Ascribe Management LLC (New York)


Ascribe Management LLC is a large advisory firm based in New York. It manages $409.04 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015.

Ascribe Management provides portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ascribe Management: assets under management

The assets under management (AUM) of Ascribe Management LLC is $409.04 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -53% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $409.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $81.81 million each.
Ascribe Management has custody of $409.04 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 Ascribe 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 Ascribe Management serves?

The only and largest group of clients of Ascribe Management is pooled investment vehicles with 2 clients and $409.04 million of assets under management. Among the 11 most similar advisory firms, Ascribe Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $409.04 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Ascribe Management also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Ascribe Management LLC

The company employs 13 people that are either part- or full-time employees. 92 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.

Lawrence Alan First has served as the Chief Investment Officer since 1 Jan 2007. Jeremy B Maco joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
American Securities Llc Manager 1 Jan 2006 75% - 100% 27-1486827
Eric L Schondorf Chief compliance officer/general counsel 1 Jan 2006 Other 6028644
Lawrence Alan First Managing director/chief investment officer 1 Jan 2007 Other 4633616
Joseph A Domonkos Chief financial officer 1 Jan 2014 Other 6028651
Jeremy B Maco Chief compliance officer 1 Jan 2018 Other 6911357
Jeremy B. Maco Cco 1 Jan 2018 Other 6911357

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Ascp Member 1 Jan 2001 25% - 50% 02-0647263
Michael Gerald Fisch Trustee 1 Feb 2006 Other 2373175
Michael G Fisch 2006 Revocable Trust Manager 1 Jan 2008 75% - 100% trust
Michael G Fisch 2006 Revocable Trust Managing member 1 Jan 2011 50% - 75% trust

Based in New York

The principal office where Ascribe Management 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 212-476-8000 or by fax 212-455-9715. The normal business hours are 9 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at american-securities.com.