Tr Capital Management, LLC (Rockville Centre)

Name: Tr Capital Management, LLC
Address: 100 Merrick Road, Rockville Centre, NY, 11570
Telephone: 5162551801

Tr Capital Management, LLC is a mid-sized advisory firm based in Rockville Centre. It manages $51.04 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Tr Capital Management provides portfolio management for individuals and small businesses and 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.

Tr Capital Management: assets under management

The assets under management (AUM) of Tr Capital Management, LLC is $51.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 112% since the beginning of its operation, and $12.37 million of the total AUM is attributable to clients outside of the United States.

The firm manages $51.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.29 million each.

Tr Capital Management has custody of $51.04 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tr Capital Management, 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 Tr Capital Management serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Tr Capital Management is pooled investment vehicles with 4 clients and $31.84 million of assets under management. Among the 4 most similar advisory firms, Tr Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $51.04 million for 7 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 28% of the firm’s clients are foreign persons or businesses.

Tr Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Tr Capital 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 are 2 people 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
Terrel David Ross	Chief executive officer and chief compliance officer (elected manager)	1 Sep 2009	Other	4251312
Michael Nathan Siegel	Chief financial officer (elected manager)	1 Feb 2010	Other	6064238
Michael Siegel	Chief financial officer	1 Feb 2010	Other	6064238
Tr Holdings Lp	100% owner/sole member	1 Jun 2010	75% - 100%	27-2803648
Michael Neuman	Chief compliance officer	1 Mar 2012	Other	6064241
Michael Brian Neuman	Chief compliance officer (elected manager)	1 Mar 2012	Other	6064241

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Td Ross Management Corp	Manager	1 Jun 2010	Other	27-2633638
Terrel David Ross	100% owner/manager	1 Jun 2010	75% - 100%	4251312

Based in Rockville Centre

The principal office where Tr Capital Management, LLC performs its advisory services is located at 100 Merrick Road, Rockville Centre, NY 11570, 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 5162551801 or by fax 5165930818. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at trcmllc.com.