Digital Colony Management LLC (Los Angeles)

Digital Colony Management LLC is a large advisory firm based in Los Angeles. It manages $4.13 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Florida.

Digital Colony Management provides portfolio management for pooled investment vehicles and separately managed accounts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Digital Colony Management: assets under management

The assets under management (AUM) of Digital Colony Management LLC is $4.13 billion. The firm's AUM has grown by 194% since the beginning of its operation, and $184.47 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.03 billion in discretionary accounts and $100.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.01 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $100.1 million.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Digital Colony 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 Benjamin Johnson Jenkins serves?

The only and largest group of clients of Benjamin Johnson Jenkins is pooled investment vehicles with 3 clients and $3.98 billion of assets under management. Among the 9 most similar advisory firms, Digital Colony Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.98 billion for 3 clients. 40% of the firm’s clients are foreign persons or businesses.

Digital Colony Management also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Digital Colony Management LLC

The company employs 101 people that are either part- or full-time employees. 24 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.

Benjamin Johnson Jenkins has been acting as President since 1 Feb 2018. Llc 1 Class A Unit Colony Capital Digital Holdco joined the executive team most recently as the Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Digital Bridge Advisors	Managing member	1 Sep 2017	50% - 75%	82-3416284
Inc. Colony Northstar	Managing member	1 Sep 2017	50% - 75%	27-0419483
Kristen Ann Whealon	Chief compliance officer	1 Nov 2017	Other	3105081
Llc Colony Dc Manager	Managing member	1 Feb 2018	50% - 75%	30-1011630
Marc Christopher Ganzi	Chief executive officer	1 Feb 2018	Other	6881359
Jeffrey Eric Ginsberg	Vice president	1 Feb 2018	Other	1536668
Jonathan Howard Grunzweig	Vice president	1 Feb 2018	Other	6026997
Mark Melvin Hedstrom	Vice president, secretary	1 Feb 2018	Other	5077054
Benjamin Johnson Jenkins	Chairman	1 Feb 2018	Other	2378809
Darren James Tangen	Vice president, treasurer	1 Feb 2018	Other	4235602
Llc 1 Class B Unit Colony Dc Manager	Managing member	1 Feb 2018	50% - 75%	30-1011630
Llc 1 Class A Unit Colony Capital Digital Holdco	Managing member	1 Jul 2019	50% - 75%	84-2429831

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Marc Christopher Ganzi	Member	1 Oct 2013	25% - 50%	6881359
Benjamin Johnson Jenkins	Member	1 Jan 2014	25% - 50%	2378809
Llc Colony Capital Investment Holdco	Owner, colony capital investment advisors, llc	1 Apr 2015	75% - 100%	47-3464516
Llc Colony Capital Op Subsidiary	Owner, colony capital investment holdco, llc	1 Apr 2015	75% - 100%	37-1779288
Llc Colony Capital Operating Company	Owner, colony capital op subsidiary, llc	1 Apr 2015	75% - 100%	45-2443407
Inc. Colony Northstar	Owner, colony capital operating company, llc	1 Jan 2017	75% - 100%	27-0419483
Inc. Colony Capital	Owner, colony capital operating company, llc	1 Jan 2017	75% - 100%	46-4591526
Llc Digital Bridge Holdings	Member	1 Sep 2017	50% - 75%	46-3799153
Llc Colony Capital Investment Advisors	Owner, colony dc manager, llc	1 Feb 2018	75% - 100%	175506

Based in Los Angeles

The principal office where Digital Colony Management LLC performs its advisory services is located at 515 South Flower Street, Los Angeles, CA 90071, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-282-8820 or by fax 310-460-7956. The normal business hours are 7:00am to 7:00pm on Monday - Friday.