Lily Pond Capital Management LLC (New York)

Lily Pond Capital Management LLC is a large advisory firm based in New York. It manages $426 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Lily Pond 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.

Lily Pond Capital Management: assets under management

The assets under management (AUM) of Lily Pond Capital Management LLC is $426 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $426 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.5 million each.

Lily Pond Capital Management has custody of $251 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lily Pond 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.

Careers at Lily Pond Capital Management LLC

David Edwin Buchen has been acting as President since 1 Sep 2003. Brian Quartarolo joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Howard Alan Kurz	Owner and cio	1 Jan 2001	75% - 100%	5075087
Glen Carroll Carnes	Coo	1 Apr 2001	Other	3150684
David Edwin Buchen	Director	1 Sep 2003	Other	5075641
David Jospeh Madden	Senior strategist	1 Sep 2003	Other	3042665
David George Bullock	Marketing director	1 Jul 2004	Other	2550140
David Jospeh Madden	Director	1 Jun 2006	Other	3042665
Michael Madorsky	Director	1 Jun 2006	Other	5211752
Yoon Chang	Director	1 Apr 2008	Other	2645928
Brian Quartarolo	Director	1 Jan 2010	Other	2645925

Based in New York

The principal office where Lily Pond Capital Management LLC performs its advisory services is located at 450 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.