C2 P Capital Advisory Group, LLC (Westlake)


C2 P Capital Advisory Group, LLC is a large advisory firm based in Westlake. It manages $936.97 million of regulatory assets for 5,890 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Arizona, California, and 30 other states.

C2 P Capital Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 2,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

C2 P Capital Advisory Group: assets under management

The assets under management (AUM) of C2 P Capital Advisory Group, LLC is $936.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3416% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $936.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $159.08 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 48% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 36% of the firm’s portfolio. Investments in state and local bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay C2 P Capital Advisory Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 C2 P Capital Advisory Group serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of C2 P Capital Advisory Group is individuals with 2,797 clients and $411.22 million of assets under management. Among the 8 most similar advisory firms, C2 P Capital Advisory Group has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $501.59 million for 2,852 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.

C2 P Capital Advisory Group doesn't advise any private funds.

Careers at C2 P Capital Advisory Group, LLC

The company employs 75 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 40 employees are registered as investment adviser representatives with the state securities authorities.

There are 15 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jason L Smith Managing member and chief compliance officer 1 Feb 2011 50% - 75% 5738415
Scott Richard Chakan Managing member 1 Feb 2011 25% - 50% 5402418
Jason L Smith Managing member 1 Mar 2011 50% - 75% 5738415
Scott Richard Chakan Managing member 1 Mar 2011 25% - 50% 5402418
David Matthew Alison Member 1 Aug 2011 Other 5425119
Juan Pablo Terra Member 1 Aug 2011 Other 5975010
Clinton Shane Pelfrey Member 1 Aug 2011 Other 5975011
Juan Pablo Ferra Member 1 Aug 2011 Other 5975010
Clint Pelfrey Member/chief compliance officer 1 Aug 2011 Other 5975011
Matthew Stephen Hardin Chief compliance officer 1 Feb 2015 Other 2366634
Clinton Shane Pelfrey President and cio - institutional services 1 Feb 2015 Other 5975011
Dennis Robert Kyle Member 1 Sep 2015 Other 2409406
Jennifer Ann Mackert Chief project manager 1 Sep 2015 Other 2639752
Jennifer Ann Mackert Chief administrative officer 1 Apr 2017 Other 2639752
Douglas Stephan King President & ceo 1 Apr 2017 Other 1375683
Jennifer Rechlitz Relien Cco 1 Feb 2018 Other 2838904
Jason L Smith Executive chairman 1 Aug 2018 Other 5738415
David Matthew Alison Executive vice president 1 Aug 2018 Other 5425119
Juan Pablo Terra Treasurer 1 Aug 2018 Other 5975010
Llc C2p Enterprises Sole member 1 Aug 2018 75% - 100% 81-5379076

Based in Westlake

The principal office where C2 P Capital Advisory Group, LLC performs its advisory services is located at 30400 Detroit Road, Westlake, OH 44145 The mailing address of the firm is 30400 Detroit Road, Westlake, OH 44145. An additional office of the firm is in Aiken, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 440-875-6555 or by fax 440-848-8572. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at prosperitycapitaladvisors.com and its LinkedIn profile.