Acorn Derivatives Management Corp (Stamford)

Acorn Derivatives Management Corp is a large advisory firm based in Stamford. It manages $612.1 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2001.

Acorn Derivatives Management Corp provides portfolio management for investment companies, portfolio management for pooled investment vehicles, 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.

Acorn Derivatives Management Corp: assets under management

The assets under management (AUM) of Acorn Derivatives Management Corp is $612.1 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $612.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $68.01 million each.

Acorn Derivatives Management Corp has custody of $16.4 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acorn Derivatives Management Corp 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.

Careers at Acorn Derivatives Management Corp

William Oscar Melvin has been acting as President since 1 Jan 1993. Robert Jacob Groden joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Oscar Melvin	President	1 Jan 1993	50% - 75%	331791
Andrew Dermott Greeley	Vp	1 Jan 2000	Other	4359120
Roberta Gail Krashin	Vp	1 Jan 2000	Other	1498356
Roberta Boyle	Vp	1 Jan 2000	Other	1498356
Howard Paul Offit	Vp	1 Mar 2003	Other	2882299
Howard Paul Offit	Vp	1 Jan 2006	Other	2882299
Andrew Dermott Greeley	Managing director	1 Jan 2007	Other	4359120
William Oscar Melvin	Managing director	1 Jan 2007	50% - 75%	331791
Roberta Boyle	Managing director/chief compliance officer	1 Jan 2007	Other	1498356
Howard Paul Offit	Managing director	1 Jan 2007	Other	2882299
Roberta Gail Boyle	Managing director/chief compliance officer	1 Jan 2007	25% - 50%	1498356
Robert Jacob Groden	Managing director	1 Mar 2007	Other	722419
William Oscar Melvin	Founder	1 Jul 2013	Other	331791

Based in Stamford

The principal office where Acorn Derivatives Management Corp performs its advisory services is located at 1266 East Main Street, Stamford, CT 06902, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.