Ripple Capital Management L.P. (New York)

Ripple Capital Management L.P. is a mid-sized advisory firm based in New York. It manages $39.53 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2013.

Ripple Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ripple Capital Management: assets under management

The assets under management (AUM) of Ripple Capital Management L.P. is $39.53 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $39.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.8 million each.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ripple Capital Management L.P. 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 Ripple Capital Management serves?

The firm provides services to individuals and pooled investment vehicles. The largest group of clients of Ripple Capital Management is pooled investment vehicles with 1 clients and $26.59 million of assets under management. Among the 3 most similar advisory firms, Ripple Capital Management has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $39.53 million for 22 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.

Ripple Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Ripple Capital Management L.P.

The company employs 4 people that are either part- or full-time employees. 50 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
Ripple Capital Management Llc	General partner	1 Sep 2013	Other	46-2513022
Robert Anthony Mctamaney	Chief executive officer, limited partner	1 Sep 2013	75% - 100%	4120983
Chunli John Hou	Chief operating officer, chief compliance officer	1 Sep 2013	Other	4185213
Nicholas French Burgin	Co-founder	1 Sep 2013	Other	6258781

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Anthony Mctamaney	Manager	1 Apr 2013	75% - 100%	4120983
Nicholas French Burgin	Manager	1 Apr 2016	50% - 75%	6258781

Based in New York

The principal office where Ripple Capital Management L.P. performs its advisory services is located at 110 Wall Street, New York, NY 10005 The mailing address of the firm is 77 Water Street, New York, NY 10005. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-960-8870 or by fax 212-858-5778. The normal business hours are 9am-5pm on Monday - Friday.