1207 Capital Group, LLC (Chicago)

Name: 1207 Capital Group, LLC
Address: 400 North Michigan Avenue, Chicago, IL, 60611
Telephone: 312-690-6201

1207 Capital Group, LLC is a large advisory firm based in Chicago. It manages $122.51 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Illinois and New Mexico.

1207 Capital Group provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

1207 Capital Group: assets under management

The assets under management (AUM) of 1207 Capital Group, LLC is $122.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $122.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.63 million each.

1207 Capital Group has custody of $122.51 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 1207 Capital Group, LLC for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients 1207 Capital Group serves?

The only and largest group of clients of 1207 Capital Group is pooled investment vehicles with 4 clients and $122.51 million of assets under management. Among the 9 most similar advisory firms, 1207 Capital Group has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $122.51 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

1207 Capital Group also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $200,000 to $500,000.

Careers at 1207 Capital Group, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No 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
Robert Mark Jernigan	Managing member	1 Nov 2002	25% - 50%	258495
Robert Clayton Jernigan	Chief compliance officer	1 Sep 2012	25% - 50%	6130781
William Frederick Swee	Member	1 Jan 2016	Other	6630450

Based in Chicago

The principal office where 1207 Capital Group, LLC performs its advisory services is located at 400 North Michigan Avenue, Chicago, IL 60611, which is also the mailing address of the firm. An additional office of the firm is in Santa Fe, NM. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-690-6201 or by fax 312-690-6208. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at cimarrongrp.com.