Rialto Capital Management, LLC is a large advisory firm based in Miami. It manages $4.48 billion of regulatory assets for 55 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Florida, and 3 other states.
Rialto Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. 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 Rialto Capital Management, LLC is $4.48 billion. The firm's AUM has grown by 87% since the beginning of its operation, and $310.98 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Rialto 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.
The only and largest group of clients of Jay Howard Mantz is pooled investment vehicles with 53 clients and $4.38 billion of assets under management. Among the 7 most similar advisory firms, Rialto Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.38 billion for 53 clients. 15% of the firm’s clients are foreign persons or businesses.
Rialto Capital Management also advises several private funds. Namely, one hedge fund and seventeen real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 65 people that are either part- or full-time employees. 85 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.
Jay Howard Mantz has been acting as President since 1 Sep 2011. William Wilder Landis has served as the Chief Investment Officer since 1 Oct 2008 and Jeffrey Paul Krasnoff is the Chief Executive Officer of Rialto Capital Management, LLC family office. Amanda Beth Lenok Vega joined the executive team most recently as the Chief Compliance Officer.
The principal office where Rialto Capital Management, LLC performs its advisory services is located at 200 South Biscayne Boulevard, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Chapel Hill, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 305-485-2077 or by fax 305-485-4111. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at rialtocapital.com/.