Resolution Recovery Partners Manager, LLC is a mid-sized advisory firm based in New York. It manages $88 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.
Resolution Recovery Partners Manager provides portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Resolution Recovery Partners Manager, LLC is $88 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Resolution Recovery Partners Manager, 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.
The only and largest group of clients of Eric M Schwartz is pooled investment vehicles with 1 clients and $88 million of assets under management. Among the 2 most similar advisory firms, Resolution Recovery Partners Manager has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $88 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Resolution Recovery Partners Manager also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 6 people that are either part- or full-time employees. 33 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.
Eric M Schwartz has been acting as President since 1 Aug 2014. Walter Desmond Karle joined the executive team most recently as the Chief Compliance Officer.
The principal office where Resolution Recovery Partners Manager, LLC performs its advisory services is located at 110 East 59 Th Street, 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) 829-4952 or by fax (212) 829-4772. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at cantor.com.