Arbiter Partners Capital Management, LLC (New York)

Name: Arbiter Partners Capital Management, LLC
Address: 530 Fifth Avenue, New York, NY, 10036
Telephone: 212-650-4660

Arbiter Partners Capital Management, LLC is a large advisory firm based in New York. It manages $887.9 million of regulatory assets for 35 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.

Arbiter Partners Capital Management 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.

Arbiter Partners Capital Management: assets under management

The assets under management (AUM) of Arbiter Partners Capital Management, LLC is $887.9 million. The firm's AUM has gone down by -17% since the beginning of its operation, and $25.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $645.9 million in discretionary accounts and $242 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $92.27 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.64 million.

Arbiter Partners Capital Management has custody of $585.9 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Arbiter Partners Capital Management, LLC 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 Arbiter Partners Capital Management serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Arbiter Partners Capital Management is pooled investment vehicles with 5 clients and $585.9 million of assets under management. Among the 8 most similar advisory firms, Arbiter Partners Capital Management has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $887.9 million for 35 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 15% of the firm’s clients are foreign persons or businesses.

Arbiter Partners Capital Management also advises several private funds. Namely, one hedge fund and two other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.

Careers at Arbiter Partners Capital Management, LLC

The company employs 14 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Jerome Isaac	President and managing member of broken clock mangement, l.l.c.	1 Apr 2001	75% - 100%	831464
Paul Jerome Isaac	President, managing member, and cio of arbiter partners capital management, llc	1 Jan 2007	75% - 100%	831464
Joshua Nahum Musher	Coo & chief compliance officer, fort hoosac management llc	1 Dec 2009	Other	5884109
Ross Benjamin Levin	Director of research and secretary of fort hoosac management, llc and secretary of broken clock management, l.l.c.	1 Jan 2010	Other	4672712
Matthew Hankin	Research analyst	1 Jul 2010	Other	4832470
Matthew Barasch Hankin	Research analyst	1 Jul 2010	Other	4832470

Based in New York

The principal office where Arbiter Partners Capital Management, LLC performs its advisory services is located at 530 Fifth Avenue, New York, NY 10036, 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 212-650-4660 or by fax 212-585-1620. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at arbiterpartners.net.