Ascribe Management LLC is a large advisory firm based in New York. It manages $409.04 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015.
Ascribe Management 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.
The assets under management (AUM) of Ascribe Management LLC is $409.04 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Ascribe Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Ascribe Management is pooled investment vehicles with 2 clients and $409.04 million of assets under management. Among the 11 most similar advisory firms, Ascribe Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $409.04 million for 2 clients. None of the firm’s clients are foreign persons or businesses.
Ascribe Management also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 13 people that are either part- or full-time employees. 92 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.
Lawrence Alan First has served as the Chief Investment Officer since 1 Jan 2007. Jeremy B Maco joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ascribe Management LLC performs its advisory services is located at 299 Park Avenue, New York, NY 10171, 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 212-476-8000 or by fax 212-455-9715. The normal business hours are 9 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at american-securities.com.