Silver Rock Financial LP is a large advisory firm based in Los Angeles. It manages $3.12 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California and Florida.
Silver Rock Financial provides portfolio management for pooled investment vehicles and family investment vehicle. 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 Silver Rock Financial LP is $3.12 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 86% since the beginning of its operation, and $2.09 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Silver Rock Financial LP 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.
The only and largest group of clients of Silver Rock Financial is pooled investment vehicles with 8 clients and $2.79 billion of assets under management. Among the 9 most similar advisory firms, Silver Rock Financial has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.79 billion for 8 clients. 50% of the firm’s clients are foreign persons or businesses.
Silver Rock Financial also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.
The company employs 26 people that are either part- or full-time employees. 50 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.
The principal office where Silver Rock Financial LP performs its advisory services is located at 12100 Wilshire Blvd., Los Angeles, CA 90025, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 424-371-9753. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at silver-rock.com/.