Marblegate Asset Management, LLC (Greenwich)

Name: Marblegate Asset Management, LLC
Address: 80 Field Point Road, Greenwich, CT, 06830
Telephone: 203-413-6940

Marblegate Asset Management, LLC is a large advisory firm based in Greenwich. It manages $1.38 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Marblegate Asset 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.

Marblegate Asset Management: assets under management

The assets under management (AUM) of Marblegate Asset Management, LLC is $1.38 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 603% since the beginning of its operation, and $579.69 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.38 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $98.65 million each.

Marblegate Asset Management has custody of $349.1 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Marblegate Asset 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 Henry Stephen Miller serves?

The only and largest group of clients of Henry Stephen Miller is pooled investment vehicles with 14 clients and $1.38 billion of assets under management. Among the 9 most similar advisory firms, Marblegate Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.38 billion for 14 clients. 50% of the firm’s clients are foreign persons or businesses.

Marblegate Asset Management also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Marblegate Asset Management, LLC

The company employs 17 people that are either part- or full-time employees. 47 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.

Henry Stephen Miller has been acting as President since 1 Jul 2008. Denise Kupietzky Wildes joined the executive team most recently as the General Counsel & Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marblegate Holdings Llc	Managing member	1 Jul 2008	75% - 100%	90-0992184
Andrew Scott Milgram	Managing partner and chief investment officer	1 Jul 2008	Other	2969042
Paul Maurice Arrouet	Managing partner	1 Jul 2008	Other	2072250
Henry Stephen Miller	Chairman	1 Jul 2008	Other	1367460
Mark Elliott Zoldan	Chief financial officer	1 Oct 2008	Other	5015568
Denise Kupietzky Wildes	General counsel & chief compliance officer	1 Dec 2014	Other	6426546

Based in Greenwich

The principal office where Marblegate Asset Management, LLC performs its advisory services is located at 80 Field Point Road, Greenwich, CT 06830, 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 203-413-6940 or by fax 203-413-6938. The normal business hours are 7:30 am - 7:30 pm on Monday - Friday. You can find more information about the New York firm at marblegate.com.