Resolution Recovery Partners Manager, LLC (New York)

Name: Resolution Recovery Partners Manager, LLC
Address: 110 East 59 Th Street, New York, NY, 10022
Telephone: (212) 829-4952

Resolution Recovery Partners Manager, LLC is a mid-sized advisory firm based in New York. It manages $88 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Resolution Recovery Partners Manager provides portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Resolution Recovery Partners Manager: assets under management

The assets under management (AUM) of Resolution Recovery Partners Manager, LLC is $88 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $88 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Resolution Recovery Partners Manager, LLC for their services and products based on a percentage of assets under management. 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 Eric M Schwartz serves?

The only and largest group of clients of Eric M Schwartz is pooled investment vehicles with 1 clients and $88 million of assets under management. Among the 2 most similar advisory firms, Resolution Recovery Partners Manager has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $88 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Resolution Recovery Partners Manager also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Resolution Recovery Partners Manager, LLC

The company employs 6 people that are either part- or full-time employees. 33 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.

Eric M Schwartz has been acting as President since 1 Aug 2014. Walter Desmond Karle joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jon Anthony Vaccaro	Chief executive officer	1 Aug 2014	Other	2354631
Eric M Schwartz	President	1 Aug 2014	Other	2925248
Stephen M Merkel	Execcutive managing director/genral counsel/secretary	1 Aug 2014	Other	2366318
L.P Cantor Real Estate	Parent company	1 Aug 2014	75% - 100%	26-2851062
Stephen Marcus Merkel	General counsel and secretary	1 Aug 2014	Other	2366318
L.P. Cantor Real Estate	Parent company	1 Aug 2014	75% - 100%	26-2851062
Douglas Rankin Barnard	Chief financial officer	1 Aug 2014	75% - 100%	2798079
Gary Neil Distell	Chief compliance officer	1 Aug 2014	Other	1540489
Harris Jason Bogner	Chief compliance officer	1 Mar 2015	Other	2758877
Steven Bisgay	Chief financial officer	1 Apr 2015	Other	4424156
Stephen Michael Hart	Chief compliance officer	1 Mar 2017	Other	5021146
Michael Gerard Millard	Global head of asset management	1 Nov 2017	Other	722703
Paul Thomas Aquinas Vanderslice	Chief executive officer	1 May 2018	Other	1300628
William Michael Shields	Chief compliance officer	1 Jul 2018	Other	2380166
Walter Desmond Karle	Chief compliance officer	1 Aug 2018	Other	5782922

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Cantor Fitzgerald	Member	1 Jun 2005	75% - 100%	13-3680189
Howard William Lutnick	Sole trustee	1 May 2009	75% - 100%	1157026
Howard William Lutnick	Sole trustee	1 Jan 2010	25% - 50%	1157026
Inc. Cf Group Management	Managing general partner	1 Jan 2010	75% - 100%	13-3679422
Howard W. Lutnick Personal Asset Trust	Partner	1 Nov 2011	75% - 100%	xxx-xx-xxxx
Howard W. Lutnick Revocable Trust	Shareholder	1 Nov 2011	75% - 100%	xxx-xx-xxxx
L.P. Cantor Fitzgerald	Member	1 Aug 2014	75% - 100%	13-3680189
Howard William Lutnick	Shareholder	1 Aug 2014	75% - 100%	1157026
Inc. Cf Group Management	Managing g.p.	1 Aug 2014	25% - 50%	13-3679422

Based in New York

The principal office where Resolution Recovery Partners Manager, LLC performs its advisory services is located at 110 East 59 Th Street, New York, NY 10022, 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 (212) 829-4952 or by fax (212) 829-4772. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at cantor.com.