Ellington Residential Mortgage Management LLC (Old Greenwich)

Name: Ellington Residential Mortgage Management LLC
Address: 53 Forest Avenue, Old Greenwich, CT, 06870
Telephone: 203-698-1200

Ellington Residential Mortgage Management LLC is a large advisory firm based in Old Greenwich. It manages $1.68 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Connecticut.

Ellington Residential Mortgage 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.

Ellington Residential Mortgage Management: assets under management

The assets under management (AUM) of Ellington Residential Mortgage Management LLC is $1.68 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.68 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.68 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ellington Residential Mortgage 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 Ellington Residential Mortgage Management serves?

The only and largest group of clients of Ellington Residential Mortgage Management is pooled investment vehicles with 1 clients and $1.68 billion of assets under management. Among the 10 most similar advisory firms, Ellington Residential Mortgage Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.68 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Ellington Residential Mortgage Management doesn't advise any private funds.

Careers at Ellington Residential Mortgage Management LLC

The company employs 142 people that are either part- or full-time employees. 39 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.

Christopher Smernoff joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael William Vranos	Chief executive officer	1 Jul 2012	Other	2013180
Laurence Eric Penn	Executive vice president	1 Jul 2012	Other	1914867
Ellington Rmm Holdings Llc	Member	1 Jul 2012	75% - 100%	46-0692896
David Charles Rice	Chief compliance officer	1 Sep 2012	Other	5574821
Daniel Reuven Margolis	General counsel	1 Apr 2013	Other	5800952
Lisa Mumford Wiley	Chief financial officer	1 Apr 2013	Other	5483055
Christopher Smernoff	Chief financial officer	1 Apr 2018	Other	6936149

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Michael William Vranos	Managing member	1 Aug 1995	75% - 100%	2013180
L.L.C. Vc Investments	General partner	1 Jan 2007	Other	13-3813408
Michael William Vranos	Limited partner	1 Apr 2007	25% - 50%	2013180
L.P. Emg Holdings	Member	1 Jul 2012	75% - 100%	03-0612415
L.L.C. Vc Investments	Managing member	1 Jul 2012	Other	13-3813408

Based in Old Greenwich

The principal office where Ellington Residential Mortgage Management LLC performs its advisory services is located at 53 Forest Avenue, Old Greenwich, CT 06870, 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 203-698-1200 or by fax 203-637-8551. The normal business hours are 9:00a.m. to 5:00p.m. on Monday - Friday. You can find more information about the New York firm at ellington.com.