Mill Road Capital Management LLC (Greenwich)

Name: Mill Road Capital Management LLC
Address: 382 Greenwich Avenue, Greenwich, CT, 06830 6587
Telephone: 203-987-3500

Mill Road Capital Management LLC is a large advisory firm based in Greenwich. It manages $842.89 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California and Connecticut.

Mill Road Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mill Road Capital Management: assets under management

The assets under management (AUM) of Mill Road Capital Management LLC is $842.89 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $842.89 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $280.96 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mill Road Capital Management 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 Mill Road Capital Management serves?

The only and largest group of clients of Mill Road Capital Management is pooled investment vehicles with 3 clients and $842.89 million of assets under management. Among the 11 most similar advisory firms, Mill Road Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $842.89 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Mill Road Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Mill Road Capital Management LLC

The company employs 17 people that are either part- or full-time employees. 71 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
Thomas Edward Lynch	Management committee director and chairman	1 Oct 2004	25% - 50%	2127652
Charles Michael Blake Goldman	Management committee director and tax matters partner	1 Dec 2006	Other	2096870
Scott Philip Scharfman	Management committee director	1 Dec 2006	Other	1898551
Charles M Goldman	Management committee director and tax matters partner	1 Dec 2006	Other	2096870
Justin Cadwallader Jacobs	Management committee director	1 Oct 2009	Other	2636423
Justin C Jacobs	Management committee director	1 Oct 2009	Other	2636423
Ajay Sharma	Chief compliance officer and managing director	1 Feb 2011	Other	2658893
Linda Helen Hanauer	Managing director, chief compliance officer, chief financial officer	1 May 2014	Other	1155055
Thomas Edward Lynch	Managing member, management committee director and chairman, tax matters person	1 Jun 2017	50% - 75%	2127652
Linda Helen Hanauer	Managing director, chief financial officer, deputy compliance officer	1 Jun 2017	Other	1155055
Lisa Marie Mcgovern	Chief compliance officer, chief financial officer, managing director	1 Sep 2017	Other	2235951
Eric Tomio Yanagi	Managing member, management committee director	1 Apr 2018	Other	4828994

Based in Greenwich

The principal office where Mill Road Capital Management LLC performs its advisory services is located at 382 Greenwich Avenue, Greenwich, CT 06830 6587, which is also the mailing address of the firm. An additional office of the firm is in South San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-987-3500 or by fax 203-621-3280. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at millroadcapital.com.