Circle Squared Alternative Investments, LLC (Morristown)

Name: Circle Squared Alternative Investments, LLC
Address: 67 E. Park Pl, Morristown, NJ, 07960
Telephone: 973-532-6840

Circle Squared Alternative Investments, LLC is a related adviser based in Morristown. It manages $37.04 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New Jersey.

Circle Squared Alternative Investments provides financial planning services, portfolio management for pooled investment vehicles, selection of other advisers, publication of newsletters, educational seminars and workshops, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Circle Squared Alternative Investments: assets under management

The assets under management (AUM) of Circle Squared Alternative Investments, LLC is $37.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1752% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $37.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.26 million each.

Circle Squared Alternative Investments has custody of $23.16 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 Circle Squared Alternative Investments, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Circle Squared Alternative Investments serves?

The only and largest group of clients of Circle Squared Alternative Investments is pooled investment vehicles with 4 clients and $37.04 million of assets under management. Among the 1 most similar advisory firms, Circle Squared Alternative Investments has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $37.04 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Circle Squared Alternative Investments also advises several private funds. Namely, five real estate funds. The minimum investment commitment required of non-related persons ranges from $40,000 to $100,000.

Careers at Circle Squared Alternative Investments, LLC

The company employs 10 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Carmen Sica	Managing member, chief financial officer, chief executive officer, chief information officer	1 Sep 2014	75% - 100%	2454867
Cheryl Lynne Costa	Chief compliance officer; chief operating officer	1 Sep 2014	Other	2124335
Mark Joseph Deangelis	Chief compliance officer	1 Nov 2018	Other	2827088

Based in Morristown

The principal office where Circle Squared Alternative Investments, LLC performs its advisory services is located at 67 E. Park Pl, Morristown, NJ 07960, 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 973-532-6840 or by fax 973-889-1010. The normal business hours are 8:30 am - 5 pm on Monday - Friday. You can find more information about the New York firm at circlesquaredalts.com.