Saxony Capital Management LLC. (Saint Louis)


Saxony Capital Management LLC. is a large advisory firm based in Saint Louis. It manages $257.22 million of regulatory assets for 783 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, Arkansas, California, and 21 other states.

Saxony Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Saxony Capital Management: assets under management

The assets under management (AUM) of Saxony Capital Management LLC. is $257.22 million. The firm's AUM has grown by 677% since the beginning of its operation, and $3.26 million of the total AUM is attributable to clients outside of the United States.

The firm manages $131.05 million in discretionary accounts and $126.17 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $206.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $846.79 thousand.
Saxony Capital Management has custody of $68.3 million in cash and securities for 90 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 48% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Saxony Capital Management LLC. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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 Saxony Capital Management serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Saxony Capital Management is high net worth individuals with 155 clients and $133.61 million of assets under management. Among the 11 most similar advisory firms, Saxony Capital Management has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $256.81 million for 558 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.

Saxony Capital Management also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Saxony Capital Management LLC.

The company employs 2 people that are either part- or full-time employees. No employees work as investment advisers or researchers. 2 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 receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Saxony Financial Holdings Sole member 1 Sep 2002 75% - 100% 47-0889869
Mark Stephen Thompson Chief compliance officer 1 Nov 2006 Other 2975026
Brian Lesley Clark Senior vice president 1 Mar 2008 Other 4802438
John Cooper Hederman Compliance officer 1 Nov 2017 Other 6378975

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Richard Edward Griffard Member 1 Sep 2002 25% - 50% 2472251
Charles Andrew Dairaghi Member 1 Sep 2002 Other 4449265
James Henry Scheidt Member 1 Jul 2004 Other 2429462
Richard Stephen Scafidi Active 1 Jul 2004 Other 1492828
Scott Michael Elder Active 1 Jul 2004 Other 1295034
Brian Lesley Clark Member 1 Apr 2006 Other 4802438
Brian L Clark Active 1 Apr 2006 Other 4802438
Charles Andrew Dairaghi Member 1 Nov 2016 25% - 50% 4449265

Based in Saint Louis

The principal office where Saxony Capital Management LLC. performs its advisory services is located at 7401 Watson Rd, Saint Louis, MO 63119, which is also the mailing address of the firm. An additional office of the firm is in Moorestown, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-963-9336 or by fax 314-754-0027. The normal business hours are 8:00 am - 4:30 pm on Monday - Friday.