Cribstone Capital Management, Llc (Augusta)
Cribstone Capital Management, Llc Is a Large Advisory Firm Based in Augusta. It Manages $470.1 Million of Regulatory Assets for 1,409 Client Accounts. It Has...
Cribstone Capital Management, LLC is a large advisory firm based in Augusta. It manages $470.1 million of regulatory assets for 1,409 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Colorado, Florida, Maine, and 4 other states.
Cribstone 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 prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
Cribstone Capital Management: assets under management
The assets under management (AUM) of Cribstone Capital Management, LLC is $470.1 million. The firm's AUM has grown by 81% since the beginning of its operation, and $831.97 thousand of the total AUM is attributable to clients outside of the United States.
The firm manages $408.8 million in discretionary accounts and $61.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $324.18 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $414.25 thousand.
Cribstone Capital Management has custody of $141.21 million in cash and securities for 266 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 19% of the total invested assets.
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