Zeke Capital Advisors, LLC
Zeke Capital Advisors (ZCA) is a financial advisor firm with billions of dollars in assets under management (AUM). Zeke Capital's home office is located in Berwyn, Pennsylvania, and its motto is "By Investors. For Investors." The firm offers services such as portfolio managment, holistic wealth planning, direct investing and more. The firm works with individuals, families and foundations, and runs its own investment funds.
As a fee-only firm, all of Zeke Capital's compensation comes from client-paid fees. A fee-based firm, on the other hand, earns both client-paid fees and third-party compensation, like insurance commissions.
Zeke Capital Advisors Background
Zeke Capital Advisors, LLC was founded by managing member Edward Antoian on January 1, 2008. The investment advisory firm is 55% directly owned by Antoian, 41% owned by principal Norbone Smith and 4% owned by an external passive member. Antoian acts as partner, and Gee Smith acts as president. According to the firm's website, Zeke Capital Advisors is a multi-family office.
The staff at this firm holds a wide variety of advisory certifications. These include chartered financial analyst (CFA), chartered alternative investment analyst (CAIA), certified public accountant (CPA) and more.
Zeke Capital Advisors Client Types and Minimum Account Sizes
Zeke Capital Advisors advises the following types of clients:
- High-net-worth individuals and families
- Pooled investment vehicles (hedge funds, real estate funds, private equity funds etc.)
The minimum opening value of new accounts at the firm is generally $20 million, with a $100,000 minimum annual fee. The firm may accept accounts with a value of less than this amount at its own discretion and based on certain factors.
Services Offered by Zeke Capital Advisors
Zeke Capital Advisors offers investment advisory services on both a discretionary basis as well as non-discretionary basis. It provides services based on the client's financial needs, goals and other factors, including return objectives, tax situation, risk tolerance, other client assets and obligations, relevant legal considerations and other investment restrictions applicable to and communicated by the client. ZCA obtains this information from the initial client interview and constructs a portfolio of securities based on the client's individual needs, risk tolerance and objectives. The firm allocates client assets to affiliated funds and unaffiliated investment managers in a variety of ways.
ZCA is the general partner for 12 pooled investment vehicles. These include ZCA Apex Corporate Partners, ZCA Chesterbrook, ZCA Devon Park Drive, ZCA Focus Fund, ZCA Front Street QOF, ZCA Global Equity Strategy, ZCA GTI, ZCA Hedged Credit Strategy, ZCA Long/Short Strategy, ZCA Niche Credit Opportunities Fund, ZCA Private Investments Fund and ZCA Rock Island.
Zeke Capital Advisors Investing Philosophy
Advisors at Zeke Capital Advisors may use one or more of the following strategies for managing assets:
- Long-term purchases of securities
- Short-term purchases of securities
- Trading securities
- Short sales (securities transactions in which the investor sells in anticipation of a price decline)
- Margin transactions: securities transactions in which the investor borrows money to purchase a security, making the security collateral on the loan
- Option purchases and option writing
Evaluation and selection of sub-advisors and third-party money managers comprises a significant focus of the firm's research. The firm uses quantitative and qualitative methods in this ongoing process, making sure to regularly monitor the performance of these advisors and managers.
Fees Under Zeke Capital Advisors
Zeke Capital Advisors establishes client fees in the client's written agreement with ZCA. The firm's fees are negotiable and clients are billed on a quarterly basis in arrears. The firm charges a fee based on AUM on the last trading day of each calendar quarter. This fee ranges anywhere from 0.20% to 1.00%, depending on the complexity and nature of the advisory services the firm will render. The firm calculates the value of client assets based on the value that the asset custodian ascribes to them.
With regards to shares of or interests in mutual funds, hedge funds, private equity funds and similar pooled investment vehicles, fees will be based on prices provided by the fund itself. Additionally, Zeke Capital Advisors may, in good faith, value certain other assets at fair market value.
Investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount and which the client may incur. In a similar fashion, the firm may invest (or recommend the investment of) client assets with sub-advisors or third-party money managers through separate or other accounts. In this case, client assets will be subject to certain fees in addition to ZCA's management fees.
What to Watch Out For
Zeke Capital Advisors does not list any legal or regulatory disclosures on its SEC-filed Form ADV.
Opening an Account With Zeke Capital Advisors
To open an account with Zeke Capital Advisors, you can visit the firm's website or call (610) 572-4529.
All information is accurate as of the writing of this article.
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