Chso Management, LLC (Washington)

Name: Chso Management, LLC
Address: 2020 K Street, Nw, Washington, DC, 20006
Telephone: 202-808-2504

Chso Management, LLC is a large advisory firm based in Washington. It manages $1.04 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California and District of Columbia.

Chso 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.

Chso Management: assets under management

The assets under management (AUM) of Chso Management, LLC is $1.04 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.04 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.77 million each.

Investments

The firm invests in non-exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 31% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Chso 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 Chso Management serves?

The firm provides services to charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Chso Management is pooled investment vehicles with 7 clients and $834.33 million of assets under management. Among the 8 most similar advisory firms, Chso Management has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.04 billion for 12 clients. None of the firm’s clients are foreign persons or businesses.

Chso Management also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Chso Management, LLC

The company employs 12 people that are either part- or full-time employees. 83 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
Barry Jay Uphoff	Member	1 Jul 2015	75% - 100%	5574866
Shahab Omid Vagefi	Member	1 Jul 2015	Other	3252082
Andrea Lynn Pekala	Chief compliance officer	1 Feb 2018	Other	6943045

Based in Washington

The principal office where Chso Management, LLC performs its advisory services is located at 2020 K Street, Nw, Washington, DC 20006, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-808-2504. The normal business hours are 9am- 5 pm on Monday - Friday. You can find more information about the New York firm at capricornhealthcare.com.