Coretrust Investment Management, LLC (Los Angeles)

Name: Coretrust Investment Management, LLC
Address: 444 S. Flower St., Los Angeles, CA, 90071
Telephone: 213-689-0000

Coretrust Investment Management, LLC is a large advisory firm based in Los Angeles. It manages $299.3 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

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

Coretrust Investment Management: assets under management

The assets under management (AUM) of Coretrust Investment Management, LLC is $299.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 50% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $299.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $149.65 million each.

Coretrust Investment Management has custody of $299.3 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coretrust Investment Management, LLC for their services and products based on a percentage of assets under management 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 Coretrust Investment Management serves?

The only and largest group of clients of Coretrust Investment Management is pooled investment vehicles with 2 clients and $299.3 million of assets under management. Among the 6 most similar advisory firms, Coretrust Investment Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $299.3 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Coretrust Investment Management also advises several private funds. Namely, two real estate funds.

Careers at Coretrust Investment Management, LLC

The company employs 15 people that are either part- or full-time employees. 67 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
Lp Coretrust Management	Managing member	1 Sep 2015	75% - 100%	320475371
John Richard Sischo	Principal	1 Sep 2015	Other	2209430
Randall Lowe Scott	Principal	1 Sep 2015	Other	4381150
Thomas Stephan Ricci	Principal	1 Sep 2015	Other	4873324
Robert Douglas Morgan	Chief financial officer and chief compliance officer	1 Sep 2015	Other	4873300
Randall L. Scott	Principal	1 Sep 2015	Other	4381150

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Coretrust Capital Partners	Limited partner	1 Sep 2015	75% - 100%	47-5124631
Inc. Coretrust Capital	General partner	1 Sep 2015	Other	47-5124596

Based in Los Angeles

The principal office where Coretrust Investment Management, LLC performs its advisory services is located at 444 S. Flower St., Los Angeles, CA 90071, which is also the mailing address of the firm. An additional office of the firm is in Philadelphia, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 213-689-0000. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at core-trust.com/ and its LinkedIn profile.