Cove Street Capital, LLC

RIASEC RegisteredEst. 2011

Total AUM

$93.8M

Discretionary

$93.8M

100% of AUM

Avg account

$5.2M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Hermosa Beach, California
CRD number: 156260
Registered since: March 23, 2011
Website: www.covestreetcapital.com
Custodians: MECHANICS BANK, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Corporations / Businesses56.77%
HNWI28.34%
Pooled Investment Vehicles14.34%
Individuals0.54%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Cove Street Capital, LLC is a SEC-registered investment adviser organized as an LLC that has been operating since 2011. The firm functions primarily as a hedge fund manager and provides portfolio management to individuals, small businesses, pooled investment vehicles and institutional clients. Its ownership is individual and its fee structure combines a percentage-of-assets model with performance-based fees. The firm is not positioned as a broad capital allocator; it also acts as sponsor, general partner and managing member of pooled investment vehicles rather than simply placing client capital with third-party managers. Cove Street does not describe itself as an active ESG investor.