Consector Capital, LP (New York)

Name: Consector Capital, LP
Address: 420 Lexington Avenue, New York, NY, 10170
Telephone: 212-235-0347

Consector Capital, LP is a large advisory firm based in New York. It manages $126.67 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014.

Consector Capital 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.

Consector Capital: assets under management

The assets under management (AUM) of Consector Capital, LP is $126.67 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -77% since the beginning of its operation, and $17.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $126.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.67 million each.

Consector Capital has custody of $48.02 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Consector Capital, LP 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 Consector Capital serves?

The only and largest group of clients of Consector Capital is pooled investment vehicles with 4 clients and $126.67 million of assets under management. Among the 9 most similar advisory firms, Consector Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $126.67 million for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Consector Capital also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Consector Capital, LP

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 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
William James Black	Managing partner	1 Sep 2007	75% - 100%	2516344
Llc Consector Capital Gp	General partner	1 Sep 2011	Other	45-3538193
Guy Adam Betterbid	Chief financial officer	1 Jan 2013	Other	4052000
Timothy James Stewart	Chief operating officer and chief compliance officer	1 Nov 2013	Other	2830785

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
William James Black	Managing member	1 Sep 2011	75% - 100%	2516344

Based in New York

The principal office where Consector Capital, LP performs its advisory services is located at 420 Lexington Avenue, New York, NY 10170, which is also the mailing address of the firm. An additional office of the firm is in Basking Ridge, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-235-0347 or by fax 646-650-5464. The normal business hours are 8am-5pm est on Monday - Friday. You can find more information about the New York firm at consectorcapital.com.