Running Point Capital Advisors, LLC
Running Point Capital Advisors LLC is a SEC-registered investment adviser headquartered in El Segundo, California. Founded in 2019 by principals James Schlager and Michael Ashley Schulman, the firm serves mainly high net worth individuals and some institutional clients. They provide discretionary portfolio management as well as bespoke investment advisory services tailored to the needs and goals of their clients. The firm has approximately 8-9 employees.
Investment Strategy
Running Point Capital Advisors develops personalized investment programs based on clients' individual financial situations, goals, and risk tolerance, then manages portfolios on a discretionary basis. Their recommendations cover money markets, equities (listed and OTC), mutual funds (active/passive), ETFs, closed-end funds, private equity, hedge funds, credit funds, real estate/REITs, municipal and government securities, and alternatives. Account supervision aligns with client objectives across growth, income, and tax considerations, with ongoing reviews and adjustments to meet clients’ changing needs.
Top Holdings
Equity Positions (183)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BIL | SPDR SERIES TRUST | 16.86% | $61.1M | 666,043 | $91.50 | $91.73 | +$12.6M |
B BILS | SPDR SERIES TRUST | 7.00% | $25.4M | 255,113 | $99.41 | $99.43 | +$11.9M |
Q QQQ | INVESCO QQQ TR | 5.73% | $20.8M | 37,620 | $320.57 | $551.64 | +$1.7M |
Q QQQM | INVESCO EXCH TRADED FD TR II | 4.98% | $18.0M | 79,443 | $164.97 | $227.10 | +$4.5M |
I IEMG | ISHARES INC | 4.81% | $17.4M | 290,570 | $54.12 | $60.03 | +$1.6M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | Sold | Call | $55.2K | 1 | $551.64 | $481.92 | -1 | -$38.6K |