Tiptree Asset Management Company, LLC (New York)

Name: Tiptree Asset Management Company, LLC
Address: 299 Park Avenue, New York, NY, 10171
Telephone: 212-446-1400

Tiptree Asset Management Company, LLC is a mid-sized advisory firm based in New York. It manages $76.33 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Tiptree Asset Management Company 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.

Tiptree Asset Management Company: assets under management

The assets under management (AUM) of Tiptree Asset Management Company, LLC is $76.33 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $76.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $38.17 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tiptree Asset Management Company, 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 Jonathan Ilany serves?

The only and largest group of clients of Jonathan Ilany is pooled investment vehicles with 2 clients and $76.33 million of assets under management. Among the 2 most similar advisory firms, Tiptree Asset Management Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $76.33 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Tiptree Asset Management Company also advises several private funds. Namely, one hedge fund and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Tiptree Asset Management Company, LLC

The company employs 2 people that are either part- or full-time employees. 100 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.

Jonathan Ilany has been acting as President since 1 Jan 2019. Tiptree Inc. joined the executive team most recently as the Sole And Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Gene Barnes	Executive chairman	1 Aug 2010	25% - 50%	2187569
L.P. Tricadia Holdings	Parent company	1 Jan 2012	75% - 100%	20-2605373
Julia Helene Wyatt	Chief operating officer	1 Apr 2012	Other	2220402
Geoffrey Nicholas Kauffman	Co-chief executive officer	1 Apr 2012	Other	1760611
Inc. Tamco Manager	Managing member	1 Jun 2012	75% - 100%	45-5615716
Andrew Keith Schinder	Chief compliance officer	1 Dec 2012	Other	6144858
Neil Charles Rifkind	General counsel	1 Jul 2013	Other	6316853
Jonathan Ilany	Executive vice president, head of mortgage finance and asset management	1 Oct 2014	Other	1029324
Richard John Claiden	Chief financial officer	1 Jan 2015	Other	2567601
Jonathan Ilany	Co-chief executive officer	1 Mar 2015	Other	1029324
Sandra Elizabeth Bell	Chief financial officer	1 Jul 2015	Other	1182153
Jonathan Ilany	Chief executive officer	1 Nov 2015	Other	1029324
Siew Kai Kwok	Chief compliance officer	1 Jan 2016	Other	6597306
Llc Tiptree Operating Company	Sole and managing member	1 Sep 2017	75% - 100%	46-2115040
Jonathan Ilany	President	1 Jan 2019	Other	1029324
Michael Gene Barnes	Chief executive officer	1 Jan 2019	25% - 50%	2187569

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Arif Inayatullah	Managing member of sole member of general partner of sole shareholder of managing member of registrant	1 Apr 2005	25% - 50%	1687246
Michael Gene Barnes	Managing member of sole member of general partner of sole shareholder of managing member of registrant	1 Apr 2005	50% - 75%	2187569
Llc Tricadia Gp Holdings	Sole member of tricadia capital llc, the general partner of the sole shareholder of the managing member of the registrant	1 Apr 2005	75% - 100%	20-2605352
Arif Inayatullah	Managing member	1 Jul 2007	25% - 50%	1687246
Michael Gene Barnes	Managing member	1 Jul 2007	50% - 75%	2187569
Llc Tricadia Holdings Gp	General partner	1 Jul 2007	Other	80-0168559
L.P. Tiptree Financial Partners	Majority member of sole shareholder of tamco manager, inc., the managing member of the registrant	1 Jun 2012	75% - 100%	33-1167206
Tricadia Capital Llc	General partner of the sole shareholder of the managing member of the registrant	1 Jun 2012	Other	20-0995680
Llc Tiptree Operating Company	Sole shareholder of tamco manager, inc., the managing member of the registrant	1 Jul 2013	75% - 100%	46-2115040
Tiptree Financial Inc.	Managing member of sole shareholder of tamco manager, inc., the managing member of the registrant	1 Jul 2013	25% - 50%	38-3754322
Michael Gene Barnes	Sole member of general partner of majority member of sole shareholder of managing member of registrant	1 Nov 2013	75% - 100%	2187569
Tfp Gp Llc	General partner of majority member of sole shareholder of managing member of registrant	1 Dec 2013	Other	46-5202204
L.P. Tiptree Financial Partners	Sole and managing member	1 Jan 2016	75% - 100%	33-1167206
Tiptree Inc.	General partner	1 Jan 2016	75% - 100%	38-3754322
Tiptree Financial Inc.	General partner of sole member of the sole shareholder of the managing member of the registrant	1 Jan 2016	75% - 100%	38-3754322
Tiptree Inc.	Sole and managing member	1 Apr 2018	75% - 100%	38-3754322

Based in New York

The principal office where Tiptree Asset Management Company, LLC performs its advisory services is located at 299 Park Avenue, New York, NY 10171, 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 212-446-1400 or by fax 212-446-1409. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at tiptreefinancial.com/.