Cion Ares Management, LLC (New York)


Cion Ares Management, LLC is a large advisory firm based in New York. It manages $325.64 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Delaware and New York.

Cion Ares 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.

Cion Ares Management: assets under management

The assets under management (AUM) of Cion Ares Management, LLC is $325.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 325537% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $325.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $325.64 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cion Ares Management, LLC 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 Cion Ares Management serves?

The only and largest group of clients of Cion Ares Management is investment companies with 1 clients and $325.64 million of assets under management. Among the 11 most similar advisory firms, Cion Ares Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $325.64 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Cion Ares Management doesn't advise any private funds.

Careers at Cion Ares Management, LLC

The company employs 8 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.

Miriam Goldsmith Krieger joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
L.P. Ares Holdings Member 1 Dec 2010 50% - 75% 26-0198197
Michael Daniel Weiner Chief legal officer 1 Oct 2016 Other 4698763
Gregory Alan Margolies Vice president 1 Oct 2016 Other 2418751
Mitchell Scott Goldstein Vice president 1 Oct 2016 Other 2383425
Mark Gatto Co-president and chief executive officer 1 Oct 2016 Other 5596285
Michael Adam Reisner Co-president and chief executive officer 1 Oct 2016 Other 4672941
Michael J (Mi Only) Arougheti Vice president 1 Oct 2016 Other 2735734
Anthony Stanton Dell Chief compliance officer 1 Oct 2016 Other 2699043
Llc Cion Holdings Member 1 Nov 2016 Other 45-3275112
Penelope Facemire Roll Chief financial officer 1 Jan 2017 Other 4374072
Miriam Goldsmith Krieger Chief compliance officer 1 Sep 2017 Other 6028814
Michael J (Mi Only) Arougheti Chief executive officer 1 Jan 2018 Other 2735734

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Antony Peter Ressler Member 1 Jan 2002 25% - 50% 1878120
Ares Owners Holdings L.P. Partner 1 May 2007 50% - 75% 01-0605009
Mark Gatto Shareholder 1 Mar 2008 25% - 50% 5596285
Michael Adam Reisner Shareholder 1 Mar 2008 25% - 50% 4672941
Mark Gatto Member series b 1 Jan 2013 25% - 50% 5596285
Michael Adam Reisner Member series b 1 Jan 2013 25% - 50% 4672941
Warrenton Capital Corp. Member series a 1 Jan 2013 75% - 100% 45-1574252
Ares Holdco Llc Partner/general partner 1 May 2014 Other 30-0880125
Ares Partners Holdco Llc Parter/general partner 1 May 2014 Other 46-5192240
Ares Holdings Inc Member 1 Oct 2016 25% - 50% 26-0198141
L.P. Ares Management Stockholder 1 Oct 2016 25% - 50% 80-0962035
Llc Cion Investment Group Member 1 Oct 2016 25% - 50% 45-3275112

Based in New York

The principal office where Cion Ares Management, LLC performs its advisory services is located at 3 Park Avenue, 36 Th Floor, New York, NY 10016, 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 212-418-4700. The normal business hours are 9am est - 530pm est on Monday - Friday. You can find more information about the New York firm at aresmgmt.com.