Troob Capital Management LLC (White Plains)


Troob Capital Management LLC is a large advisory firm based in White Plains. It manages $452.22 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2005.

Troob Capital Management provides portfolio management for pooled investment vehicles and portfolio management for family office. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Troob Capital Management: assets under management

The assets under management (AUM) of Troob Capital Management LLC is $452.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4% since the beginning of its operation, and $108.23 million of the total AUM is attributable to clients outside of the United States.

The firm manages $452.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $113.06 million each.
Troob Capital Management has custody of $437 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 47% of the total AUM. The second-largest asset type is exchange traded securities, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.

Fees & Commissions

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

The only and largest group of clients of Troob Capital Management is pooled investment vehicles with 3 clients and $418.65 million of assets under management. Among the 11 most similar advisory firms, Troob Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $418.65 million for 3 clients. 25% of the firm’s clients are foreign persons or businesses.

Troob Capital Management also advises several private funds. Namely, two hedge funds and one private equity fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Troob Capital Management LLC

The company employs 10 people that are either part- or full-time employees. 60 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
Peter Joseph Troob Managing member 1 Feb 2002 50% - 75% 2508381
Douglas Matthew Troob Managing member 1 Feb 2002 50% - 75% 1531462
Joseph Miranda Chief financial officer and cco 1 Feb 2003 Other 2152560
Carlton Edward Thompson Chief compliance officer 1 Aug 2006 Other 4749811
William David Finn Chief financial officer 1 Aug 2006 Other 5206433
Vincent Mazziotta Chief financial officer 1 Sep 2013 Other 6316383

Based in White Plains

The principal office where Troob Capital Management LLC performs its advisory services is located at 777 Westchester Avenue, #203, White Plains, NY 10604 3520, 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 914 694 5777 or by fax 914 694 5775. The normal business hours are 8am - 5pm on Monday - Friday.