Blue Elephant Capital Management, LLC (Irvington)

Name: Blue Elephant Capital Management, LLC
Address: 3 West Main Street, Irvington, NY, 10533
Telephone: (914) 274-8483

Blue Elephant Capital Management, LLC is a mid-sized advisory firm based in Irvington. It manages $48.71 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Blue Elephant Capital Management provides 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.

Blue Elephant Capital Management: assets under management

The assets under management (AUM) of Blue Elephant Capital Management, LLC is $48.71 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -46% since the beginning of its operation, and $4.15 million of the total AUM is attributable to clients outside of the United States.

The firm manages $48.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.24 million each.

Blue Elephant Capital Management has custody of $48.71 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blue Elephant Capital Management, 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.

What kind of clients Blue Elephant Capital Management serves?

The only and largest group of clients of Blue Elephant Capital Management is pooled investment vehicles with 3 clients and $48.71 million of assets under management. Among the 4 most similar advisory firms, Blue Elephant Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $48.71 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Blue Elephant Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $500,000.

Careers at Blue Elephant Capital Management, LLC

The company employs 4 people that are either part- or full-time employees. 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
Ashees Jain	Managing member and chief compliance officer	1 Oct 2013	25% - 50%	5009656
Joseph Paul Marra	Managing member	1 Oct 2013	25% - 50%	1977274
Brian Hale Weinstein	Managing member	1 Aug 2014	25% - 50%	2927872

Based in Irvington

The principal office where Blue Elephant Capital Management, LLC performs its advisory services is located at 3 West Main Street, Irvington, NY 10533, 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 (914) 274-8483. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at bluelep.com.