment process and also sponsors private co-investment vehicles alongside unaffiliated private equity firms.

Private / alternative investments Wealth management
user avatar

Marisa C

Series 66

Phoenix, AZ

Matrix Private Capital Group

Marisa Camp is a financial advisor at Matrix Private Capital Group with 13 years of industry experience. She holds the Series 66 designation and has previously worked at Neuberger Berman LLC and Cresset Asset Management. Matrix Private Capital Group provides customized wealth management and advisory services to high-net-worth individuals, families, and related trusts and estates. The firm combines traditional investment approaches with alternative strategies and manages private co-investment vehicles alongside unaffiliated private equity firms.

Private / alternative investments Wealth management
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