Noesis Capital Management Corp (Boca Raton)

Name: Noesis Capital Management Corp
Address: Fountain Square, 2700 North Military Trail, Boca Raton, FL, 33431
Telephone: 561-999-9888

Noesis Capital Management Corp is a large advisory firm based in Boca Raton. It manages $495.64 million of regulatory assets for 853 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, California, Florida, and 8 other states.

Noesis Capital Management Corp 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 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Noesis Capital Management Corp: assets under management

The assets under management (AUM) of Noesis Capital Management Corp is $495.64 million. The firm's AUM has grown by 451% since the beginning of its operation, and $80.46 million of the total AUM is attributable to clients outside of the United States.

The firm manages $425.25 million in discretionary accounts and $70.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $560.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $748.91 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is investment and business development companies, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Noesis Capital Management Corp 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 Noesis Capital Management Corp 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 Noesis Capital Management Corp is high net worth individuals with 134 clients and $345.77 million of assets under management. Among the 10 most similar advisory firms, Noesis Capital Management Corp has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $495.64 million for 390 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 11% of the firm’s clients are foreign persons or businesses.

Noesis Capital Management Corp doesn't advise any private funds.

Careers at Noesis Capital Management Corp

The company employs 15 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Jeremiah Otto Spitzberg	Vice president - portfolio manager	1 Jul 1995	Other	2262146
Nicolaas Bernardus Letschert	Ceo/chief compliance officer	1 Jul 1995	Other	874768
Inc. Noesis International Holdings	Owner	1 Jul 1995	75% - 100%	65-0377255
Nicolaas Bernardus Maria Letschert	Ceo/chief compliance officer	1 Jul 1995	Other	874768
Joseph Tsung Lai	Vice president-chief portfolio manager	1 Jul 1995	Other	2029025
Cory Brett Nass	Chief compliance officer	1 Sep 2004	Other	2363972
Nicolaas Bernardus Maria Letschert And Elisabeth Anna Johanna Letschert Tenants By The Entirety	Owner	1 Sep 2018	75% - 100%	00-0000000

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Nicolaas Bernardus Letschert	Ceo	1 Jul 1991	75% - 100%	874768

Based in Boca Raton

The principal office where Noesis Capital Management Corp performs its advisory services is located at Fountain Square, 2700 North Military Trail, Boca Raton, FL 33431, 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 561-999-9888 or by fax 561-994-2893. The normal business hours are 8:30 to 5:30 on Monday - Friday. You can find more information about the New York firm at noesis-capital.com.