Record Currency Management Limited (Berkshire)


Record Currency Management Limited is a large advisory firm based in Berkshire. It manages $57.28 billion of regulatory assets for 60 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Maryland.

Record Currency Management Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Record Currency Management Limited: assets under management

The assets under management (AUM) of Record Currency Management Limited is $57.28 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 12011% since the beginning of its operation, and $51.5 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $57.28 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $954.69 million each.

Investments

The firm invests in derivatives the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Record Currency Management Limited for their services and products based on a percentage of assets under management, fixed fees, 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 Neil Peter Record serves?

The firm provides services to charitable organizations, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Neil Peter Record is state or municipal government entities with 12 clients and $24.13 billion of assets under management. Among the 10 most similar advisory firms, Record Currency Management Limited has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $52.73 billion for 55 clients. 85% of the firm’s clients are foreign persons or businesses.

Record Currency Management Limited doesn't advise any private funds.

Careers at Record Currency Management Limited

The company employs 86 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Neil Peter Record has been acting as President since 1 Jan 2006. Timothy Peter Warren Edwards joined the executive team most recently as the Non Executive Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ian Charles Leavenworth Harrison Director 1 Nov 1988 Other 4397857
Michael David Timmins Director 1 Feb 1992 Other 4397846
Leslie Francoise Meier Director 1 Feb 1993 Other 4397850
Joanne Manning Company secretary 1 Aug 1994 Other 4397851
Peter David Wakefield Director 1 Jul 2000 Other 4397859
Leslie Tracy Halpin Director 1 Sep 2000 Other 4397845
Neil Peter Record Chairman & ceo 1 Sep 2000 25% - 50% 4397843
Bob Noyen Cio / director 1 Sep 2000 Other 4397847
Duncan Joel Sleigh Director 1 Apr 2004 Other 4810041
Robert Charles Bloom Director 1 May 2004 Other 1877809
David Murphy Director 1 Feb 2005 Other 4982146
Steven Peter Cullen Company secretary 1 Aug 2005 Other 5031042
Neil Peter Record Chairman/director 1 Jan 2006 Other 4397843
Bob Noyen Cio/managing director 1 Jan 2006 Other 4397847
Leslie Francoise Meier Managing director 1 Jan 2006 Other 4397850
Peter David Wakefield Managing director 1 Jan 2006 Other 4397859
Christopher V Jackson Director 1 Jan 2006 Other 5096011
Carl Clive Beckley Director 1 May 2006 Other 5160860
Dmitri Tikhonov Director 1 Oct 2006 Other 5361187
Anthony Hassan Beal Chief compliance officer/director 1 May 2007 Other 5361190
Andrew Francis Sykes Non-executive director 1 Nov 2007 Other 5473808
Cees Schrauwers Non-executive director 1 Nov 2007 Other 5473809
Record Plc Parent company (100% owner) 1 Dec 2007 75% - 100% foreign
Paul Nigel Sheriff Cfo/director 1 Dec 2008 Other 5640432
David John Morrison Non-executive director 1 Oct 2009 Other 5732514
Joanne Manning Company secretary 1 Feb 2010 Other 4397851
David Alistair James Wood Collins Chief executive officer / director 1 Oct 2010 Other 5855678
Robert Nicholas Reid Aitken Chief compliance officer 1 Jan 2011 Other 5878279
Grady Mcgown Laurie Chief compliance officer 1 Jul 2012 Other 6103364
Steven Peter Cullen Cfo/director 1 Mar 2013 Other 5031042
Duncan Joel Sleigh Chief operating officer 1 Mar 2013 Other 4810041
Rosina Jane Tufnell Non-executive director 1 Sep 2015 Other 5594497
Rosemary Hilary Non-executive director 1 Jun 2016 Other 6671295
Timothy Peter Warren Edwards Non-executive director 1 Mar 2018 Other 6932900

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Neil Peter Record Chairman/director 1 Dec 2007 25% - 50% 4397843

Based in Berkshire

The principal office where Record Currency Management Limited performs its advisory services is located at Morgan House, Madeira Walk, Berkshire, Sl4 1 Ep, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number (44) 1753 852222 or by fax (44) 1753 852224. The normal business hours are 0830 - 1800 hrs on Monday - Friday. You can find more information about the New York firm at recordcm.com.