Ursamine Credit Advisors LLC (San Juan)

Name: Ursamine Credit Advisors LLC
Address: 207 Calle Del Parque, San Juan, PR, 00912
Telephone: 203-653-9110

Ursamine Credit Advisors LLC is a large advisory firm based in San Juan. It manages $1.03 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Puerto Rico.

Ursamine Credit Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ursamine Credit Advisors: assets under management

The assets under management (AUM) of Ursamine Credit Advisors LLC is $1.03 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and $1.03 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.03 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $513.5 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ursamine Credit Advisors 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 Ursamine Credit Advisors serves?

The only and largest group of clients of Ursamine Credit Advisors is pooled investment vehicles with 2 clients and $1.03 billion of assets under management. Among the 9 most similar advisory firms, Ursamine Credit Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.03 billion for 2 clients. 100% of the firm’s clients are foreign persons or businesses.

Ursamine Credit Advisors also advises several private funds. Namely, two securitized asset funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Ursamine Credit Advisors LLC

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Justin Lawrence Driscoll	Managing member / chief executive officer	1 Aug 2008	50% - 75%	2314830
Niall Daniel Rosenzweig	Managing member / president	1 Aug 2008	25% - 50%	1700608
Joseph Maurice Dibartolo	Chief compliance officer	1 Jul 2009	Other	1626360
Inc Dislocation Capital Management Pr	Sole member	1 Apr 2017	75% - 100%	66-0861891
Richard M Gordon	Chief compliance officer	1 Apr 2017	Other	6054702
Llc Gallatin Loan Management	Sole member	1 Apr 2017	75% - 100%	289339
Richard Michael Gordon	Chief compliance officer	1 Apr 2017	Other	6054702
Wesley Hastie Williams	Managing partner	1 Apr 2017	Other	3271586
Gary Ludwig Uhliar	Managing partner	1 Apr 2017	Other	4422525
Jeffrey Robert Byrne	Manging partner	1 Apr 2017	Other	4006757
Justin Lawrence Driscoll	Manager and chief executive officer	1 Sep 2017	Other	2314830
Wesley Hastie Williams	Manager and chief operating officer officer	1 Sep 2017	Other	3271586
Wesley Hastie Williams	Cco/coo/manager	1 Mar 2019	Other	3271586

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Gary Ludwig Uhliar	Partner & board member	1 Aug 2016	25% - 50%	4422525
Wesley Hastie Williams	Partner & board member	1 Aug 2016	Other	3271586
Jeffrey Robert Byrne	Partner & board member	1 Aug 2016	Other	4006757
John Byron Helmers	Manager	1 Nov 2016	75% - 100%	1823939
Llc Ashford Caribe Investments	Shareholder	1 Sep 2017	25% - 50%	82-2695918
Gary Ludwig Uhliar	Managing partner and director	1 Sep 2017	25% - 50%	4422525
Jeffrey Robert Byrne	Manager	1 Sep 2017	25% - 50%	4006757

Based in San Juan

The principal office where Ursamine Credit Advisors LLC performs its advisory services is located at 207 Calle Del Parque, San Juan, PR 00912, which is also the mailing address of the firm. An additional office of the firm is in Stamford, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-653-9110 or by fax NA. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at matlinpatterson.com.