Sorin Capital Management, LLC (Stamford)

Name: Sorin Capital Management, LLC
Address: 84 West Park Place, 5 Th Floor, Stamford, CT, 06901
Telephone: 203-274-9300

Sorin Capital Management, LLC is a large advisory firm based in Stamford. It manages $1.16 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Connecticut, Missouri, and New York.

Sorin 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.

Sorin Capital Management: assets under management

The assets under management (AUM) of Sorin Capital Management, LLC is $1.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1517% since the beginning of its operation, and $670.36 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $77.64 million each.

Sorin Capital Management has custody of $490.59 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 66% of the total AUM. The second-largest asset type is derivatives, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 16% of the total invested assets.

Fees & Commissions

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

The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Sorin Capital Management is pooled investment vehicles with 6 clients and $659.15 million of assets under management. Among the 7 most similar advisory firms, Sorin Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $889.6 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 32% of the firm’s clients are foreign persons or businesses.

Sorin Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Sorin Capital Management, LLC

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
James John Higgins	Ceo	1 Apr 2004	Other	2522017
Damon A. Caputo	Svp	1 Aug 2004	Other	4371109
Jason Ned Kelley	Svp	1 Aug 2004	Other	3106910
Dylan Ernest Korpita	Vp	1 Aug 2004	Other	4565006
Thomas T L Tam	Chief financial officer	1 Oct 2004	Other	2500141
John Paul Kane	Vp	1 Apr 2005	Other	4688072
Kevin Thomas Connors	Managing director - investor relations	1 Apr 2007	Other	2207199
Neil Patrick Casey	Chief compliance officer	1 May 2007	Other	5407815
Brian Richard Didonato	Senior partner	1 May 2008	Other	2503867
Matthew Rhett Chasin	Chief operating officer	1 Jul 2008	Other	2072567
Brian Richard Didonato	Managing director	1 Jan 2010	Other	2503867
Thomas Digan	Managing director	1 Dec 2013	Other	6287374
Christopher David Rae	Managing director	1 Sep 2014	Other	4431180
Llc Sorin Investment Group	Member	1 Nov 2014	75% - 100%	37-1754917
Lp Sorin Investment Group	Member	1 Nov 2014	75% - 100%	37-1754917
Neil Patrick Casey	Chief compliance officer, chief legal officer	1 Mar 2015	Other	5407815

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James John Higgins	Member	1 Nov 2014	50% - 75%	2522017
Thomas Digan	Member	1 Nov 2014	25% - 50%	6287374

Based in Stamford

The principal office where Sorin Capital Management, LLC performs its advisory services is located at 84 West Park Place, 5 Th Floor, Stamford, CT 06901, which is also the mailing address of the firm. An additional office of the firm is in St. Louis, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-274-9300 or by fax 203-274-9311. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at sorincapital.com/.