Stellus Capital Management, LLC is a large advisory firm based in Houston. It manages $1.52 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 Maryland and Texas.
Stellus Capital Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Stellus Capital Management, LLC is $1.52 billion. The firm's AUM has grown by 58% since the beginning of its operation, and $84.36 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Stellus Capital Management, 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.
The firm provides services to pooled investment vehicles and business development companies. The largest group of clients of Stellus Capital Management is pooled investment vehicles with 11 clients and $995.26 million of assets under management. Among the 11 most similar advisory firms, Stellus Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.52 billion for 12 clients. 17% of the firm’s clients are foreign persons or businesses.
Stellus Capital Management also advises several private funds. Namely, eight private equity funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.
The company employs 29 people that are either part- or full-time employees. 66 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.
The principal office where Stellus Capital Management, LLC performs its advisory services is located at 4400 Post Oak Parkway, Houston, TX 77027, which is also the mailing address of the firm. An additional office of the firm is in Bethesda, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-292-5400 or by fax 713-292-5460. The normal business hours are 9:00am-5:30pm on Monday - Friday. You can find more information about the New York firm at stelluscapital.com.