Form ADV Part 2A
Download PDFThis brochure provides information about the qualifications and business practices of Blank Capital Partners LLC. If you have any questions about the contents of this brochure, please contact us at marques@blankcp.com. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority.
Item 1: Cover Page
Blank Capital Partners LLC is a Registered Investment Advisor. This brochure is required by applicable securities regulations and provides clients and prospective clients with information that should be considered before or at the time of engaging our advisory services.
Item 2: Material Changes
This section will be updated to reflect any material changes to the brochure since the last annual update. Clients will receive a summary of material changes or the complete updated brochure within 120 days of our fiscal year-end.
Item 4: Advisory Business
Blank Capital Partners LLC intends to provide discretionary and non-discretionary investment advisory services to high-net-worth individuals and families through Separately Managed Accounts (SMAs). Services will include investment management, financial planning, tax strategy considerations, and estate planning considerations.
We tailor our advisory services to the individual needs of each client based on their investment objectives, risk tolerance, time horizon, and financial circumstances. Clients may impose reasonable restrictions on investing in certain securities or types of securities.
Item 5: Fees and Compensation
Blank Capital Partners charges an annual advisory fee based on a percentage of assets under management, with a maximum annual rate of 1.25% of AUM. Fees are billed monthly in arrears. The actual fee rate is determined based on the complexity of services, the level of assets under management, and the overall client relationship. Specific fee rates are documented in each client's Investment Advisory Agreement (Schedule A). Please refer to our Fee Schedule for additional details on billing methodology and other costs. We do not accept commissions, 12b-1 fees, or any form of third-party compensation.
Item 6: Performance-Based Fees
Blank Capital does not charge performance-based fees for standard advisory accounts.
Item 7: Types of Clients
Blank Capital provides advisory services to individuals, high-net-worth individuals, trusts, estates, corporations, and other business entities.
Item 8: Methods of Analysis, Investment Strategies, and Risk of Loss
Our primary method of analysis is quantitative factor modeling using our proprietary quantitative methodology. The strategy evaluates equities across six orthogonal factors: Quality, Value, Momentum, Low Volatility, Earnings Yield, and Short Interest. Investing involves risk, including possible loss of principal. Clients should be prepared to bear the risk of loss.
Item 10: Other Financial Industry Activities and Affiliations
Marques Blank operates Blank Capital Research, a separate quantitative equity research publication. Blank Capital Research publishes general, impersonal equity analysis and is operated as a bona fide publication. It is a separate business from Blank Capital Partners LLC.
Item 12: Brokerage Practices
Client accounts are maintained at qualified custodians including Altruist, Charles Schwab, and Fidelity. We recommend custodians based on factors including execution quality, cost, research, and the overall value of services provided.
Item 14: Client Referrals and Other Compensation
Blank Capital does not pay referral fees and does not receive compensation from any third party for recommending investment products or services.
Item 16: Investment Discretion
Blank Capital exercises discretionary authority over client accounts, meaning we have the authority to determine the securities and amounts to be bought or sold without obtaining client consent for each transaction. Discretionary authority is granted through our Investment Advisory Agreement.