Prospector Partners Asset Management, LLC (Guilford)

Prospector Partners Asset Management, LLC is an investment adviser to an investment company based in Guilford. It manages $154.5 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Connecticut.

Prospector Partners Asset Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prospector Partners Asset Management: assets under management

The assets under management (AUM) of Prospector Partners Asset Management, LLC is $154.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 965% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $154.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $77.25 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Prospector Partners Asset Management, LLC for their services and products based on a percentage of assets under management. 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 Prospector Partners Asset Management serves?

The only and largest group of clients of Prospector Partners Asset Management is investment companies with 2 clients and $154.5 million of assets under management. Among the 12 most similar advisory firms, Prospector Partners Asset Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $154.5 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Prospector Partners Asset Management doesn't advise any private funds.

Careers at Prospector Partners Asset Management, LLC

The company employs 14 people that are either part- or full-time employees. 64 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 Prospector Partners	Managing member	1 Jan 2007	50% - 75%	123546
Peter Nicholas Perugini	Cfo	1 Jan 2007	Other	4812087
Kim Just	Chief compliance officer	1 Jan 2007	Other	5196352
Richard Page Howard	Portfolio manager	1 Jan 2007	25% - 50%	855357
Jason Kish	Portfolio manager	1 May 2013	Other	6311409

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
John Davies Gillespie	Managing member	1 Apr 1997	50% - 75%	1778872
Kevin Raymond Obrien	Portfolio manager	1 Apr 2003	25% - 50%	1673151

Based in Guilford

The principal office where Prospector Partners Asset Management, LLC performs its advisory services is located at 370 Church Street, Guilford, CT 06437, 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 203-458-1500 or by fax 203-458-0840. The normal business hours are 8:00am - 5:00pm on Monday - Friday.