Destra Capital Advisors LLC (Chicago)

Name: Destra Capital Advisors LLC
Address: 444 West Lake Street, Chicago, IL, 60606
Telephone: 312-843-6161

Destra Capital Advisors LLC is a large advisory firm based in Chicago. It manages $450.03 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, California, Colorado, and 8 other states.

Destra Capital Advisors provides portfolio management for investment companies and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Destra Capital Advisors: assets under management

The assets under management (AUM) of Destra Capital Advisors LLC is $450.03 million. The firm's AUM has grown by 14417% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Destra Capital Advisors LLC for their services and products based on a percentage of assets under management. 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 Robert Watson serves?

The only and largest group of clients of Robert Watson is investment companies with 4 clients and $450.03 million of assets under management. Among the 10 most similar advisory firms, Destra Capital Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $450.03 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Destra Capital Advisors doesn't advise any private funds.

Careers at Destra Capital Advisors LLC

The company employs 20 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 15 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.

Robert Watson has been acting as President since 1 Dec 2014. Peter G Amendolair has served as the Chief Investment Officer since 1 Dec 2010. Myles Reid Blechner joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Destra Capital Management Llc	Member of destra capital advisors llc	1 Aug 2008	75% - 100%	90-0408284
Nicholas Nmn Dalmaso	President and general counsel	1 Aug 2008	Other	2246955
Destra Capital Management Llc	Manager of destra capital advisors llc	1 Mar 2010	75% - 100%	90-0408284
Anne Steele Kochevar	Chief compliance officer	1 Dec 2010	Other	1281519
Peter G Amendolair	Chief investment officer	1 Dec 2010	Other	2355915
Steven Mark Hill	Chief financial officer	1 Dec 2010	Other	1992944
Linda Marie Fryer	Chief financial officer	1 Sep 2013	Other	6135276
Walter Russell Costenbader	Chief compliance officer	1 Nov 2014	Other	1828345
Robert Watson	President	1 Dec 2014	Other	2163449
Christopher Gerard Clancy	Chief compliance officer	1 Dec 2016	Other	2232406
Myles Reid Blechner	Chief compliance officer	1 Jul 2017	Other	2709013

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dominic Carl Martellaro	Member of destra capital management llc	1 Mar 2010	Other	1271857
Arrowpoint Acquisition Vehicle Spc	Equity owner	1 Sep 2011	75% - 100%	foreign
Arrowmark Acquisition Vehicle Spc (Formerly Arrowpoint Acuisition Vehicle Spc)	Equity owner	1 Sep 2011	75% - 100%	foreign
Llc Apdcm Holdings	Equity owner	1 Dec 2016	25% - 50%	81-5313989
Llc Continuum Funds Holdings	Equity owner	1 Jul 2017	75% - 100%	82-1995609

Based in Chicago

The principal office where Destra Capital Advisors LLC performs its advisory services is located at 444 West Lake Street, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Palm Beach, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-843-6161 or by fax 312-843-6174. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at destracapital.com and its LinkedIn profile.