Kpc Terrapin Group LLC is a large advisory firm based in New York. It manages $95.84 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2016.
Kpc Terrapin Group provides portfolio management for individuals and small businesses and selection of other advisers. 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 Kpc Terrapin Group LLC is $95.84 million. The firm's AUM has gone down by -13% 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 Kpc Terrapin Group LLC for their services and products based on a percentage of assets under management and fixed 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.
The only and largest group of clients of Kpc Terrapin Group is high net worth individuals with 18 clients and $42.05 million of assets under management. Among the 5 most similar advisory firms, Kpc Terrapin Group has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $42.05 million for 18 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.
Kpc Terrapin Group also advises several private funds.
The company employs 2 people that are either part- or full-time employees. 100 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.
The principal office where Kpc Terrapin Group LLC performs its advisory services is located at 757 Third Avenue, 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 (212) 710-4111. The normal business hours are 9:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at kellyparkcapital.com.