Talimco, LLC (New York)

Name: Talimco, LLC
Address: 622 Third Avenue, New York, NY, 10017
Telephone: (212) 209-1380

Talimco, LLC is an investment adviser to an investment company based in New York. It manages $70.57 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013.

Talim provides portfolio management for investment companies and 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.

Talim: assets under management

The assets under management (AUM) of Talimco, LLC is $70.57 million. The firm's AUM has gone down by -96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $59 million in discretionary accounts and $11.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $59 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.57 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Talimco, 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 Talim serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Talim is investment companies with 1 clients and $59 million of assets under management. Among the 4 most similar advisory firms, Talim has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $70.57 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Talim also advises several private funds. Namely, one securitized asset fund.

Careers at Talimco, LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
Edward L. Shugrue Iii	Chief executive officer of registrant and all 4 relying advisers	1 Dec 2005	Other	5727620
Grant Gardner Rogers	Chief operating officer,chief compliance officer, secretary of registrant and all 4 relying advisers	1 Dec 2005	Other	2470511
Neil Howard Koenig	Chief financial officer and vice president of registrant and all 4 relying advisers	1 Dec 2005	Other	5719721
Edward L. Shugrue Iii	Chief executive officer of registrant and all 3 relying advisers	1 Dec 2005	Other	5727620
Neil Koenig	Chief financial officer and vice president of registrant and all 3 relying advisers	1 Dec 2005	Other	5719721
Llc Es Capital Management	Managing member of gsrea gp3, llc (relying adviser)	1 Aug 2007	75% - 100%	80-0609081
Llc Talimco	Sole member of cmbs credit opportunities manager, llc (relying adviser)	1 Jun 2010	75% - 100%	20-3925415
Llc Es Capital Management	Sole member of talmage, llc (relying adviser)	1 Aug 2011	75% - 100%	80-0609081
Llc Talmage	Member of registrant	1 Sep 2011	75% - 100%	45-3036745
Llc Talimco	Sole member of talmage total return manager, llc (relying adviser)	1 Jul 2014	75% - 100%	20-3925415
Dina M. Myers	Chief compliance officer of registrant and all 3 relying advisers	1 Sep 2016	Other	6712266

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Es Capital Management	Member	1 Sep 2011	75% - 100%	80-0609081
Edward L. Shugrue Iii	Member	1 Sep 2011	75% - 100%	5727620
Edward L. Shugrue Iii	Member	1 Sep 2011	75% - 100%	5727620

Based in New York

The principal office where Talimco, LLC performs its advisory services is located at 622 Third Avenue, New York, NY 10017, 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) 209-1380. The normal business hours are 9:00am-5:00 pm on Monday - Friday. You can find more information about the New York firm at talmagellc.com.