Silverbay Capital Management LLC (New York)


Silverbay Capital Management LLC is a large advisory firm based in New York. It manages $4.53 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of New York.

Silverbay Capital Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Silverbay Capital Management: assets under management

The assets under management (AUM) of Silverbay Capital Management LLC is $4.53 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1603% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.53 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.53 billion each.

Fees & Commissions

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

The only and largest group of clients of Silverbay Capital Management is investment companies with 1 clients and $4.53 billion of assets under management. Among the 9 most similar advisory firms, Silverbay Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.53 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Silverbay Capital Management doesn't advise any private funds.

Careers at Silverbay Capital Management LLC

The company employs 51 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 31 people 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
Llc Alkeon Capital Management Sole member; managing member 1 Aug 2009 75% - 100% 118059
Smh Capital Inc. Member 1 Aug 2009 50% - 75% 20580
Andrew Tyson Arnedt Managing director/chief compliance officer 1 Aug 2009 Other 3152572
Sanders Morris Harris Inc. Member 1 Aug 2009 50% - 75% 20580
Gregory Daniel Jakubowsky Chief operating officer 1 Mar 2015 Other 2155311
Jennifer Wendy Shufro Chief compliance officer 1 Mar 2015 Other 6466588

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Sanders Morris Harris Group Inc. Parent company 1 Feb 2000 75% - 100% 76-0583569
The Edelman Financial Group Inc. Parent company 1 Feb 2000 75% - 100% 76-0583569
Panayotis D Sparaggis Manager; member 1 Nov 2001 50% - 75% 2542136

Based in New York

The principal office where Silverbay Capital Management LLC performs its advisory services is located at 350 Madison Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-716-6840. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.