Epsilon Asset Management, LLC (New York)

Name: Epsilon Asset Management, LLC
Address: 767 3 Rd Avenue, 38 Th Floor, New York, NY, 10017
Telephone: 646-809-0789

Epsilon Asset Management, LLC is a mid-sized advisory firm based in New York. It manages $28.07 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of New York.

Epsilon Asset Management provides portfolio management for individuals and small businesses 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.

Epsilon Asset Management: assets under management

The assets under management (AUM) of Epsilon Asset Management, LLC is $28.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 368% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $28.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.01 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Epsilon Asset Management, 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 Epsilon Asset Management serves?

The only and largest group of clients of Epsilon Asset Management is pooled investment vehicles with 2 clients and $26.13 million of assets under management. Among the 3 most similar advisory firms, Epsilon Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $26.13 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Epsilon Asset Management doesn't advise any private funds.

Careers at Epsilon Asset Management, LLC

The company employs 5 people that are either part- or full-time employees. 40 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
Charles Paul Soderstrom	Chief compliance officer, partner	1 Feb 2017	25% - 50%	1754680
James Adam Lavin	Partner	1 Feb 2017	25% - 50%	2612790
Faryan Amir Ghassemi	Partner	1 Feb 2017	25% - 50%	6814529
Michael Perlow	Partner	1 Feb 2017	25% - 50%	6814530

Based in New York

The principal office where Epsilon Asset Management, LLC performs its advisory services is located at 767 3 Rd Avenue, 38 Th Floor, New York, NY 10017, 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 646-809-0789. The normal business hours are 8:00am- 5:30pm on Monday - Friday. You can find more information about the New York firm at epsilonmgmt.com.