Lisanti Capital Growth LLC (New York)

Name: Lisanti Capital Growth LLC
Address: 475 Park Ave South, New York, NY, 10016
Telephone: 917-386-6268

Lisanti Capital Growth LLC is a large advisory firm based in New York. It manages $283.52 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2017.

Lisanti Capital Growth provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lisanti Capital Growth: assets under management

The assets under management (AUM) of Lisanti Capital Growth LLC is $283.52 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 $283.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.9 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lisanti Capital Growth 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 Lisanti Capital Growth serves?

The firm provides services to investment companies, high net worth individuals, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Lisanti Capital Growth is state or municipal government entities with 12 clients and $220.73 million of assets under management. Among the 8 most similar advisory firms, Lisanti Capital Growth has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $283.52 million for 15 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.

Lisanti Capital Growth also advises several private funds.

Careers at Lisanti Capital Growth LLC

The company employs 7 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Mary Lisanti	President, managing member	1 Dec 2003	50% - 75%	872690
Monique Schulman	Cco	1 Apr 2016	Other	1225088
Dinosaur Group Holdings Llc	Owner	1 Aug 2017	25% - 50%	11-3803862

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Glenn Andrew Grossman	Managing member	1 Jan 2007	50% - 75%	1657276

Based in New York

The principal office where Lisanti Capital Growth LLC performs its advisory services is located at 475 Park Ave South, New York, NY 10016, 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 917-386-6268 or by fax 212-937-2086. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lebenthal-lisantismallcap.com.