Sierra Crest Investment Management LLC (New York)

Sierra Crest Investment Management LLC is a large advisory firm based in New York. It manages $282.63 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018.

Sierra Crest Investment 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.

Sierra Crest Investment Management: assets under management

The assets under management (AUM) of Sierra Crest Investment Management LLC is $282.63 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $282.63 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $282.63 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sierra Crest Investment 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 Sierra Crest Investment Management serves?

The only and largest group of clients of Sierra Crest Investment Management is business development companies with 1 clients and $282.63 million of assets under management. Among the 7 most similar advisory firms, Sierra Crest Investment Management has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $282.63 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Sierra Crest Investment Management doesn't advise any private funds.

Careers at Sierra Crest Investment Management LLC

The company employs 15 people that are either part- or full-time employees. 80 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
Bc Partners Inc	Parent owner	1 Dec 2018	75% - 100%	123
Edward Joseph Goldthorpe	Executive officer	1 Dec 2018	Other	3278806
Matthias L Ederer	Executive officer	1 Dec 2018	Other	5191141
Henry Han Wei Wang	Executive officer	1 Dec 2018	Other	4210992
Veena Malpani	Chief compliance officer	1 Dec 2018	Other	5744377
Llc Libremax Sc	Parent	1 Apr 2019	Other	83-1944985

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bc Partners Advisors Holdings Limited	Parent owner	1 Dec 2018	75% - 100%	10023910
Bc Partners Holdings Limited	Parent owner	1 Dec 2018	75% - 100%	29682

Based in New York

The principal office where Sierra Crest Investment Management LLC performs its advisory services is located at 650 Madison Avenue, 23 Rd Floor, New York, NY 10022 The mailing address of the firm is 650 Madison Avenue, 23 Rd Floor, New York, NY 10022. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-891-2880. The normal business hours are 9am - 5pm on Monday - Friday.