Erg Asset Management LLC (Norwalk)


Erg Asset Management LLC is an adviser based in Norwalk. It manages $16.94 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Connecticut.

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Erg Asset Management provides portfolio management for pooled investment vehicles 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.

Erg Asset Management: assets under management

The assets under management (AUM) of Erg Asset Management LLC is $16.94 million. The firm's AUM has gone down by -97% since the beginning of its operation, and $15.91 million of the total AUM is attributable to clients outside of the United States.


Erg Asset Management has custody of $9.82 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Erg Asset Management LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Erg Asset Management serves?

The only and largest group of clients of Erg Asset Management is pooled investment vehicles with 2 clients and $16.86 million of assets under management. Among the 1 most similar advisory firms, Erg Asset Management has the highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $16.86 million for 2 clients. 94% of the firm’s clients are foreign persons or businesses.

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

Careers at Erg Asset Management LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Erg Asset Management LLC is owned by James Spencer Matthews. Michael Kenneth Staveley joined the executive team most recently as the Owner And Manager.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Eden Rock Capital Management Related adviser 1 Feb 2012 25% - 50% 138783
Amy Lai Executive committee member 1 Feb 2012 Other 2634140
George Mark O'dowd Executive committee member 1 Feb 2012 Other 2219430
William Henderson Woolverton Chief compliance officer 1 Feb 2012 Other 1494141
Ltd. Gottex Fund Management Related adviser 1 Feb 2012 50% - 75% 139588
Michael Kenneth Staveley Executive committee member 1 Feb 2012 Other 2722836
Tim Roniger Executive committee member 1 Dec 2012 Other 5085944
Michael Kenneth Staveley Owner and manager 1 Jun 2016 Other 2722836
James Spencer Matthews Owner 1 Jun 2016 Other 5086398
Edward Marcus Horner Owner 1 Jun 2016 Other 4029881
Fabio Nicola Raffaele Morandi Owner 1 Jun 2016 Other 5499747
David John Higgins Owner 1 Jun 2016 Other 5647254
David Gervais Owner 1 Jun 2016 Other 5761927
Nicola Jayne Corrin Owner 1 Jun 2016 Other 5086552
Peter Loo Owner 1 Jun 2016 Other 6673189
Gmod Llc Owner 1 Jun 2016 Other 81-2638699
Kimberly Ann Morabito Chief compliance officer 1 Jun 2016 Other 6672598
Guy Locke Manager 1 Jun 2016 Other 6676838

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gottex Fund Management Sarl Owner 1 Sep 2003 75% - 100% 138245
Gottex Partners Sarl (Luxembourg) Owner 1 Nov 2005 75% - 100% 980477381
Gottex Management Sa Sicar Owner 1 Nov 2005 75% - 100% foreign entity
Ltd. Gottex Fund Management Entity 1 Mar 2012 50% - 75% 139588
Gottex America Limited Foreign entity 1 Nov 2015 75% - 100% foreign entity
George Mark O'dowd Owner 1 Jun 2016 75% - 100% 2219430

Based in Norwalk

The principal office where Erg Asset Management LLC performs its advisory services is located at 50 Washington Street, Norwalk, CT 06854, 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 646-722-9660. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at ergassetmanagement.com/.