Night Owl Capital Management, LLC (Greenwich)

Name: Night Owl Capital Management, LLC
Address: 55 Old Field Point Road, Greenwich, CT, 06830
Telephone: 203-302-3870

Night Owl Capital Management, LLC is a large advisory firm based in Greenwich. It manages $624.73 million of regulatory assets for 267 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

Night Owl Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Night Owl Capital Management: assets under management

The assets under management (AUM) of Night Owl Capital Management, LLC is $624.73 million. The firm's AUM has grown by 87% since the beginning of its operation, and $8.54 million of the total AUM is attributable to clients outside of the United States.

The firm manages $302.01 million in discretionary accounts and $322.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.25 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $12.91 million.

Night Owl Capital Management has custody of $41.53 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in government bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Night Owl 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.

What kind of clients Night Owl Capital Management serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Night Owl Capital Management is high net worth individuals with 91 clients and $557.96 million of assets under management. Among the 10 most similar advisory firms, Night Owl Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $624.73 million for 144 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Night Owl Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Night Owl Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
John Sang Hyun Kim	Managing director - chief compliance officer	1 Jul 2005	75% - 100%	4249417
Dean Allen Godown	Managing director	1 Jul 2005	Other	223493

Based in Greenwich

The principal office where Night Owl Capital Management, LLC performs its advisory services is located at 55 Old Field Point Road, Greenwich, CT 06830, 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 203-302-3870 or by fax 203-930-2811. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at nightowlcapital.com.