Rxr Asset Management LLC (Uniondale)
Rxr Asset Management LLC is a large advisory firm based in Uniondale. It manages $4.06 billion of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.
Rxr Asset Management provides portfolio management for pooled investment vehicles and 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.
Rxr Asset Management: assets under management
The assets under management (AUM) of Rxr Asset Management LLC is $4.06 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 247% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Rxr Asset Management 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 Rxr Asset Management serves?
The only and largest group of clients of Rxr Asset Management is pooled investment vehicles with 56 clients and $4.06 billion of assets under management. Among the 10 most similar advisory firms, Rxr Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.06 billion for 56 clients. None of the firm’s clients are foreign persons or businesses.
Rxr Asset Management also advises several private funds. Namely, fifty two real estate funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
Careers at Rxr Asset Management LLC
The company employs 22 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.
Rxr Management Holdings Llc joined the executive team most recently as the Managing Member.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 7 indirect owners.Based in Uniondale
The principal office where Rxr Asset Management LLC performs its advisory services is located at 625 Rxr Plaza, Uniondale, NY 11556, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 516-506-6000 or by fax 516-506-6813. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at rxrrealty.com.
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