Tzp Management Associates, LLC (New York)


Tzp Management Associates, LLC is a large advisory firm based in New York. It manages $1.65 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Tzp Management Associates 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.

Tzp Management Associates: assets under management

The assets under management (AUM) of Tzp Management Associates, LLC is $1.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 750% since the beginning of its operation, and $40.42 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.08 million each.
Tzp Management Associates has custody of $1.17 billion in cash and securities for 31 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tzp Management Associates, 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 Tzp Management Associates serves?

The only and largest group of clients of Tzp Management Associates is pooled investment vehicles with 31 clients and $1.65 billion of assets under management. Among the 7 most similar advisory firms, Tzp Management Associates has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.65 billion for 31 clients. 6% of the firm’s clients are foreign persons or businesses.

Tzp Management Associates also advises several private funds. Namely, thirty one private equity funds.

Careers at Tzp Management Associates, LLC

The company employs 31 people that are either part- or full-time employees. 90 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
Samuel Levi Katz Member, tzp management associates, llc 1 Mar 2007 50% - 75% 1385730
Vladimir Michael Gutin Member, tzp management associates, llc 1 Jul 2007 25% - 50% 2529043
Sheera R. Michael Chief financial officer, chief administrative officer, tzp management associates, llc 1 Jul 2007 Other 6028821
Samuel Abraham Member, tzp management associates, llc 1 Sep 2007 Other 6028820
Daniel Howard Galpern Chief compliance officer, tzp management associates, llc, tzp fund manager ii, lp, tzp growth fund manager lp 1 Jan 2010 Other 4215627
Vladimir Michael Gutin Member, fund manager ii, l.p. 1 Oct 2012 Other 2529043
Sheera R. Michael Chief financial officer, chief administrative officer 1 Oct 2012 Other 6028821
Harris Jay Newman Member, tzp fund manager ii, l.p. 1 Oct 2012 Other 6632177
Daniel Howard Galpern Member, tzp fund manager ii, l.p. 1 Oct 2012 Other 4215627
Samuel Levi Katz Member, fund manager ii, l.p. 1 Oct 2012 75% - 100% 1385730
Samuel Levi Katz Member, fund manager ii, l.p. 1 Dec 2012 50% - 75% 1385730
Samuel Levi Katz Member, tzp growth fund manager, l.p. 1 Sep 2014 75% - 100% 1385730
William Homer Hunscher Member, tzp growth fund mananger, l.p. 1 Sep 2014 Other 1783627
Rodney L Eshelman Member, tzp growth fund mananger, l.p. 1 Sep 2014 Other 3097647
Sheera R. Michael Chief financial officer, chief administrative officer, tzp growth manager, l.p. 1 Sep 2014 Other 6028821
Samuel Levi Katz Member, tzp fund manager iii, l.p. 1 Mar 2017 75% - 100% 1385730
Tiffany Rebecca Cherico Chief compliance officer 1 Mar 2018 Other 6265387
Tiffany Rebecca Shatzkes Chief compliance officer 1 Mar 2018 Other 6265387

Based in New York

The principal office where Tzp Management Associates, LLC performs its advisory services is located at 7 Times Square, New York, NY 10036, 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 212-398-0300 or by fax 212-398-1909. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tzpgroup.com.