Martlet Asset Management, LLC (Newport Beach)

Name: Martlet Asset Management, LLC
Address: 500 Newport Center Drive, #850, Newport Beach, CA, 92660 7005
Telephone: 949-524-4800

Martlet Asset Management, LLC is a large advisory firm based in Newport Beach. It manages $144.29 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Martlet Asset 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.

Martlet Asset Management: assets under management

The assets under management (AUM) of Martlet Asset Management, LLC is $144.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 42% since the beginning of its operation, and $144.29 million of the total AUM is attributable to clients outside of the United States.

The firm manages $144.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $72.15 million each.

Martlet Asset Management has custody of $142.76 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Martlet Asset 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.

What kind of clients Martlet Asset Management serves?

The only and largest group of clients of Martlet Asset Management is pooled investment vehicles with 2 clients and $144.29 million of assets under management. Among the 13 most similar advisory firms, Martlet Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $144.29 million for 2 clients. 100% of the firm’s clients are foreign persons or businesses.

Martlet Asset Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Martlet Asset Management, LLC

The company employs 10 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Judith Fanny Posnikoff	Chief compliance officer	1 Jul 2018	Other	4370355
Jane Melissa Buchan	Chief executive officer and co-chief investment officer	1 Jul 2018	25% - 50%	2246746
Philippe Jacques Jorion	Co-chief investment officer	1 Jul 2018	Other	1731842
Kevin Coonanayagam Williams	Chief financial officer	1 Jul 2018	Other	5633142
Elizaveta Fridman	Member	1 Jul 2018	Other	6040701

Based in Newport Beach

The principal office where Martlet Asset Management, LLC performs its advisory services is located at 500 Newport Center Drive, #850, Newport Beach, CA 92660 7005, 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 949-524-4800 or by fax 949-524-4801. The normal business hours are 7 am to 5 pm on Monday - Friday. You can find more information about the New York firm at martletasset.com.