Citymark Capital Management Company LLC (Cleveland)

Name: Citymark Capital Management Company LLC
Address: 1375 E 9 Th St Ste 2880, Cleveland, OH, 44114
Telephone: (216) 453-8080

Citymark Capital Management Company LLC is a large advisory firm based in Cleveland. It manages $411.7 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Ohio.

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

Citymark Capital Management Company: assets under management

The assets under management (AUM) of Citymark Capital Management Company LLC is $411.7 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $411.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $205.85 million each.

Fees & Commissions

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

The only and largest group of clients of Citymark Capital Management Company is pooled investment vehicles with 2 clients and $411.7 million of assets under management. Among the 10 most similar advisory firms, Citymark Capital Management Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $411.7 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Citymark Capital Management Company also advises several private funds. Namely, two real estate funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Citymark Capital Management Company LLC

The company employs 5 people that are either part- or full-time employees. 100 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
Citymark Capital Llc	Member	1 Mar 2015	75% - 100%	47-2871555
James Allen Strauss	Chief compliance officer	1 Nov 2017	Other	6900283
Bo James Howell	Chief compliance officer	1 Jun 2019	Other	6406542

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Patrick Walsh	Managing member	1 Mar 2015	75% - 100%	3208509

Based in Cleveland

The principal office where Citymark Capital Management Company LLC performs its advisory services is located at 1375 E 9 Th St Ste 2880, Cleveland, OH 44114, 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 (216) 453-8080 or by fax (216) 282-8576. 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 citymarkcapital.com.