Resource Capital Manager, Inc. (New York)
Resource Capital Manager, Inc. is a large advisory firm based in New York. It manages $1.61 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Pennsylvania.
Resource Capital Manager provides 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.
Resource Capital Manager: assets under management
The assets under management (AUM) of Resource Capital Manager, Inc. is $1.61 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in other assets the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Resource Capital Manager, Inc. 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 Matthew Jon Stern serves?
The only and largest group of clients of Matthew Jon Stern is corporations or other businesses with 1 clients and $1.61 billion of assets under management. Among the 7 most similar advisory firms, Resource Capital Manager has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $1.61 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.
Resource Capital Manager doesn't advise any private funds.
Careers at Resource Capital Manager, Inc.
The company employs 225 people that are either part- or full-time employees. 49 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.
Matthew Jon Stern has been acting as President since 1 Jun 2017. George Edward Carleton joined the executive team most recently as the Executive Vice President.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 18 indirect owners.Based in New York
The principal office where Resource Capital Manager, Inc. performs its advisory services is located at 717 Fifth Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Philadelphia, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-506-3899 or by fax 212-245-6372. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at resourceamerica.com.
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