Prelude Capital Management, LLC (New York)


Prelude Capital Management, LLC is a large advisory firm based in New York. It manages $5.02 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017.

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Prelude Capital Management provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Prelude Capital Management: assets under management

The assets under management (AUM) of Prelude Capital Management, LLC is $5.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 163% since the beginning of its operation, and $27.81 million of the total AUM is attributable to clients outside of the United States.


The firm manages $5.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.67 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Prelude Capital Management, LLC for their services and products based on fixed fees and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Prelude Capital Management serves?

The only and largest group of clients of Prelude Capital Management is pooled investment vehicles with 3 clients and $5.02 billion of assets under management. Among the 9 most similar advisory firms, Prelude Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $5.02 billion for 3 clients. 33% of the firm’s clients are foreign persons or businesses.

Prelude Capital Management also advises several private funds. Namely, one hedge fund.

Careers at Prelude Capital Management, LLC

The company employs 39 people that are either part- or full-time employees. 28 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
Gavin Saitowitz Managing member 1 Mar 2004 75% - 100% 5071244
Cisco J Del Valle Managing member 1 Mar 2004 25% - 50% 3107664
Brendan Walter Sullivan Chief financial officer 1 Jun 2010 Other 6019494
Nicholas Roy Tomasetti Chief compliance officer 1 Jul 2010 Other 6019499
Brendan Walter Sullivan Chief operating officer 1 Jan 2018 Other 6019494
Jaclyn S Sosa Chief financial officer 1 Jan 2018 Other 6922410

Based in New York

The principal office where Prelude Capital Management, LLC performs its advisory services is located at 437 Madison Ave, 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 212-546-1180 or by fax 212-546-1190. The normal business hours are 9:00-7:00 on Monday - Friday. You can find more information about the New York firm at preludecapital.com.