Moerus Capital Management LLC (New York)


Moerus Capital Management LLC is a large advisory firm based in New York. It manages $695.21 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016.

Moerus Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Moerus Capital Management: assets under management

The assets under management (AUM) of Moerus Capital Management LLC is $695.21 million. The firm's AUM has grown by 33534% since the beginning of its operation, and $154.49 million of the total AUM is attributable to clients outside of the United States.

The firm manages $522.04 million in discretionary accounts and $173.17 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.17 million.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Moerus Capital Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Moerus Capital Management serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Moerus Capital Management is pension and profit sharing plans with 2 clients and $318.29 million of assets under management. Among the 10 most similar advisory firms, Moerus Capital Management has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $592.99 million for 9 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 50% of the firm’s clients are foreign persons or businesses.

Moerus Capital Management 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 Moerus Capital Management LLC

The company employs 8 people that are either part- or full-time employees. 38 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
Amit Bhagwandas Wadhwaney Managing member 1 Oct 2015 75% - 100% 2163077
Michael R Campagna Partner, research analyst 1 Oct 2015 Other 4860162
John Michael Mauro Partner, research analyst 1 Oct 2015 Other 4710406
Thomas Michael Quinn Chief operating officer/head of business development, cfo 1 Oct 2015 Other 2330771
Jay Wilson Haas Chief compliance officer 1 Jul 2016 Other 4123504

Based in New York

The principal office where Moerus Capital Management LLC performs its advisory services is located at 307 West 38 Th Street, New York, NY 10018, 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 1-212-461-4088 or by fax 212-271-1990. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at moeruscap.com.