Palisades Management, LLC (Los Angeles)

Name: Palisades Management, LLC
Address: 11726 San Vincente Blvd., Los Angeles, CA, 90049
Telephone: 310-571-6214

Palisades Management, LLC is a large advisory firm based in Los Angeles. It manages $166.96 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016.

Palisades Management 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.

Palisades Management: assets under management

The assets under management (AUM) of Palisades Management, LLC is $166.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $166.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $41.74 million each.

Fees & Commissions

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

The only and largest group of clients of Palisades Management is pooled investment vehicles with 4 clients and $166.96 million of assets under management. Among the 6 most similar advisory firms, Palisades Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $166.96 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Palisades Management also advises several private funds. Namely, one private equity fund and three venture capital funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $932,763.

Careers at Palisades Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Paul Nicholas Daddario	Managing partner	1 Sep 2001	Other	1687181
Vandelay Industries Llc	Owner	1 Sep 2001	50% - 75%	06-1622082
Anders Nygaard Richardson	Managing partner-chief compliance officer	1 Aug 2015	Other	2468273
Kevorka Llc	Owner	1 Aug 2015	50% - 75%	47-5182927
Jeffrey Howard Anderson	Partner	1 Jul 2017	Other	2743668

Based in Los Angeles

The principal office where Palisades Management, LLC performs its advisory services is located at 11726 San Vincente Blvd., Los Angeles, CA 90049, 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 310-571-6214 or by fax 310-207-9180. The normal business hours are 9:00 am -5:00pm on Monday - Friday. You can find more information about the New York firm at palisadesgrowth.com.