Union Capital Company
- Regulatory AUM
- $150M
- Discretionary
- $3.0M
- Clients
- 414
- Avg AUM / client
- $362K
- Accounts
- 414
- Employees
- 13
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 388 | $73.0M | 48.7% |
| High net worth individuals | 26 | $77.0M | 51.3% |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Francisco B Almada | Dp/Finop/Chief Compliance Officer/President/Secretary/Director | Dec 1999 (27y) | ≈ 37.5% – 75% via Union Capital Holdings, Corp. | |
| Joseph Francis Bodkin | Director, Dp | Oct 2000 (26y) | Less than 5% | |
| Larry Roy Friedenberg | Registered representative | Jul 2007 (19y) | ||
| Kevin Michael Brown | Registered representative | Jan 2016 (11y) | ||
| Edward Thomas Carpenter | Registered representative | Apr 2017 (9y) | ||
| Steven Rand Hill | Registered representative | May 2017 (9y) | ||
| Richard Bruce Sladek | Registered representative | Jul 2018 (8y) | ||
| Joseph Eberle | Registered representative | May 2021 (5y) | ||
| Samuel David Almada | Registered representative | Dec 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Union Capital Holdings, Corp. | Parent Company/Owner/Shareholder | Nov 2002 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Francisco B Almada: 50% – 75% of Union Capital Holdings, Corp. × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT THE FIRM FAILED TO ESTABLISH MAINTAIN AND ENFORCE A SUPERVISORY SYSTEM INCLUDING WSP'S FOR COMPLIANCE WITH THE SUITABILITY REQUIREMENTS OF FINRA RULE 2111 AND THE CARE OBLIGATION OF RULE 15I-1 OF THE SECURITIES AND EXCHANGE ACT OF 1934 (REG BI) FOR NON-TRADITIONAL FUNDS. Status: Final Sanction Detail: RESTITUTION IS ORDERED TO BE PAID TO THE ELIGIBLE CUSTOMERS IN THE TOTAL AMOUNT OF $28,237.85.
Allegations: FAILURE TO FILE TIMELY ANNUAL UPDATING AMENDMENT TO FORM ADV. Status: Final Sanction Detail: CIVIL PENALTY PAID IN FULL ON 4/29/2019
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Commissions
Services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- RBC $123M (82% of AUM) Mar 2026
- Fidelity Distributors Company Llc $25.0M (17% of AUM) Mar 2026
- Charles Schwab & Co. $2.0M (1% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗