Acuitas Investments, LLC (Seattle)

Name: Acuitas Investments, LLC
Address: 520 Pike Street, Seattle, WA, 98101
Telephone: 206-299-2070

Acuitas Investments, LLC is a large advisory firm based in Seattle. It manages $702.29 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Washington.

Acuitas Investments provides portfolio management for investment companies, 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.

Acuitas Investments: assets under management

The assets under management (AUM) of Acuitas Investments, LLC is $702.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1627% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $702.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $70.23 million each.

Acuitas Investments has custody of $4.83 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acuitas Investments, 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 Rebecca Kampe Tessin serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Rebecca Kampe Tessin is investment companies with 2 clients and $105.3 million of assets under management. Among the 10 most similar advisory firms, Acuitas Investments has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $110.13 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Acuitas Investments also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Acuitas Investments, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 2 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.

Rebecca Kampe Tessin has been acting as President since 1 May 2017. Lisa Marie Thenell joined the executive team most recently as the Chief Compliance Officer/Director Of Operations.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dennis Wesley Jensen	Manager	1 Nov 2010	25% - 50%	5167734
Christopher David Tessin	Manager and member	1 Jan 2011	50% - 75%	2621666
Rebecca Kampe Tessin	Director, chief compliance officer	1 Sep 2011	Other	3117024
Rebecca Kampe Tessin	Director	1 May 2017	Other	3117024
Lisa Marie Thenell	Chief compliance officer/director of operations	1 May 2017	Other	2008781

Based in Seattle

The principal office where Acuitas Investments, LLC performs its advisory services is located at 520 Pike Street, Seattle, WA 98101, 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 206-299-2070 or by fax 206-257-3090. The normal business hours are 8 am - 4 pm on Monday - Friday. You can find more information about the New York firm at acuitasinvestments.com.