Cider Mill Investments LP (Greenwich)

Cider Mill Investments LP is a large advisory firm based in Greenwich. It manages $313.04 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Connecticut.

Cider Mill Investments provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cider Mill Investments: assets under management

The assets under management (AUM) of Cider Mill Investments LP is $313.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 108% since the beginning of its operation, and $68.74 million of the total AUM is attributable to clients outside of the United States.

The firm manages $313.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $78.26 million each.

Cider Mill Investments has custody of $313.04 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cider Mill Investments LP 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.

What kind of clients Cider Mill Investments serves?

The only and largest group of clients of Cider Mill Investments is pooled investment vehicles with 4 clients and $313.04 million of assets under management. Among the 8 most similar advisory firms, Cider Mill Investments has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $313.04 million for 4 clients. 75% of the firm’s clients are foreign persons or businesses.

Cider Mill Investments also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Cider Mill Investments LP

The company employs 12 people that are either part- or full-time employees. 58 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
Kenneth Francis Palumbo	Chief operating officer and chief compliance officer	1 Sep 2015	Other	5008442
Cider Mill Investments Llc	General partner of registrant	1 Sep 2015	Other	45-3639448
Cider Mill Gp Llc	General partner of relying adviser	1 Sep 2015	Other	36-4826698
Thomas Paul Wilcox	Limited partner of registrant	1 Sep 2015	75% - 100%	6613818

Based in Greenwich

The principal office where Cider Mill Investments LP performs its advisory services is located at 33 Benedict Place, Greenwich, CT 06830, 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 203-717-6770 or by fax 203-717-0124. The normal business hours are 9am - 5pm on Monday - Friday.