Spider Management Company, LLC (Richmond)

Name: Spider Management Company, LLC
Address: 6802 Paragon Place, Richmond, VA, 23230
Telephone: 804-289-6010

Spider Management Company, LLC is a large advisory firm based in Richmond. It manages $4.8 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Virginia.

Spider Management Company provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Spider Management Company: assets under management

The assets under management (AUM) of Spider Management Company, LLC is $4.8 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 120% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.8 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.6 billion each.

Investments

The firm invests in pooled investment vehicles the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spider Management Company, 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 Srinivas Bhaskar Pulavarti serves?

The only and largest group of clients of Srinivas Bhaskar Pulavarti is pooled investment vehicles with 2 clients and $2.3 billion of assets under management. Among the 11 most similar advisory firms, Spider Management Company has the 6th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.3 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Spider Management Company also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Spider Management Company, LLC

The company employs 20 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.

Srinivas Bhaskar Pulavarti has been acting as President since 1 Jul 2005. Jonathan Hunter Moore joined the executive team most recently as the Chief Compliance Officer / Chief Administrative Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robin Joseph Blandford	Director of investments	1 Jun 2005	Other	1890574
Srinivas Bhaskar Pulavarti	President/chief investment officer	1 Jul 2005	Other	5734742
University Of Richmond	Managing member	1 Nov 2007	75% - 100%	54-0505965
Paul Brian Queally	Member, board of managers	1 Nov 2007	Other	1569646
Stephen Marion Lessing	Member, board of managers	1 Nov 2007	Other	715556
George Andrew Hambrecht	Member, board of managers	1 Nov 2007	Other	1355277
Fred Thomas Tattersall	Member, board of managers	1 Nov 2007	Other	1719646
George William Wellde	Member, board of managers	1 Nov 2007	Other	707183
Alan Whitman Breed	Member, board of managers	1 Nov 2007	Other	1552569
Stephen Joseph Kneeley	Member, board of managers	1 Nov 2007	Other	1433085
Edward Lynn Ayers	Member, board of managers	1 Nov 2007	Other	5734749
Christine Marie D'amour	Chief operating officer	1 Jul 2009	Other	5734745
Hossein Faraji Sadid	Member, board of managers	1 Jul 2009	Other	5734751
Margaret Parsons Fretz	Chief compliance officer	1 Oct 2009	Other	2380637
Jr. Charles Albert Ledsinger	Member, board of managers	1 Sep 2010	Other	5841722
Stefanie Jane Little	Chief compliance officer	1 Dec 2010	Other	4393611
Robert Lawson Tuleya	Chief compliance officer	1 Dec 2011	Other	5648666
Leonard Walter Sandridge	Member, board of managers	1 Mar 2012	Other	6044444
Patricia Little Rowland	Member, board of managers	1 Mar 2012	Other	6044449
Stephen Joseph Kneeley	Chief executive officer	1 Mar 2012	Other	1433085
Robin Joseph Blandford	President / chief investment officer	1 Jul 2012	Other	1890574
Herbert H. Mcdade Iii	Member, board of managers	1 Jul 2012	Other	1185218
Steven Coles Henderson	Director of investments	1 Jan 2013	Other	1342362
Paul Francis Costello	Chief operating officer	1 Aug 2013	Other	2030595
David Birdsall Hale	Member, board of managers	1 Aug 2013	Other	2146441
Jonathan Hunter Moore	Chief compliance officer	1 Sep 2013	Other	6254767
Stephen Joseph Kneeley	Member, board of managers	1 Jan 2014	Other	1433085
Ronald Andrew Crutcher	Member, board of managers	1 Jul 2015	Other	6563428
William Mclean	Member, board of managers	1 Aug 2015	Other	5123589
Megan Elizabeth Dickerson	Chief compliance officer	1 Jul 2018	Other	6984211
Jonathan Hunter Moore	Chief compliance officer / chief administrative officer	1 Aug 2018	Other	6254767

Based in Richmond

The principal office where Spider Management Company, LLC performs its advisory services is located at 6802 Paragon Place, Richmond, VA 23230, 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 804-289-6010 or by fax 804-289-6011. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at smc.richmond.edu/.