Bengal Asset Management, LLC (Burlingame)

Name: Bengal Asset Management, LLC
Address: 1440 Chapin Avenue, Burlingame, CA, 94010
Telephone: 650-513-6791

Bengal Asset Management, LLC is a large advisory firm based in Burlingame. It manages $92.09 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Bengal Asset 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.

Bengal Asset Management: assets under management

The assets under management (AUM) of Bengal Asset Management, LLC is $92.09 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -47% since the beginning of its operation, and $41.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $92.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.02 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bengal Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bengal Asset Management serves?

The only and largest group of clients of Bengal Asset Management is pooled investment vehicles with 4 clients and $92.09 million of assets under management. Among the 4 most similar advisory firms, Bengal Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $92.09 million for 4 clients. 45% of the firm’s clients are foreign persons or businesses.

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

Careers at Bengal Asset Management, LLC

The company employs 6 people that are either part- or full-time employees. 50 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
Tora Trading Services Limited (Cayman Islands)	Owner	1 Apr 2013	75% - 100%	98-0505460
Robert Baron Santos	Manager and chief compliance officer	1 Apr 2013	Other	2852880
Katrina Iamscicov	Senior legal counsel and chief compliance officer	1 Jan 2019	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Tora Holdings	Owner of tora trading services limited (cayman islands)	1 Jan 2010	75% - 100%	98-0506149
As Trustees Of The Tiger Trust Rothschild Trust Guernsey Limited And Guernsey Global Trust Limited	Owner of tora holdings, inc.	1 Jan 2010	50% - 75%	20-6472447

Based in Burlingame

The principal office where Bengal Asset Management, LLC performs its advisory services is located at 1440 Chapin Avenue, Burlingame, CA 94010, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-513-6791 or by fax 650-284-2117. The normal business hours are 12pm - 10pm on Other. You can find more information about the New York firm at bengalassetmanagement.com.