Cardan Capital Partners, LLC (Denver)

Name: Cardan Capital Partners, LLC
Address: 100 Saint Paul Street, Denver, CO, 80206
Telephone: (720) 799-8820

Cardan Capital Partners, LLC is a large advisory firm based in Denver. It manages $702.54 million of regulatory assets for 1,879 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Colorado, and 4 other states.

Cardan Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cardan Capital Partners: assets under management

The assets under management (AUM) of Cardan Capital Partners, LLC is $702.54 million. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $666.2 million in discretionary accounts and $36.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $354.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $36.34 million.

Cardan Capital Partners has custody of $76.86 million in cash and securities for 265 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 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cardan Capital Partners, 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 Cardan Capital Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Cardan Capital Partners is high net worth individuals with 223 clients and $637.11 million of assets under management. Among the 10 most similar advisory firms, Cardan Capital Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $662.79 million for 314 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.

Cardan Capital Partners doesn't advise any private funds.

Careers at Cardan Capital Partners, LLC

The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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
Martha Jeanne Awad	Member & chief financial officer	1 Nov 2015	Other	4461956
Ross Alexander Fox	Member & chief compliance officer	1 Nov 2015	25% - 50%	1085417
Sarah Lyn Keys	Member & chief operating officer	1 Nov 2015	Other	5317433
Matthew Aram Papazian	Managing member & chief investment officer	1 Nov 2015	25% - 50%	1996240

Based in Denver

The principal office where Cardan Capital Partners, LLC performs its advisory services is located at 100 Saint Paul Street, Denver, CO 80206, 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 (720) 799-8820 or by fax (720) 799-8821. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at cardancapital.com/.