Sims Capital Management LLC (Milwaukee)

Name: Sims Capital Management LLC
Address: 225 E. Mason Street, Milwaukee, WI, 53202
Telephone: (414) 765-1107

Sims Capital Management LLC is an investment adviser to an investment company based in Milwaukee. It manages $44.69 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Wisconsin.

Sims Capital Management provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sims Capital Management: assets under management

The assets under management (AUM) of Sims Capital Management LLC is $44.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $44.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.06 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 57% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sims 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 David Cary Sims serves?

The firm provides services to individuals and investment companies. The largest group of clients of David Cary Sims is investment companies with 2 clients and $39.36 million of assets under management. Among the 0 most similar advisory firms, Sims Capital Management has the 0th lowest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $44.69 million for 13 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.

Sims Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Sims Capital Management LLC

The company employs 2 people that are either part- or full-time employees. 100 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.

David Cary Sims has been acting as President since 1 Aug 2003. Andrew Daniel Sims joined the executive team most recently as the Analyst.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Cary Sims	President/manager and chief compliance officer	1 Aug 2003	50% - 75%	4741924
Luke Edward Sims	Manager	1 Aug 2003	50% - 75%	4742361
Andrew Daniel Sims	Analyst	1 Oct 2007	Other	5481519

Based in Milwaukee

The principal office where Sims Capital Management LLC performs its advisory services is located at 225 E. Mason Street, Milwaukee, WI 53202, 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 (414) 765-1107 or by fax N/A. The normal business hours are 9:00 a.m. to 5:00 pm on Monday - Friday. You can find more information about the New York firm at peregrineinvestmentfund.com.