Acore Capital, LP (Larkspur)

Name: Acore Capital, LP
Address: 80 East Sir Francis Drake Blvd., Larkspur, CA, 94939
Telephone: (415) 917-4400

Acore Capital, LP is a large advisory firm based in Larkspur. It manages $10.53 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, New York, and Texas.

Acore Capital 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.

Acore Capital: assets under management

The assets under management (AUM) of Acore Capital, LP is $10.53 billion. The firm's AUM has grown by 35% since the beginning of its operation, and $113.81 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.67 billion in discretionary accounts and $6.86 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $917.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $857.31 million.

Acore Capital has custody of $478.74 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acore Capital, LP 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 Acore Capital serves?

The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of Acore Capital is insurance companies with 10 clients and $9.8 billion of assets under management. Among the 10 most similar advisory firms, Acore Capital has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $10.53 billion for 12 clients. 8% of the firm’s clients are foreign persons or businesses.

Acore Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $10,000,000.

Careers at Acore Capital, LP

The company employs 73 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 Acore Capital Gp	General partner of registrant	1 Jan 2015	Other	47-3650247
Donald Alan Sherman	Partner	1 Apr 2015	Other	4379583
Boyd Williams Fellows	Principal	1 Apr 2015	Other	1850036
Christopher David Tokarski	Chief compliance officer and principal	1 Apr 2015	Other	2579837
Stephan Arthur Kiratsous	Partner	1 Apr 2015	Other	2264862
Warren Roelof Dehaan	Principal	1 Apr 2015	Other	2909443
Robert Rosenkranz Associates Llc	Partner	1 Apr 2015	Other	51-0377004
David Lamont Ruiz	Chief compliance officer and senior vice president	1 May 2015	Other	2984182
Perry Stewart Ward	Managing partner	1 May 2015	Other	1486553
David Cordova	Chief financial officer	1 Aug 2015	Other	6178122
David Michael Cordova	Chief financial officer	1 Aug 2015	Other	6178122
Katrina Sweezea	Chief compliance officer	1 Dec 2016	Other	6741106
Katrina Lynn Sweezea	Chief compliance officer	1 Dec 2016	Other	6741106
Steven Rivers	General counsel	1 Jul 2017	Other	6930919
Llc Sherman Family Investments	Partner	1 Jul 2017	Other	90-0810969
Steven Andrew Rivers	General counsel	1 Jul 2017	Other	6930919

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Rosenkranz	Sole owner	1 Feb 1999	75% - 100%	404638
Inc. Pheasant Walk	Member	1 Dec 2005	25% - 50%	13-3459977
Rosenkranz Nqr Corp.	Member	1 Jul 2013	25% - 50%	46-5092243
Rosenkranz Shh Corp.	Member	1 Jul 2013	25% - 50%	46-5099577
Robert Rosenkranz Nqr Family Trust	Owner	1 Jul 2013	75% - 100%	46-6917637
Robert Rosenkranz Shh Family Trust	Owner	1 Jul 2013	75% - 100%	46-6919049
Stanley Nelson Bergman	President	1 Jul 2013	Other	1259178

Based in Larkspur

The principal office where Acore Capital, LP performs its advisory services is located at 80 East Sir Francis Drake Blvd., Larkspur, CA 94939, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (415) 917-4400 or by fax (415) 917-4400. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at acore.capital.