Black Maple Capital Management LP (Milwaukee)

Name: Black Maple Capital Management LP
Address: 735 North Water Street, Milwaukee, WI, 53202
Telephone: 414-294-7777

Black Maple Capital Management LP is a large advisory firm based in Milwaukee. It manages $92.56 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Wisconsin.

Black Maple Capital Management provides portfolio management for individuals and small businesses and 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.

Black Maple Capital Management: assets under management

The assets under management (AUM) of Black Maple Capital Management LP is $92.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $92.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.28 million each.

Black Maple Capital Management has custody of $92.56 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Black Maple Capital Management 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 Black Maple Capital Management serves?

The only and largest group of clients of Black Maple Capital Management is pooled investment vehicles with 2 clients and $92.56 million of assets under management. Among the 11 most similar advisory firms, Black Maple Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $92.56 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

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

Careers at Black Maple Capital Management LP

The company employs 6 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
Robert James Barnard	Chief executive officer / chief investment officer of black maple capital management lp	1 Jun 2013	25% - 50%	4007217
Daniel Joseph Mcnally	Chief operating officer / general counsel of black maple capital management lp	1 Jun 2013	Other	5245155
Veton Nimani	Chief risk officer of black maple capital management lp	1 Jun 2013	Other	5972783
Joseph Roy Tylicki	Chief financial officer of black maple capital management lp	1 Jun 2013	Other	5882769
Ryan Robert Anderson	Chief compliance officer / anti-money laundering compliance officer of black maple capital management lp	1 Jun 2013	Other	4283412
Donald Trent Bobbs	Principal of black maple capital management lp	1 Jun 2013	25% - 50%	4280827
Black Maple Capital Holdings Llc	General partner of black maple capital management lp	1 Jun 2013	Other	46-3083727
Venton Nimani	Chief risk officer of black maple capital management lp	1 Jun 2013	Other	5972783
Michael Troy Holmes	Principal of black maple capital management lp	1 Aug 2013	Other	3008583
Michael Anthony Roth	Passive limited partner of black maple capital management lp	1 Aug 2013	Other	2183296

Based in Milwaukee

The principal office where Black Maple Capital Management LP performs its advisory services is located at 735 North Water Street, Milwaukee, WI 53202, 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 414-294-7777 or by fax 414-294-7799. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at blackmaplecapital.com.