Silver River Capital Advisors LP (New York)

Silver River Capital Advisors LP is a mid-sized advisory firm based in New York. It manages $47 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018.

Silver River Capital Advisors 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.

Silver River Capital Advisors: assets under management

The assets under management (AUM) of Silver River Capital Advisors LP is $47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 65% since the beginning of its operation, and $21.24 million of the total AUM is attributable to clients outside of the United States.

The firm manages $47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $15.67 million each.

Silver River Capital Advisors has custody of $47 million in cash and securities for 3 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Silver River Capital Advisors LP for their services and products based on fixed fees and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Silver River Capital Advisors serves?

The only and largest group of clients of Silver River Capital Advisors is pooled investment vehicles with 3 clients and $47 million of assets under management. Among the 4 most similar advisory firms, Silver River Capital Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $47 million for 3 clients. 66% of the firm’s clients are foreign persons or businesses.

Silver River Capital Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Silver River Capital Advisors LP

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.

Silver River Capital Advisors LP is owned by Ricardo Alberto Salmon. Salina Yeewah Love joined the executive team most recently as the Coo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Silver River Gp Llc	General partner	1 May 2016	Other	61-1789591
Ricardo Alberto Salmon	Owner	1 Jul 2016	75% - 100%	2755121
Salina Yeewah Love	Coo	1 Jul 2016	Other	2154753
Lawrence Statsky	Cco/cfo	1 Jul 2016	Other	6891956

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Ricardo Alberto Salmon	Managing member	1 May 2016	75% - 100%	2755121

Based in New York

The principal office where Silver River Capital Advisors LP performs its advisory services is located at 540 Madison Avenue,, New York, NY 10022, 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 212-256-1703. The normal business hours are 9am - 5.30pm on Monday - Friday.