Mjx Asset Management LLC (New York)
Mjx Asset Management LLC is a large advisory firm based in New York. It manages $15.14 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2010.
Mjx Asset 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.
Mjx Asset Management: assets under management
The assets under management (AUM) of Mjx Asset Management LLC is $15.14 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 274% since the beginning of its operation, and $15.14 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Mjx Asset Management 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 Mjx Asset Management serves?
The only and largest group of clients of Mjx Asset Management is pooled investment vehicles with 28 clients and $15.14 billion of assets under management. Among the 11 most similar advisory firms, Mjx Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $15.14 billion for 28 clients. 100% of the firm’s clients are foreign persons or businesses.
Mjx Asset Management also advises several private funds. Namely, two hedge funds and twenty six securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
Careers at Mjx Asset Management LLC
The company employs 43 people that are either part- or full-time employees. 56 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.
Brian Colgan has served as the Chief Investment Officer since 1 Jan 2012 and Hans Christensen is the Chief Executive Officer of Mjx Asset Management LLC family office. Martin F Davey joined the executive team most recently as the Owner Of Membership Interests.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 7 indirect owners.Based in New York
The principal office where Mjx Asset Management LLC performs its advisory services is located at 12 East 49 Th Street, New York, NY 10017, 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 212-705-5300 or by fax 212-705-5390. The normal business hours are 8:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at mjxam.com.
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