Ellington Residential Mortgage Management LLC is a large advisory firm based in Old Greenwich. It manages $1.68 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Connecticut.
Ellington Residential Mortgage 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.
The assets under management (AUM) of Ellington Residential Mortgage Management LLC is $1.68 billion, 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 advisory firm has a single stream of revenue. Clients pay Ellington Residential Mortgage Management LLC for their services and products based on a percentage of assets under management. 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.
The only and largest group of clients of Ellington Residential Mortgage Management is pooled investment vehicles with 1 clients and $1.68 billion of assets under management. Among the 10 most similar advisory firms, Ellington Residential Mortgage Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.68 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.
Ellington Residential Mortgage Management doesn't advise any private funds.
The company employs 142 people that are either part- or full-time employees. 39 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.
Christopher Smernoff joined the executive team most recently as the Chief Financial Officer.
The principal office where Ellington Residential Mortgage Management LLC performs its advisory services is located at 53 Forest Avenue, Old Greenwich, CT 06870, 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 203-698-1200 or by fax 203-637-8551. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at ellington.com.