Csat Investment Advisory, L.P. (Ann Arbor)

Name: Csat Investment Advisory, L.P.
Address: 625 Avis Drive, Ann Arbor, MI, 48108
Telephone: 734-821-6872

Csat Investment Advisory, L.P. is a large advisory firm based in Ann Arbor. It manages $263.2 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Michigan.

Csat Investment Advisory provides portfolio management for investment companies and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Csat Investment Advisory: assets under management

The assets under management (AUM) of Csat Investment Advisory, L.P. is $263.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $263.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $43.87 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Csat Investment Advisory, L.P. for their services and products based on a percentage of assets under management and fixed 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 Csat Investment Advisory serves?

The only and largest group of clients of Csat Investment Advisory is investment companies with 6 clients and $263.2 million of assets under management. Among the 10 most similar advisory firms, Csat Investment Advisory has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $263.2 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Csat Investment Advisory doesn't advise any private funds.

Careers at Csat Investment Advisory, L.P.

The company employs 5 people that are either part- or full-time employees. 60 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.

Harris Bak joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Claes Goran Fornell	Limited partner, chairman and founding partner	1 Jun 2006	75% - 100%	4620620
John Francis Cattier	Limited partner, principal and founding partner	1 Jun 2006	Other	4628609
Llc Chj Investment Advisory	General partner	1 Jun 2006	Other	20-5251227
Claes (Nmn) Fornell	Chairman and founding partner	1 Jun 2006	75% - 100%	4620620
David (Nmn) Lee	Limited partner, managing director & chief compliance officer	1 Jan 2010	Other	6035474
Thomas Dale Kratky	Limited partner, managing director	1 Jan 2010	Other	2205575
Thomas D (Mi Only) Kratky	Managing director	1 Jan 2010	Other	2205575
Phil Sheldon Bak	Chief executive officer	1 Apr 2016	Other	4433429
Harris Bak	Limited partner	1 Apr 2016	Other	6934066

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Cs Fund Investment	Sole shareholder	1 Jun 2006	75% - 100%	20-5251279

Based in Ann Arbor

The principal office where Csat Investment Advisory, L.P. performs its advisory services is located at 625 Avis Drive, Ann Arbor, MI 48108, which is also the mailing address of the firm. An additional office of the firm is in Detroit, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 734-821-6872. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at csatfund.com/.