Riverside Portfolio Management, LLC (Miami)

Riverside Portfolio Management, LLC is a large advisory firm based in Miami. It manages $1.08 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida and Illinois.

Riverside Portfolio Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and management of unregistered investment companies in fund of funds structures. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Riverside Portfolio Management: assets under management

The assets under management (AUM) of Riverside Portfolio Management, LLC is $1.08 billion. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $832.58 million in discretionary accounts and $249.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $124.95 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Riverside Portfolio Management, LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Riverside Portfolio Management, LLC

Akos (Nmn) Beleznay has served as the Chief Investment Officer since 1 May 2014. Joseph George Nicholas joined the executive team most recently as the Chief Executive Officer And President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph George Nicholas	Chief executive officer and president	1 Jun 2009	Other	2141044
John M. Klimek	Managing director, legal and chief compliance officer	1 Jun 2009	Other	4863375
Stratigoula A. Berlin	Managing director	1 Jun 2009	Other	5270498
L.L.C. Hfr Group	Managing member	1 Jun 2009	75% - 100%	36-4403755
Cms/Mullin Hedge Fund Strategies	Member	1 Jun 2009	Other	56-2299815
Akos (Nmn) Beleznay	Chief investment officer	1 May 2014	Other	3217813

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Cms Pep Xiv Co Investment Subpartnership	General partner	1 Jun 2009	Other	56-2299815
Llc Mc Insurance Agency Services	General partner	1 Jun 2009	Other	56-2299815

Based in Miami

The principal office where Riverside Portfolio Management, LLC performs its advisory services is located at 17001 Collins Avenue, Miami, FL 33160, 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 786-762-4644. The normal business hours are 8:30a-5:30p on Monday - Friday.