Svof/Mm, LLC (Santa Monica)

Name: Svof/Mm, LLC
Address: 2951 28 Th Street, Santa Monica, CA, 90405
Telephone: 310-566-1000

Svof/Mm, LLC is a large advisory firm based in Santa Monica. It manages $1.06 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of California.

Svof/Mm 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.

Svof/Mm: assets under management

The assets under management (AUM) of Svof/Mm, LLC is $1.06 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -62% since the beginning of its operation, and $346 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.06 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $264.25 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Svof/Mm, 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 Svof/Mm serves?

The only and largest group of clients of Svof/Mm is pooled investment vehicles with 4 clients and $1.06 billion of assets under management. Among the 10 most similar advisory firms, Svof/Mm has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.06 billion for 4 clients. 25% of the firm’s clients are foreign persons or businesses.

Svof/Mm also advises several private funds. Namely, four securitized asset funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Svof/Mm, LLC

The company employs 33 people that are either part- or full-time employees. 97 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
Llc Tennenbaum Capital Partners	Managing member	1 Jul 2004	Other	113203
Babson Capital Management Llc	Member	1 Jul 2004	Other	106006
Howard Marshall Levkowitz	Authorized representative	1 Jul 2004	Other	4404130
Mark Keith Holdsworth	Authorized representative	1 Jul 2004	Other	2438603
Llc Tennenbaum & Co.	Principal member	1 Jul 2004	25% - 50%	95-4587347
David J Adler	Employee member	1 Jul 2004	Other	4604582
Jose Enrique Feliciano	Employee member	1 Jul 2004	Other	2526803
David Andrew Hollander	Employee member	1 Jul 2004	Other	4604590
Robert Gary Dipaolo	Employee member	1 Jul 2004	Other	4604596
Steven Chiaray Chang	Employee member	1 Jul 2004	Other	2648097
Matthew Grimes	Employee member	1 Jul 2004	Other	4650558
Mariusz Joseph Mazurek	Employee member	1 Jul 2004	Other	4650559
Paul L Davis	Chief compliance officer	1 Sep 2004	Other	4547644
Paul Leslie Davis	Chief compliance officer	1 Sep 2004	Other	4547644
Llc Tennenbaum & Co.	Member	1 Jul 2006	25% - 50%	95-4587347
Elizabeth Alice Greenwood	Chief compliance officer	1 Sep 2008	Other	5052839
Michael Eric Leitner	Managing partner	1 Jun 2016	Other	2367242
Paul Leslie Davis	Chief financial officer	1 Jun 2016	Other	4547644
Rajneesh Vig	Managing partner	1 Jun 2016	Other	3203963
Philip M Tseng	Managing partner	1 Jun 2016	Other	2773613
Howard Marshall Levkowitz	Managing director	1 Aug 2018	Other	4404130
Elizabeth Alice Greenwood	Managing director	1 Aug 2018	Other	5052839
Michael Eric Leitner	Managing director	1 Aug 2018	Other	2367242
Paul Leslie Davis	Managing director	1 Aug 2018	Other	4547644
Rajneesh Vig	Managing director	1 Aug 2018	Other	3203963
Philip M Tseng	Managing director	1 Aug 2018	Other	2773613
Lee Robert Landrum	Managing director	1 Aug 2018	Other	2604312
James Edward Keenan	Managing director	1 Sep 2018	Other	7005594
Charles Choon Sik Park	Chief compliance officer	1 Sep 2018	Other	2704483

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Michael Ernest Tennenbaum	Managing member	1 Jun 1996	25% - 50%	444068
Suzanne Stockfischtennenbaum	Member	1 Jun 1996	25% - 50%	2896797
Llc Tennenbaum & Co.	Managing member	1 May 1999	25% - 50%	95-4587347
Massmutual Holding Llc	Direct owner	1 Jul 2004	75% - 100%	04-2854319
Massachusetts Mutual Life Insurance Company	Shareholder of massmutual holding llc	1 Jul 2004	75% - 100%	04-1590850
Inc. Blackrock Capital Holdings	Member	1 Sep 2006	75% - 100%	20-8343733
Inc. Blackrock Holdco 2	Sole shareholder	1 Sep 2006	75% - 100%	68-0635711
Blackrock Inc.	Sole shareholder	1 Sep 2006	75% - 100%	32-0174431
Inc Blackrock Financial Management	Sole shareholder	1 Mar 2015	75% - 100%	107105
Llc Blackrock Advisors	Member	1 Sep 2017	75% - 100%	106614
Llc Blackrock Capital Investment Advisors	Member	1 Aug 2018	75% - 100%	290336

Based in Santa Monica

The principal office where Svof/Mm, LLC performs its advisory services is located at 2951 28 Th Street, Santa Monica, CA 90405, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-566-1000 or by fax 310-921-5614. The normal business hours are 7:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at tennenbaumcapital.com.