Cedar Ridge Partners, LLC is a large advisory firm based in Greenwich. It manages $122.34 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Connecticut.
Cedar Ridge Partners provides portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of Cedar Ridge Partners, LLC is $122.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 257% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cedar Ridge Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Cedar Ridge Partners is investment companies with 1 clients and $73.55 million of assets under management. Among the 11 most similar advisory firms, Cedar Ridge Partners has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $107 million for 7 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cedar Ridge Partners also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Cedar Ridge Partners, LLC performs its advisory services is located at 45 E. Putnam Ave., Suite 124, Greenwich, CT 06830, 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 203-422-0080 or by fax 203-422-0768. The normal business hours are 8am - 5pm est on Monday - Friday. You can find more information about the New York firm at cedarridgepartners.com.