Icp Asset Management LLC (New York)

Icp Asset Management LLC is a large advisory firm based in New York. It manages $2.75 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2005.

Icp Asset Management provides portfolio management for pooled investment vehicles and structured product 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.

Icp Asset Management: assets under management

The assets under management (AUM) of Icp Asset Management LLC is $2.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 495% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $550.37 million each.

Icp Asset Management has custody of $2.7 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Icp Asset Management LLC 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 Icp Asset Management LLC

Randy Tokar joined the executive team most recently as the President, Chief Financial Officer And Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Institutional Credit Partners	Parent company of icp asset management llc	1 Sep 2004	75% - 100%	30-0266821
Thomas Charles Priore	Chief executive officer	1 Sep 2004	Other	2265868
John A. Vecchio	Chief operating officer	1 Apr 2005	Other	4213103
Peter William Gaudet	Managing director	1 Jul 2005	Other	2505253
Kenneth Christopher Bibko	Chief compliance officer	1 Oct 2005	Other	4371064
Llc Triaxx Holdco	Principal owner	1 Mar 2015	75% - 100%	12-3456789
Nicholas Calamari	Chief compliance officer	1 Mar 2015	Other	6462951
Randy Tokar	Chief financial officer	1 Mar 2015	Other	6462954
Randy Tokar	President, chief financial officer and chief operating officer	1 May 2015	Other	6462954

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Founders Llc	50.1% owner	1 Sep 2005	50% - 75%	61-1474391
Inc. The Bank Of New York Company	49.9% owner	1 Sep 2005	25% - 50%	13-2614959
Inc. The Bank Of New York Company	15% non-voting interest	1 May 2006	Other	13-2614959
Vishal Garg	Member	1 Jan 2015	50% - 75%	3082477
Nicholas Calamari	Member	1 Jan 2015	25% - 50%	6462951

Based in New York

The principal office where Icp Asset Management LLC performs its advisory services is located at 450 Park Avenue, 27 Th Floor, New York, NY 10022, 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 (646) 688-3250. The normal business hours are 8am - 5pm on Monday - Friday.