Coign Capital Advisors LLC (Draper)

Name: Coign Capital Advisors LLC
Address: 12012 South 700 E., Draper, UT, 84020
Telephone: 801-676-4570

Coign Capital Advisors LLC is a large advisory firm based in Draper. It manages $140.15 million of regulatory assets for 533 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Colorado, Idaho, Texas, and Utah.

Coign Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Coign Capital Advisors: assets under management

The assets under management (AUM) of Coign Capital Advisors LLC is $140.15 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $140.15 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $262.95 thousand each.

Coign Capital Advisors has custody of $117 million in cash and securities for 200 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 55% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 15% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coign Capital Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Coign Capital Advisors serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Coign Capital Advisors is high net worth individuals with 150 clients and $115 million of assets under management. Among the 11 most similar advisory firms, Coign Capital Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $140.15 million for 222 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.

Coign Capital Advisors doesn't advise any private funds.

Careers at Coign Capital Advisors LLC

The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Matthew Zundel	Managing member and chief compliance officer	1 Apr 2014	75% - 100%	2310284
James Matthew Zundel	Managing member and chief compliance officer	1 May 2014	75% - 100%	2310284
Kirsten Zundel	Managing member	1 Dec 2017	Other	6914372

Based in Draper

The principal office where Coign Capital Advisors LLC performs its advisory services is located at 12012 South 700 E., Draper, UT 84020, 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 801-676-4570 or by fax 801-676-4565. The normal business hours are 8:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at coigncapital.com.