Sands Capital Management, LLC is a fee-only firm based in Arlington, Virginia. The firm works with both individual and institutional clients. It provides its clients with a variety of portfolio management services.
As a fee-only operation, all of Sands Capital's compensation comes from client-paid fees. On the other hand, a fee-based firm would earn both client-paid fees and third-party compensation, like insurance sales commissions.
Sands Capital Management Background
Sands Capital Management was founded in 1992. A parent company, Sands Capital Management, LP holds a majority interest in the investment advisor. Sands Family Trust, LLC, the general partner of the parent company, also has a nominal interest in the firm and serves as the manager.
Sands Capital Management Client Types and Minimum Account Sizes
Sands accepts both individual and institutional clients. More of their individual clients are non-high-net-worth, but high-net-worth clients are also on the rolls. Institutional clients include banking or thrift institutions, investment companies, pooled investment vehicles, pension and profit-sharing plans, charitable organizations, state or municipal government entities, sovereign wealth funds/foreign official institutions, corporations, non-U.S. pension funds and superannuation funds.
The minimum account size at Sands depends on the strategy used. For the Global Growth strategy and the Emerging Markets Growth strategy, it is $100 million. For all others, it is $50 million.
Services Offered by Sands Capital Management
Services Sands offers include:
- Investment advisory
- Investment management
- Various investment strategies
Sands Capital Management Investment Philosophy
The following strategies are available at Capital Management:
- Select Growth
- Select Growth (Wealth Management)
- Global Growth
- Global Leaders
- Emerging Markets Growth
- Technology Innovators
- Focus Strategies
Fees Under Sands Capital Management
The fees at Sands depend on the strategy used. All have a management fee and some also include a performance-based fee. The fee schedules at the firm go as follows:
| Select Growth Fee Schedule | |
| AUM | Annual Fee |
| First $50,000,000 | 0.75% |
| All over $50,000,000 | 0.50% |
| Select Growth (Wealth Management) Fee Schedule | |
| AUM | Annual Fee |
| First $10,000,000 | 1.00% |
| Next $40,000,000 | 0.75% |
| All over $50,000,000 | 0.50% |
| Global Growth Fee Schedule | |
| AUM | Annual Fee |
| First $50,000,000 | 0.85% |
| Next $200,000,000 | 0.65% |
| Above $250,000,000 | 0.55% |
| Global Leaders and Global Shariah Fee Schedule | |
| AUM | Annual Fee |
| First $50,000,000 | 0.85% |
| Next $200,000,000 | 0.65% |
| All over $250,000,000 | 0.55% |
| Emerging Markets Growth and International Growth Fee Schedule | |
| AUM | Annual Fee |
| First $50,000,000 | 0.85% |
| Next $200,000,000 | 0.65% |
| All over $250,000,000 | 0.55% |
| Technology Innovators Fee Schedule | |
| AUM | Annual Fee |
| All Assets | 0.50% base fee, plus 20% of the annualized excess return versus a benchmark |
| Focus Strategies Fee Schedule | |
| AUM | Annual Fee |
| All Assets | 0.50% base fee, plus 20% of the annualized excess return versus a benchmark |
What to Watch Out For
Sands Capital Management has no disclosures present on its latest SEC-filed Form ADV.
Make sure you are aware of how the fees work if you are investing in a strategy with performance-based fees. Also, note that this firm does not perform financial planning services like estate planning or retirement planning. If you are looking for a financial advisor who will also help you plan your future, this is not the advisor for you.
Opening an Account With Sands Capital Management
Interested in working with Sands? You can send the firm an email or reach out over the phone at (703) 562-4000.
All information is accurate as of the writing of this article.
Tips for Investment
- An advisor takes the mystery out of investing and helps you plan for the future. SmartAsset's free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
- Use SmartAsset’s retirement calculator to see how much money you’ll need to retire comfortably and see if you are on track.
