Esl Investments, Inc. (Bay Harbor Islands)


Esl Investments, Inc. is a large advisory firm based in Bay Harbor Islands. It manages $1.08 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Florida.

Esl Investments 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.

Esl Investments: assets under management

The assets under management (AUM) of Esl Investments, Inc. is $1.08 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -90% since the beginning of its operation, and $210.88 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.08 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $359.41 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Esl Investments, Inc. for their services and products based on a percentage of assets under management 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 Kunal S Kamlani serves?

The only and largest group of clients of Kunal S Kamlani is pooled investment vehicles with 3 clients and $1.08 billion of assets under management. Among the 7 most similar advisory firms, Esl Investments has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.08 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Esl Investments also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Esl Investments, Inc.

The company employs 8 people that are either part- or full-time employees. 38 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.

Kunal S Kamlani has been acting as President since 1 Mar 2016. Robert Karl Breyer joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Edward Scott Lampert Chief executive officer 1 Apr 1988 75% - 100% 1312133
William Charles Crowley President 1 Jan 1999 Other 1659558
Adrian John Maizey Cfo/cco 1 Oct 2006 Other 6029714
Llc Esl Investment Management (Gp) General partner - esl investment management, lp (relying adviser) 1 Dec 2006 Other 06-1456822
William Richard Harker Evp/general counsel 1 Feb 2011 Other 2661000
Iii George Lawrence Mikan President/chief compliance officer 1 Jan 2013 Other 6160751
Harold Talisman Chief financial officer 1 Jan 2014 Other 6317370
Robert Karl Breyer Chief compliance officer 1 Jan 2015 Other 2997783
Kunal S Kamlani President 1 Mar 2016 Other 4925760

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Edward Scott Lampert Manager and sole member 1 Dec 2006 75% - 100% 1312133

Based in Bay Harbor Islands

The principal office where Esl Investments, Inc. performs its advisory services is located at 1170 Kane Concourse, Bay Harbor Islands, FL 33154, 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 305-702-2100 or by fax 305-864-1370. The normal business hours are 9am - 5pm on Monday - Friday.