Melody Capital Management LLC (San Juan)


Melody Capital Management LLC is a large advisory firm based in San Juan. It manages $1.87 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Connecticut, New York, and Puerto Rico.

Melody Capital 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.

Melody Capital Management: assets under management

The assets under management (AUM) of Melody Capital Management LLC is $1.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and $778.52 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.87 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $312.46 million each.
Melody Capital Management has custody of $1.84 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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

The only and largest group of clients of Melody Capital Management is pooled investment vehicles with 6 clients and $1.87 billion of assets under management. Among the 10 most similar advisory firms, Melody Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.87 billion for 6 clients. 33% of the firm’s clients are foreign persons or businesses.

Melody Capital Management also advises several private funds. Namely, three hedge funds and three private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $100,000,000.

Careers at Melody Capital Management LLC

The company employs 31 people that are either part- or full-time employees. 42 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
Llc Melody Capital Advisors General partner of relying adviser 1 Sep 2012 Other 46-1152633
Terri Jo Lecamp Chief operating officer & chief compliance officer 1 Jan 2013 Other 1754878
Carlos Andres Scaminaci Secretary of melody special situations gp, llc (relying adviser) 1 Jul 2013 Other 5253121
Omar Saeed Jaffrey President of melody special situations gp, llc (relying adviser) 1 Jul 2013 Other 2263502
Cesar Jose Gueikian Vice president of melody special situations gp, llc (relying adviser) 1 Jul 2013 Other 5131930
Omar Saeed Jaffrey Vice president of melody capital partners gp, llc (relying adviser) 1 Nov 2013 Other 2263502
Carlos Andres Scaminaci Secretary of melody capital partners gp, llc (relying adviser) 1 Nov 2013 Other 5253121
Cesar Jose Gueikian President of melody capital partners gp, llc (relying adviser) 1 Nov 2013 Other 5131930
Tradewinds Gp Holdings Llc Managing member to melody special situations gp, llc (relying adviser) 1 Mar 2014 75% - 100% 46-5181429
Lp Melody Advisors Holdings Limited partner of relying adviser 1 Mar 2014 75% - 100% 46-5222688
Tradewinds Gp Holdings Llc Managing member to melody telecom land fund gp, llc (relying adviser) 1 Apr 2014 75% - 100% 46-5181429
Omar Saeed Jaffrey Founder of registrant 1 Nov 2015 Other 2263502
Cesar Jose Gueikian Founder of registrant 1 Nov 2015 Other 5131930
Carlos Andres Scaminaci Founder of registrant 1 Nov 2015 Other 5253121
Melody Advisors Llc Managing member of registrant 1 Jul 2016 75% - 100% 66-0849950
Jonathan Washburn Cole General counsel 1 Sep 2018 Other 7050699

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Carlos Andres Scaminaci Secretary 1 Sep 2012 50% - 75% 5253121
Omar Saeed Jaffrey President 1 Sep 2012 50% - 75% 2263502
Carlos Andres Scaminaci Limited partner 1 Mar 2014 25% - 50% 5253121
Omar Saeed Jaffrey Limited partner 1 Mar 2014 25% - 50% 2263502
Cesar Jose Gueikian Limited partner 1 Mar 2014 25% - 50% 5131930
Llc Melody Capital Advisors General partner 1 Mar 2014 Other 46-1152633
Lp Melody Capital Advisors Holdings Limited partner 1 Mar 2014 50% - 75% 46-5234007
Cesar Jose Gueikian Managing member 1 Jun 2016 25% - 50% 5131930
Omar Saeed Jaffrey Managing member 1 Jun 2016 25% - 50% 2263502
Carlos Andres Scaminaci Managing member 1 Jun 2016 25% - 50% 5253121
Las Palmas Gp Llc Managing member 1 Sep 2016 75% - 100% 66-0861123

Based in San Juan

The principal office where Melody Capital Management LLC performs its advisory services is located at El Caribe Office Building, San Juan, PR 00901, 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 2125838660 or by fax 2125838777. The normal business hours are 8am to 6pm on Monday - Friday. You can find more information about the New York firm at melody.com.