Erg Asset Management LLC is an adviser based in Norwalk. It manages $16.94 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Connecticut.
Erg Asset Management provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Erg Asset Management LLC is $16.94 million. The firm's AUM has gone down by -97% since the beginning of its operation, and $15.91 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Erg Asset Management LLC for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Erg Asset Management is pooled investment vehicles with 2 clients and $16.86 million of assets under management. Among the 1 most similar advisory firms, Erg Asset Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $16.86 million for 2 clients. 94% of the firm’s clients are foreign persons or businesses.
Erg Asset Management also advises several private funds. Namely, one hedge fund and six other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $1,000,000.
The company employs 3 people that are either part- or full-time employees. 67 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.
Erg Asset Management LLC is owned by James Spencer Matthews. Michael Kenneth Staveley joined the executive team most recently as the Owner And Manager.
The principal office where Erg Asset Management LLC performs its advisory services is located at 50 Washington Street, Norwalk, CT 06854, 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 646-722-9660. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at ergassetmanagement.com/.