Compass Rose Asset Management, LP is a large advisory firm based in New York. It manages $379.16 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California and New York.
Compass Rose Asset Management provides portfolio management for pooled investment vehicles and separately managed account. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Compass Rose Asset Management, LP is $379.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 26% since the beginning of its operation, and $4.91 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Compass Rose Asset Management, LP 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 Compass Rose Asset Management is pooled investment vehicles with 3 clients and $351.68 million of assets under management. Among the 10 most similar advisory firms, Compass Rose Asset Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $351.68 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.
Compass Rose Asset Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,500,000.
The company employs 15 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.
Sean Patrick Fahey has served as the Chief Investment Officer since 1 Sep 2017 and Brian Peter Riano is the Chief Executive Officer of Compass Rose Asset Management, LP family office. Jason Roche joined the executive team most recently as the Member.
The principal office where Compass Rose Asset Management, LP performs its advisory services is located at 900 Third Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Santa Monica, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-888-1433 or by fax 212-888-1033. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at compassroseam.com.