Cc Management Gp, LLC (Charlotte)

Name: Cc Management Gp, LLC
Address: 615 S College St, Charlotte, NC, 28202
Telephone: 704-330-7300

Cc Management Gp, LLC is a large advisory firm based in Charlotte. It manages $1.28 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of North Carolina and Texas.

Cc Management Gp provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

Cc Management Gp: assets under management

The assets under management (AUM) of Cc Management Gp, LLC is $1.28 billion. The firm's AUM has gone down by -63% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1 billion in discretionary accounts and $272.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $100.32 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $136.42 million.

Cc Management Gp has custody of $1.41 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cc Management Gp, 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 Ryan Charles Karaian serves?

The firm provides services to pooled investment vehicles, corporations or other businesses, and state or municipal government entities. The largest group of clients of Ryan Charles Karaian is pooled investment vehicles with 10 clients and $1 billion of assets under management. Among the 10 most similar advisory firms, Cc Management Gp has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.28 billion for 12 clients. None of the firm’s clients are foreign persons or businesses.

Cc Management Gp also advises several private funds. Namely, four hedge funds and five private equity funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Cc Management Gp, LLC

The company employs 12 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Ryan Charles Karaian has been acting as President since 1 Jul 2013. Richard Mark Romine joined the executive team most recently as the Chief Financial And Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Dane Frymier	Chief executive officer and elected manager	1 Jul 2013	50% - 75%	2084781
Jason Christopher Cipriani	Chief compliance officer and elected manager	1 Jul 2013	Other	4891736
John Arthur Fulton	Managing director	1 Jul 2013	Other	5574818
Ryan Charles Karaian	Director	1 Jul 2013	Other	3263193
Allyson Rachel Kaufman	Managing director	1 Dec 2013	Other	4864112
Jonathan Mandle	Partner	1 Dec 2013	Other	5835228
Catherine Anne Tse	Partner	1 Dec 2013	Other	3116982
Deanna Eve Ho Montgomery	Managing director	1 Dec 2013	Other	3237064
Richard Mark Romine	Chief financial and operating officer	1 Jul 2014	Other	4484139
Edwin Albert Rasberry	Managing director	1 Jul 2014	Other	2715028

Based in Charlotte

The principal office where Cc Management Gp, LLC performs its advisory services is located at 615 S College St, Charlotte, NC 28202, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 704-330-7300 or by fax 704-330-7400. The normal business hours are 8:30 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at corrumcapital.com.