Blue Point Capital Partners LLC (Cleveland)

Name: Blue Point Capital Partners LLC
Address: 127 Public Square, Cleveland, OH, 44114
Telephone: 216-535-4700

Blue Point Capital Partners LLC is a large advisory firm based in Cleveland. It manages $1.3 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of North Carolina, Ohio, and Washington.

Blue Point Capital Partners provides portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Blue Point Capital Partners: assets under management

The assets under management (AUM) of Blue Point Capital Partners LLC is $1.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 221% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.3 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $108.7 million each.

Blue Point Capital Partners has custody of $1.3 billion in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blue Point Capital Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Blue Point Capital Partners serves?

The only and largest group of clients of Blue Point Capital Partners is pooled investment vehicles with 12 clients and $1.3 billion of assets under management. Among the 12 most similar advisory firms, Blue Point Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.3 billion for 12 clients. None of the firm’s clients are foreign persons or businesses.

Blue Point Capital Partners also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Blue Point Capital Partners LLC

The company employs 22 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. No 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
David Paul Given	Member	1 Feb 2000	Other	1648911
John Francis Kirby	Member	1 Feb 2000	Other	6028181
Lisa Simecek Root	Chief compliance officer	1 Feb 2012	Other	6028182
John Andre Lemay	Member	1 Dec 2013	Other	6318358
Sean Paul Ward	Member	1 Dec 2013	Other	6318361
Charles Mark Chaikin	Member	1 Dec 2013	Other	2893003
Colleen Ann Greenrod	Chief compliance officer	1 Sep 2015	Other	4537991

Based in Cleveland

The principal office where Blue Point Capital Partners LLC performs its advisory services is located at 127 Public Square, Cleveland, OH 44114, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-535-4700 or by fax 216-535-4701. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at bluepointcapital.com.