Emerald Direct Lending Advisers, LLC (Leola)


Emerald Direct Lending Advisers, LLC is a related adviser based in Leola. It manages $2.98 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Ohio and Pennsylvania.

Emerald Direct Lending Advisers provides portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Emerald Direct Lending Advisers: assets under management

The assets under management (AUM) of Emerald Direct Lending Advisers, LLC is $2.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.98 million each.
Emerald Direct Lending Advisers has custody of $2.98 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Emerald Direct Lending Advisers, LLC for their services and products based on a percentage of assets under management. 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 Emerald Direct Lending Advisers serves?

The only and largest group of clients of Emerald Direct Lending Advisers is pooled investment vehicles with 1 clients and $2.98 million of assets under management. Among the 2 most similar advisory firms, Emerald Direct Lending Advisers has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.98 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Emerald Direct Lending Advisers also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Emerald Direct Lending Advisers, LLC

The company employs 6 people that are either part- or full-time employees. 50 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 compensates 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
Llc Emerald Direct Lending Capital Parent company 1 Jul 2013 75% - 100% 46-2853127
Joseph Edward Besecker President and board member 1 Jul 2013 Other 1142348
Scott Lambert Rehr Chief compliance officer 1 Jul 2013 Other 1539373
Daniel Webster Moyer Executive vice president and board member 1 Jul 2013 Other 1018789
Richard Earl Keller Vice president and board member 1 Jul 2013 Other 4471817
Paul Willard Ware Board member 1 Jul 2013 Other 6318229

Indirect Owners

The SEC currently registers 18 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Emerald Asset Management Parent company 1 Jul 2009 75% - 100% 23-2650313
Joseph Edward Besecker Trustee 1 Sep 2012 Other 1142348
Paul Willard Ware Trustee 1 Sep 2012 Other 6318229
Daniel Webster Moyer Trustee 1 Sep 2012 Other 1018789
Emerald Asset Management Employee Stock Ownership Trust Shareholder 1 Sep 2012 75% - 100% 35-2456016
Emerald Asset Management Employee Stock Ownership Trust Shareholder 1 Jul 2013 75% - 100% 35-2456016
Emerald Separate Account Management Llc Parent company 1 Jul 2013 75% - 100% 150202
Charles Albert Brizius Member/manager 1 Jun 2016 Other 2168268
Christopher James Maguire Member 1 Jul 2016 Other 7038284
Michael Arthur Ross Wilson Member 1 Jul 2016 Other 7038287
John Thomas Hailer Member/manager 1 Jan 2018 50% - 75% 1635883
Llc 1251 Asset Management Platform Member 1 Oct 2018 50% - 75% 83-2291747
Inc. Emerald Asset Management Shareholder 1 Oct 2018 25% - 50% 23-2650313
Llc Emerald Asset Management Pa Member 1 Oct 2018 75% - 100% 83-1180034
Llc 1251 Asset Management Payco Member 1 Oct 2018 75% - 100% 83-2272637
Llc 1251 Financing Company Member 1 Oct 2018 75% - 100% 83-2253458
Inc. 1251 Capital Group Managing member 1 Oct 2018 75% - 100% 47-0998238
Llc 1251 Capital Group Holdings Shareholder 1 Oct 2018 Other 81-2833224

Based in Leola

The principal office where Emerald Direct Lending Advisers, LLC performs its advisory services is located at 3175 Oregon Pike, Leola, PA 17540, which is also the mailing address of the firm. An additional office of the firm is in Solon, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 717-556-8900 or by fax 717-556-8895. The normal business hours are 8:30 a.m. - 5:00 p..m. et on Monday - Friday. You can find more information about the New York firm at emerald-dla.com.