Cramer Rosenthal Mcglynn LLC (New York)

Name: Cramer Rosenthal Mcglynn LLC
Address: 520 Madison Avenue, New York, NY, 10022
Telephone: 212-326-5300

Cramer Rosenthal Mcglynn LLC is a large advisory firm based in New York. It manages $4.65 billion of regulatory assets for 110 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Cramer Rosenthal Mcglynn provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Cramer Rosenthal Mcglynn: assets under management

The assets under management (AUM) of Cramer Rosenthal Mcglynn LLC is $4.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and $1.48 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $42.25 million each.

Cramer Rosenthal Mcglynn has custody of $119.31 million in cash and securities for 1 client in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cramer Rosenthal Mcglynn 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 Ronald Harward Mcglynn serves?

The firm provides services to insurance companies, investment companies, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Ronald Harward Mcglynn is investment companies with 9 clients and $1.96 billion of assets under management. Among the 11 most similar advisory firms, Cramer Rosenthal Mcglynn has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.9 billion for 84 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 12% of the firm’s clients are foreign persons or businesses.

Cramer Rosenthal Mcglynn also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Cramer Rosenthal Mcglynn LLC

The company employs 40 people that are either part- or full-time employees. 33 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.

Ronald Harward Mcglynn has been acting as President since 1 Jan 2012. Jay Brian Abramson has served as the Chief Investment Officer since 1 Jan 2012. Brian Michael Harvey joined the executive team most recently as the Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Cramer Rosenthal Mcglynn	Member	1 Jan 1998	Other	133977282
Inc. Wt Investments	Member	1 Jan 1998	75% - 100%	510284711
Inc Cramer Rosenthal Mcglynn	Member	1 Jan 1998	25% - 50%	133977282
Gerald Bertram Cramer	Chairman	1 Jan 1998	Other	1622998
Ronald Harward Mcglynn	Pres./ceo	1 Jan 1998	Other	1623002
Edward John Rosenthal	Vice chairman	1 Jan 1998	Other	1622999
Jay Brian Abramson	Exec. vp	1 Jan 1998	Other	1623004
Fred Marden Filoon	Senior vp	1 Jan 1998	Other	207569
Ted Thomas Cecala	Mem.bd.mgrs	1 Jan 1998	Other	4374219
William Ronald Cline	Exec. vp	1 Jan 1998	Other	1478691
David Reed Gibson	Mem. bd. mgrs.	1 Jan 1998	Other	4374220
David Wade Jennings	Vice chairman	1 Oct 1999	Other	2745995
Robert James Christian	Mem. bd. mgrs.	1 Apr 2000	Other	4341345
Carlos Alberto Leal	Chief financial officer	1 Jun 2001	Other	4569301
Edward Anthony Azimi	Director of operations	1 Aug 2002	Other	4281306
David Abbott Tillson	Senior vp	1 Oct 2002	Other	2519824
Elizabeth Anne Coley	Chief legal officer	1 Oct 2002	Other	1289174
Rodney Paul Wood	Mem.bd.mgrs.	1 May 2005	Other	4373906
Steven Aaron Yadegari	Chief legal officer/chief compliance officer	1 Aug 2005	Other	5124206
Carlos Alberto Leal	Director of operations	1 Jul 2006	Other	4569301
Carlos Alberto Leal	Executive vice president	1 Dec 2006	Other	4569301
Christopher Charles Barnett	Executive vice president	1 Dec 2006	Other	2936955
Steven Aaron Yadegari	Senior vice president	1 Mar 2008	Other	5124206
David Abbott Tillson	Member	1 Jul 2008	Other	2519824
Crm Group Llc	Member	1 Apr 2009	Other	80-0385118
Mark James Czarnecki	Member, board of managers	1 Jun 2011	Other	2389705
Michael P. Pinto	Member, board of managers	1 Jun 2011	Other	5618358
Ronald Harward Mcglynn	Chairman	1 Jan 2012	Other	1623002
Jay Brian Abramson	Ceo/chief investment officer	1 Jan 2012	Other	1623004
Christopher Charles Barnett	President	1 Jan 2012	Other	2936955
Steven Aaron Yadegari	Executive vice president	1 Jan 2012	Other	5124206
Rene Francis Jones	Member, board of managers	1 Jul 2014	Other	5073669
Ayan Dasgupta	Member, board of managers	1 Jul 2014	Other	6473692
Steven Aaron Yadegari	Chief operating officer	1 Apr 2015	Other	5124206
Mark James Beardi	Member, board of managers	1 Aug 2016	Other	2566065
Matthew Douglas Glaser	Member, board of managers	1 May 2018	Other	2652525
Steven J Fellin	Chief financial officer	1 Feb 2019	Other	1789903
Brian Michael Harvey	Chief investment officer	1 Aug 2019	Other	3131269

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Harward Mcglynn	Owner	1 Jul 1973	25% - 50%	1623002
Jay Brian Abramson	Owner	1 Aug 1986	25% - 50%	1623004
Wilmington Trust Corporation	Owner	1 Jan 1998	75% - 100%	51-0328154
M&T Bank Corporation	Owner	1 May 2011	75% - 100%	16-0968385

Based in New York

The principal office where Cramer Rosenthal Mcglynn LLC performs its advisory services is located at 520 Madison Avenue, New York, NY 10022, 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 212-326-5300 or by fax 212-415-0585. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at crmllc.com and its LinkedIn profile.