Ridgeview Asset Management Partners, LLC (Stamford)

Name: Ridgeview Asset Management Partners, LLC
Address: 60 Long Ridge Road, Stamford, CT, 06902
Telephone: 203-595-5535

Ridgeview Asset Management Partners, LLC is a large advisory firm based in Stamford. It manages $140.45 million of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Connecticut.

Ridgeview Asset Management Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ridgeview Asset Management Partners: assets under management

The assets under management (AUM) of Ridgeview Asset Management Partners, LLC is $140.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 462% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $140.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.51 million each.

Ridgeview Asset Management Partners has custody of $4.82 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is state and local bonds, which make up 19% of the firm’s portfolio. Investments in non-exchange traded securities form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ridgeview Asset Management Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ridgeview Asset Management Partners serves?

The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Ridgeview Asset Management Partners is high net worth individuals with 37 clients and $123.1 million of assets under management. Among the 11 most similar advisory firms, Ridgeview Asset Management Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $140.45 million for 40 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Ridgeview Asset Management Partners also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Ridgeview Asset Management Partners, LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael William Robinson	Managing member & chief compliance officer	1 Sep 2015	50% - 75%	6731468
John Winslow Watkins	Executive chairman	1 Sep 2015	50% - 75%	1198964

Based in Stamford

The principal office where Ridgeview Asset Management Partners, LLC performs its advisory services is located at 60 Long Ridge Road, Stamford, CT 06902, which is also the mailing address of the firm. An additional office of the firm is in Larkspur, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-595-5535. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at ridgeviewasset.com.