Yieldstreet Management, LLC (New York)
Yieldstreet Management, LLC is a large advisory firm based in New York. It manages $345.1 million of regulatory assets for 89 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.
Yieldstreet Management 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.
Yieldstreet Management: assets under management
The assets under management (AUM) of Yieldstreet Management, LLC is $345.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1353% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Yieldstreet 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 Yieldstreet Management serves?
The only and largest group of clients of Yieldstreet Management is pooled investment vehicles with 89 clients and $345.1 million of assets under management. Among the 10 most similar advisory firms, Yieldstreet Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $345.1 million for 89 clients. None of the firm’s clients are foreign persons or businesses.
Yieldstreet Management also advises several private funds. Namely, eighty eight private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $5,000,000.
Careers at Yieldstreet Management, LLC
The company employs 39 people that are either part- or full-time employees. 33 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.
Jason Michael Ewasko joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 6 indirect owners.Based in New York
The principal office where Yieldstreet Management, LLC performs its advisory services is located at 597 Fifth 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 844-943-5378. The normal business hours are 9-6 on Monday - Friday. You can find more information about the New York firm at yieldstreet.com.
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