Conifer Management, LLC is a large advisory firm based in New York. It manages $6.81 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2016.
Conifer 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.
The assets under management (AUM) of Conifer Management, LLC is $6.81 billion, all of which is managed in discretionary accounts. $1.2 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Conifer 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.
The only and largest group of clients of Conifer Management is pooled investment vehicles with 5 clients and $6.81 billion of assets under management. Among the 10 most similar advisory firms, Conifer Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $6.81 billion for 5 clients. 20% of the firm’s clients are foreign persons or businesses.
Conifer Management also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000.
The company employs 31 people that are either part- or full-time employees. 26 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.
The principal office where Conifer Management, LLC performs its advisory services is located at 9 West 57 Th Street, New York, NY 10019, 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 212-832-5280 or by fax 212-826-1265. The normal business hours are 9-5pm on Monday - Friday.