Third Day Capital Management, LLC
Assets Under Management
$27.1M
Number of Clients
23
Number of Advisors
1
Average Client AUM
$1.2M
AUM per Advisor
$27.1M
Compensation
Fee-Only (AUM)
About This Firm
Third Day Capital Management offers discretionary investment management services for individuals, families, and businesses, along with ancillary services like financial planning, business succession planning, and philanthropic planning. The firm develops an Investment Policy Statement (IPS) with each client and manages portfolios using individual stocks and bonds, and ETFs, globally diversified. They also consult with businesses on retirement plans.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $100.0M | 0.75% |
| $100M+ | 0.75% |
Fees are generally not negotiable, but a different fee schedule was negotiated with a large client in 2017.
Fee Estimator
Third Day Capital Management charges an annual fee based on a percentage of assets managed, as shown in the rate table. Investment management fees are generally not negotiable, though a different fee schedule was negotiated with a large client in 2017. Fees are calculated at the end of each quarter and paid in advance, withdrawn directly from client accounts. Clients also incur fees from other entities, such as ETF management fees and brokerage fees.
Areas of Practice
Location
4600 South Syracuse Street, 9th Floor, Denver, CO, 80237