Eagle Ridge Investment Management LLC (Stamford)


Eagle Ridge Investment Management LLC is a large advisory firm based in Stamford. It manages $752.27 million of regulatory assets for 702 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Florida, and 10 other states.

Eagle Ridge Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Eagle Ridge Investment Management: assets under management

The assets under management (AUM) of Eagle Ridge Investment Management LLC is $752.27 million. The firm's AUM has grown by 213% since the beginning of its operation, and $10.63 million of the total AUM is attributable to clients outside of the United States.

The firm manages $699.96 million in discretionary accounts and $52.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.05 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.59 million.
Eagle Ridge Investment Management has custody of $1.85 million in cash and securities for 1 client in total and acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is investment and business development companies, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Eagle Ridge Investment Management LLC for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Eagle Ridge Investment Management serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Eagle Ridge Investment Management is high net worth individuals with 184 clients and $614.54 million of assets under management. Among the 8 most similar advisory firms, Eagle Ridge Investment Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $752.27 million for 329 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Eagle Ridge Investment Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Eagle Ridge Investment Management LLC

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 2 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 compensates 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
David Abbott Tillson Manager and co-chief investment officer 1 Aug 2008 Other 2519824
John Jay Knox Senior vice president/ chief compliance officer 1 Aug 2008 Other 1407389
Steven Joseph Giacona Member 1 Aug 2008 25% - 50% 2746009
Christopher Cheng Chief compliance officer 1 Aug 2008 Other 4473134
Nicholas Lawrence Frelinghuysen Principal 1 Jun 2010 Other 2356611
David Kennedy Laidlaw Manager and co-chief investment officer 1 Jul 2015 50% - 75% 4380157
Tillson Family Holdings Llc Member 1 Jul 2015 25% - 50% 26-4075128
Nicholas Lawrence Frelinghuysen Member 1 Jan 2017 Other 2356611

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
David Abbott Tillson Member 1 Jan 2008 25% - 50% 2519824
Nancy L Tillson Manager 1 Jan 2009 Other 6556317
Jordan T Oliver Member 1 Jan 2009 25% - 50% 6556320
Alexandra E Tillson Member 1 Jan 2009 25% - 50% 6556327

Based in Stamford

The principal office where Eagle Ridge Investment Management LLC performs its advisory services is located at 5 High Ridge Park, Stamford, CT 06905 1332, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-227-4515 or by fax 203-388-9944. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at eagleridgeinvestment.com.