Concise Capital Management, LP is a large advisory firm based in Miami. It manages $350.46 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Florida.
Concise Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Concise Capital Management, LP is $350.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 826% since the beginning of its operation, and $333.3 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Concise 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.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Concise Capital Management is pooled investment vehicles with 4 clients and $168.91 million of assets under management. Among the 8 most similar advisory firms, Concise Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $186.04 million for 5 clients. 67% of the firm’s clients are foreign persons or businesses.
Concise Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 11 people that are either part- or full-time employees. 45 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Concise Capital Management, LP performs its advisory services is located at 1111 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 305-371-4578 or by fax 305-503-8839. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at concisecapital.com.