Fairbanks Capital Management, Inc. (Rancho Santa Fe)

Name: Fairbanks Capital Management, Inc.
Address: 16236 San Dieguito Rd., Rancho Santa Fe, CA, 92067
Telephone: (858) 759-0617

Fairbanks Capital Management, Inc. is a large advisory firm based in Rancho Santa Fe. It manages $171.58 million of regulatory assets for 83 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

Fairbanks Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fairbanks Capital Management: assets under management

The assets under management (AUM) of Fairbanks Capital Management, Inc. is $171.58 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $171.58 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.07 million each.

Fairbanks Capital Management has custody of $47.94 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fairbanks Capital Management, Inc. 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 Fairbanks Capital Management serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Fairbanks Capital Management is high net worth individuals with 63 clients and $120.26 million of assets under management. Among the 12 most similar advisory firms, Fairbanks Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $171.58 million for 83 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Fairbanks Capital Management also advises several private funds. Namely, six real estate funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $50,000.

Careers at Fairbanks Capital Management, Inc.

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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
Steven Lee Re	Chief executive officer, chief financial officer, chief legal officer, chief investment officer	1 Dec 1995	75% - 100%	822483
Anthony Michael Re	Chief compliance officer, vice president, chief operating officer	1 Dec 2015	Other	6595553

Based in Rancho Santa Fe

The principal office where Fairbanks Capital Management, Inc. performs its advisory services is located at 16236 San Dieguito Rd., Rancho Santa Fe, CA 92067 The mailing address of the firm is P.O. Box 9676, Rancho Santa Fe, CA 92091. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (858) 759-0617 or by fax (858) 832-8053. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at qualitygrowth.com.