Ermitage Asset Management Jersey Limited (St Helier)

Name: Ermitage Asset Management Jersey Limited
Address: 2 Nd Floor, St Helier, Je1 9 Lb
Telephone: 011-44-1534-615-500

Ermitage Asset Management Jersey Limited is a large advisory firm based in St Helier. It manages $604.87 million of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2007.

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

Ermitage Asset Management Jersey Limited: assets under management

The assets under management (AUM) of Ermitage Asset Management Jersey Limited is $604.87 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $604.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $31.84 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ermitage Asset Management Jersey Limited 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 Ermitage Asset Management Jersey Limited

Alexandra Jane Heath joined the executive team most recently as the Executive Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ermitage Jersey Limited	Shareholder	1 Feb 1996	75% - 100%	foreign
Andrew Noel Whelan	Executive director	1 Dec 2001	Other	5073538
Mark Hucker	Chief compliance officer	1 Jan 2004	Other	5073536
Ian Christopher Cadby	Chief executive officer	1 Sep 2004	Other	5073535
Jonathan Dominic Wauton	Executive director	1 Nov 2004	Other	5228160
David Paul Morrissey	Chief operations officer	1 Apr 2007	Other	5368129
Nicholas John Macleod	Executive director	1 Nov 2007	Other	5461339
Miguel Angel De Miguel Segura	Chief compliance officer	1 Dec 2007	Other	5461337
Samantha Fletcher Watts	Chief compliance officer	1 Aug 2008	Other	5625351
Kelly Marie O'donnell	Chief compliance officer	1 Oct 2010	Other	5952609
Arie Assayag	Executive director	1 Jul 2011	Other	2341356
David Paul Morrissey	Chief compliance officer	1 Apr 2012	Other	5368129
Alexandra Jane Heath	Executive director	1 Jan 2013	Other	6178214

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ermitage Limited	Shareholder	1 May 2006	75% - 100%	foreign
Caledonia Investments Plc	Shareholder	1 May 2006	50% - 75%	foreign
Nexar Capital Llc	Shareholder	1 Jul 2011	75% - 100%	150254
Nexar Capital Group Sca	Shareholder	1 Jul 2011	75% - 100%	98-0631900
Ubp Sa	Shareholder	1 Apr 2012	75% - 100%	00-0000000

Based in St Helier

The principal office where Ermitage Asset Management Jersey Limited performs its advisory services is located at 2 Nd Floor, St Helier, Je1 9 Lb, 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 011-44-1534-615-500 or by fax 011-44-1534-615-520. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at www.ermitagegroup.com.