Rose Grove Capital Management, LLC (Wellesley)

Rose Grove Capital Management, LLC is a large advisory firm based in Wellesley. It manages $1.59 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Rose Grove Capital 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.

Rose Grove Capital Management: assets under management

The assets under management (AUM) of Rose Grove Capital Management, LLC is $1.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 51% since the beginning of its operation, and $828.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.59 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $396.8 million each.

Rose Grove Capital Management has custody of $540.06 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rose Grove Capital 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 Rose Grove Capital Management serves?

The only and largest group of clients of Rose Grove Capital Management is pooled investment vehicles with 4 clients and $1.59 billion of assets under management. Among the 7 most similar advisory firms, Rose Grove Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.59 billion for 4 clients. 67% of the firm’s clients are foreign persons or businesses.

Rose Grove Capital Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Rose Grove Capital Management, LLC

The company employs 13 people that are either part- or full-time employees. 54 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 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Susan Marie Petrovic	Chief compliance officer/chief operating officer	1 Sep 2006	Other	2524078
Michael Philip Pascucci	Principal/portfolio manager	1 Jun 2007	Other	1493523
Robert Jeffrey Chandler	Principal/portfolio manager	1 Jun 2007	Other	1574677
R. Jeffrey Chandler	Principal/portfolio manager	1 Jun 2007	Other	1574677
Lp Rose Grove Capital Holdings	Managing member	1 Dec 2014	75% - 100%	20-5432556

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Michael Philip Pascucci	Principal/portfolio manager	1 Aug 2006	25% - 50%	1493523
R. Jeffrey Chandler	Principal/portfolio manager	1 Oct 2006	25% - 50%	1574677
Robert Jeffrey Chandler	Principal/portfolio manager	1 Oct 2006	25% - 50%	1574677
Hope H Pascucci	Principal/president	1 Jun 2007	25% - 50%	2074372
Hope Eighmy Pascucci	Principal/president	1 Jun 2007	25% - 50%	2074372
Rggp Inc.	General partner	1 Dec 2014	Other	47-3026865

Based in Wellesley

The principal office where Rose Grove Capital Management, LLC performs its advisory services is located at 40 Grove Street, Wellesley, MA 02482, 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 781-304-1600 or by fax 781-304-1601. The normal business hours are 8 am - 5 pm on Monday - Friday.