Royal Palms Capital, LLC (Rolling Hills Est.)


Royal Palms Capital, LLC is an adviser based in Rolling Hills Est.. It manages $58.2 million of regulatory assets for 219 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California and Florida.

Royal Palms Capital provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Royal Palms Capital: assets under management

The assets under management (AUM) of Royal Palms Capital, LLC is $58.2 million. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $57.55 million in discretionary accounts and $649.78 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $276.69 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $59.07 thousand.

Fees & Commissions

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

Careers at Royal Palms Capital, LLC

Royal Palms Capital, LLC is owned by Charles Nuzum Penny. Viky Maribel Salazar joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kristin Hetzer Chief executive officer/chief compliance officer 1 Jan 2004 75% - 100% 1098705
Charles Nuzum Penny Owner 1 Apr 2005 Other 4948501
Kristin Hetzer Chief compliance officer 1 Apr 2005 75% - 100% 1098705
Viky Maribel Salazar Administrative officer/operational officer/compliance officer 1 Jun 2005 Other 2589742
Viky Maribel Salazar Chief compliance officer 1 Jan 2007 Other 2589742
Kristin Hetzer Chief compliance officer 1 Oct 2008 75% - 100% 1098705

Based in Rolling Hills Est.

The principal office where Royal Palms Capital, LLC performs its advisory services is located at 501 Deep Valley Drive, Rolling Hills Est., CA 90274 The mailing address of the firm is 501 Deep Valley Drive, Rolling Hills Estates, CA 90274. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310 265-5939 or by fax 310 544-5156. The normal business hours are 9:00 am - 4:00 pm on Monday - Friday.