Structured Portfolio Management, L.L.C is a large advisory firm based in Stamford. It manages $5.97 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Connecticut.
Structured Portfolio Management, L.L.C 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 Structured Portfolio Management, L.L.C is $5.97 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 872% since the beginning of its operation, and $311.72 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Structured Portfolio Management, L.L.C for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Kenneth Cron is pooled investment vehicles with 17 clients and $5.97 billion of assets under management. Among the 9 most similar advisory firms, Structured Portfolio Management, L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $5.97 billion for 17 clients. 35% of the firm’s clients are foreign persons or businesses.
Structured Portfolio Management, L.L.C also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.
The company employs 31 people that are either part- or full-time employees. 29 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.
Kenneth Cron has been acting as President since 1 Apr 2007. Donald Ian Brownstein joined the executive team most recently as the Executive Chairman (Spm, Spm Iii, Spm Products).
The principal office where Structured Portfolio Management, L.L.C performs its advisory services is located at 700 Canal Street, Stamford, CT 06902, 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 203-351-2870 or by fax 203-351-2879. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at spmllc.com.