White Crest Capital
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
White Crest Capital provides discretionary asset management and ongoing portfolio supervision to individuals, high‑net‑worth clients, trusts, estates, charitable organizations and business entities. The firm manages client accounts across a wide range of securities (exchange‑listed, OTC, foreign issues, corporate and municipal debt, U.S. government securities) and charges asset‑based advisory fees for portfolio management.
The firm’s advice is tailored through one‑on‑one interviews and questionnaires and clients may impose reasonable investment restrictions; accounts are actively monitored and managed with discretion unless non‑discretionary authority is requested. Investment decisions draw on cyclical, fundamental and technical analysis and employ long‑term, short‑term and, when appropriate, more frequent trading; the firm also accommodates special situations such as low‑basis stock, stock options, legacy holdings and tax considerations.
Noteworthy aspects include that all reported assets ($11.19 million as of December 2025) are managed on a discretionary basis for a small client roster (eight clients), yielding a higher assets‑per‑client profile than typical for many independents. Operationally, the firm implements trades through a firm‑selected broker‑dealer and custodian (Interactive Brokers), is deemed to have custody only to the extent fees are deducted from client accounts, and does not vote proxies on client securities.
Client services
Expertise
Fee options
$0 - $5,000,000: 0.40% $5,000,001+: Negotiable
Fee-only: Fees charged as percentage of assets under management, billed quarterly in arrears, prorated for partial periods.
Main office
Glencoe IL
Advisors at this office
1
Most active in
Illinois · New York
Also doing business as
Benjamin Daniel Gutstein · White Crest Capital · White Crest Capital, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
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