Gems Management Limited is a mid-sized advisory firm based in Nassau. It manages $86.5 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2004.
Gems Management Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and fund of funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gems Management Limited is $86.5 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -86% since the beginning of its operation, and $86.5 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Gems Management Limited 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.
The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Cedric Carroll is pooled investment vehicles with 2 clients and $56 million of assets under management. Among the 3 most similar advisory firms, Gems Management Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $86.5 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.
Gems Management Limited doesn't advise any private funds.
The company employs 10 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 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.
Cedric Carroll has been acting as President since 1 Jul 1994. Indira Arshia Ferguson joined the executive team most recently as the Compliance Officer.
The principal office where Gems Management Limited performs its advisory services is located at Harbour Bay Shopping Plaza, Nassau, The mailing address of the firm is Harbour Bay Shopping Plaza, Nassau, . The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 242-326-1904. The normal business hours are 9 - 5 on Monday - Friday. You can find more information about the New York firm at olympiagroup.com.