Khronos LLC (New York)

Name: Khronos LLC
Address: 234 Fifth Avenue, New York, NY, 10001
Telephone: 212-763-8800

Khronos LLC is a large advisory firm based in New York. It manages $231.85 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Khronos 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.

Khronos: assets under management

The assets under management (AUM) of Khronos LLC is $231.85 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -82% since the beginning of its operation, and $194.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $231.85 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.98 million each.

Khronos has custody of $214.21 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Khronos LLC for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Khronos serves?

The only and largest group of clients of Khronos is pooled investment vehicles with 8 clients and $231.85 million of assets under management. Among the 9 most similar advisory firms, Khronos has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $231.85 million for 8 clients. 63% of the firm’s clients are foreign persons or businesses.

Khronos also advises several private funds. Namely, one hedge fund and two private equity funds. The minimum investment commitment required of non-related persons ranges from $237,000 to $1,000,000.

Careers at Khronos LLC

The company employs 5 people that are either part- or full-time employees. 20 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
Rafael (Nmn) Mayer	Managing director	1 Dec 2001	25% - 50%	4429522
David Joseph Mayer	Member, managing director	1 Dec 2001	25% - 50%	2361301
Zen Group Llc	Member	1 Jun 2006	25% - 50%	20-4996017
Harris Grant Newman	Chief financial officer, chief compliance officer	1 Feb 2008	Other	6022241
Daniel Ehud Levy	Member, managing director	1 Jan 2012	25% - 50%	6023196

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Rafael (Nmn) Mayer	Managing member	1 Jun 2006	75% - 100%	4429522
Yvette Nicole Mayer	Member	1 Jun 2006	50% - 75%	6026016

Based in New York

The principal office where Khronos LLC performs its advisory services is located at 234 Fifth Avenue, New York, NY 10001 The mailing address of the firm is 41 Madison Avenue, New York, NY 10010. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-763-8800. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at khronos.com.