Mattern Capital Management, LLC (Denver)

Name: Mattern Capital Management, LLC
Address: 1144 15 Th Street, Denver, CO, 80202
Telephone: 720-710-2934

Mattern Capital Management, LLC is a large advisory firm based in Denver. It manages $472.88 million of regulatory assets for 1,043 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Colorado, and 3 other states.

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

Mattern Capital Management: assets under management

The assets under management (AUM) of Mattern Capital Management, LLC is $472.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $472.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $453.38 thousand each.

Mattern Capital Management has custody of $5.3 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is investment and business development companies, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mattern Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Mattern Capital Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Mattern Capital Management is high net worth individuals with 155 clients and $432.15 million of assets under management. Among the 7 most similar advisory firms, Mattern Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $472.88 million for 260 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Mattern Capital Management doesn't advise any private funds.

Careers at Mattern Capital Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Perry Joseph Mattern	Managing member	1 Oct 2018	75% - 100%	4168498
Caryn M Egbert	Chief compliance officer	1 Oct 2018	Other	2573716

Based in Denver

The principal office where Mattern Capital Management, LLC performs its advisory services is located at 1144 15 Th Street, Denver, CO 80202, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 720-710-2934 or by fax (720) 710-2924. The normal business hours are 7:30-4:30 on Monday - Friday. You can find more information about the New York firm at matterncapital.com.