Altum Capital Management, LLC (New York)

Altum Capital Management 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.

Altum Capital Management: assets under management

The assets under management (AUM) of Altum Capital Management, LLC is $1.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 458% since the beginning of its operation, and $500.23 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $136.17 million each.

Altum Capital Management has custody of $500.23 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Altum Capital Management, LLC 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 Altum Capital Management serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Altum Capital Management is pooled investment vehicles with 5 clients and $1.08 billion of assets under management. Among the 9 most similar advisory firms, Altum Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.09 billion for 6 clients. 33% of the firm’s clients are foreign persons or businesses.

Altum Capital Management also advises several private funds. Namely, two hedge funds and one private equity fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Altum Capital Management, LLC

The company employs 16 people that are either part- or full-time employees. 38 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

Based in New York

The principal office where Altum Capital Management, LLC performs its advisory services is located at 681 5 Th Avenue, New York, NY 10022, 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 212-317-4000 or by fax 212-317-4013. The normal business hours are 8:00 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at altumcredit.com.

Registered investment advisers similar to Altum Capital Management, LLC

• Sage, Rutty & Co.
• Vigilant Capital Management
• Emergent Financial Services
• The Electrum Group
• Per Stirling Capital Management
• Wall Capital Group
• Phoenix/Zweig Advisers
• Herndon Capital Management
• Par Four Investment Management, L.L.C
• Banquo Credit Management
• Red Cedar Investment Management
• Henderson Investors North American
• Boys, Arnold & Company
• Ameristock Corp
• Dlj Real Estate Capital Partners