Ermitage Asset Management Jersey Limited (St Helier)


Ermitage Asset Management Jersey Limited is a large advisory firm based in St Helier. It manages $604.87 million of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2007.

Ermitage Asset Management Jersey Limited provides portfolio management for pooled investment vehicles, selection of other advisers, and portfolio management for private investment 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.

Ermitage Asset Management Jersey Limited: assets under management

The assets under management (AUM) of Ermitage Asset Management Jersey Limited is $604.87 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $604.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.84 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ermitage Asset Management Jersey Limited 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.

Careers at Ermitage Asset Management Jersey Limited

Alexandra Jane Heath joined the executive team most recently as the Executive Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ermitage Jersey Limited Shareholder 1 Feb 1996 75% - 100% foreign
Andrew Noel Whelan Executive director 1 Dec 2001 Other 5073538
Mark Hucker Chief compliance officer 1 Jan 2004 Other 5073536
Ian Christopher Cadby Chief executive officer 1 Sep 2004 Other 5073535
Jonathan Dominic Wauton Executive director 1 Nov 2004 Other 5228160
David Paul Morrissey Chief operations officer 1 Apr 2007 Other 5368129
Nicholas John Macleod Executive director 1 Nov 2007 Other 5461339
Miguel Angel De Miguel Segura Chief compliance officer 1 Dec 2007 Other 5461337
Samantha Fletcher Watts Chief compliance officer 1 Aug 2008 Other 5625351
Kelly Marie O'donnell Chief compliance officer 1 Oct 2010 Other 5952609
Arie Assayag Executive director 1 Jul 2011 Other 2341356
David Paul Morrissey Chief compliance officer 1 Apr 2012 Other 5368129
Alexandra Jane Heath Executive director 1 Jan 2013 Other 6178214

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ermitage Limited Shareholder 1 May 2006 75% - 100% foreign
Caledonia Investments Plc Shareholder 1 May 2006 50% - 75% foreign
Nexar Capital Llc Shareholder 1 Jul 2011 75% - 100% 150254
Nexar Capital Group Sca Shareholder 1 Jul 2011 75% - 100% 98-0631900
Ubp Sa Shareholder 1 Apr 2012 75% - 100% 00-0000000

Based in St Helier

The principal office where Ermitage Asset Management Jersey Limited performs its advisory services is located at 2 Nd Floor, St Helier, Je1 9 Lb, 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 011-44-1534-615-500 or by fax 011-44-1534-615-520. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at www.ermitagegroup.com.