Investors Diversified Realty Management I LLC (Cleveland)


Investors Diversified Realty Management I LLC is a large advisory firm based in Cleveland. It manages $103.7 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Ohio.

Investors Diversified Realty Management I provides portfolio management for pooled investment vehicles and project consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Investors Diversified Realty Management I: assets under management

The assets under management (AUM) of Investors Diversified Realty Management I LLC is $103.7 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.7 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $103.7 million each.
Investors Diversified Realty Management I has custody of $103.7 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 Investors Diversified Realty Management I LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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.

What kind of clients Investors Diversified Realty Management I serves?

The only and largest group of clients of Investors Diversified Realty Management I is pooled investment vehicles with 1 clients and $103.7 million of assets under management. Among the 11 most similar advisory firms, Investors Diversified Realty Management I has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $103.7 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Investors Diversified Realty Management I also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Investors Diversified Realty Management I LLC

The company employs 9 people that are either part- or full-time employees. 100 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
Investors Diversified Realty Llc Managing member 1 May 2006 75% - 100% 20-4958765
Gary Albert Zdolshek Chief compliance officer 1 Feb 2010 Other 1252291
Thomas James Bartos Chief compliance officer 1 Aug 2017 Other 2395255

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Gary Albert Zdolshek Managing member 1 May 2006 75% - 100% 1252291
Roger Farnham Rankin Member 1 Jan 2009 25% - 50% 5780489

Based in Cleveland

The principal office where Investors Diversified Realty Management I LLC performs its advisory services is located at 1111 Superior Ave., Cleveland, OH 44114, 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 216-622-0004. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at idrfof.com/.