Elmtree Funds, LLC (St. Louis)

Name: Elmtree Funds, LLC
Address: 8027 Forsyth Blvd., St. Louis, MO, 63105
Telephone: (314) 828-4200

Elmtree Funds, LLC is a mid-sized advisory firm based in St. Louis. It manages $75 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Missouri.

Elmtree Funds 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.

Elmtree Funds: assets under management

The assets under management (AUM) of Elmtree Funds, LLC is $75 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.75 million each.

Elmtree Funds has custody of $56.42 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Elmtree Funds, 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 Elmtree Funds serves?

The only and largest group of clients of Elmtree Funds is pooled investment vehicles with 3 clients and $75 million of assets under management. Among the 4 most similar advisory firms, Elmtree Funds has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $75 million for 3 clients. 25% of the firm’s clients are foreign persons or businesses.

Elmtree Funds also advises several private funds. Namely, two real estate funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $3,000,000.

Careers at Elmtree Funds, LLC

The company employs 20 people that are either part- or full-time employees. 55 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Gregory Koman	Ceo & founder	1 Jun 2011	Other	6735266
Joeseph Cheong Fai Yiu	Managing partner, head of acquisitions	1 Jun 2011	Other	6735273
Missouri Opportunity Irrevocable Trust	Member	1 Jun 2011	75% - 100%	32-0722531
David Richard Piasecki	Svp, acquisitions	1 Jun 2014	Other	2161279
Kerry Marie Gawyrch	Chief financial officer	1 Oct 2018	Other	7114519
David Hall Leavitt	Managing partner, gc, cco & head of strategy	1 Apr 2019	Other	7101046

Based in St. Louis

The principal office where Elmtree Funds, LLC performs its advisory services is located at 8027 Forsyth Blvd., St. Louis, MO 63105, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (314) 828-4200. The normal business hours are 8:00 am - 5:00 pm ct on Monday - Friday. You can find more information about the New York firm at elmtreefunds.com/ and its LinkedIn profile.