Berenberg Asset Management LLC is a large advisory firm based in New York. It manages $211.6 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2014.
Berenberg Asset Management provides portfolio management for investment companies 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.
The assets under management (AUM) of Berenberg Asset Management LLC is $211.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 345% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Berenberg Asset Management LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to investment companies and pension and profit sharing plans. The largest group of clients of Tindaro Siragusano is pension and profit sharing plans with 2 clients and $128.41 million of assets under management. Among the 9 most similar advisory firms, Berenberg Asset Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $211.6 million for 3 clients. None of the firm’s clients are foreign persons or businesses.
Berenberg Asset Management doesn't advise any private funds.
The company employs 50 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Tindaro Siragusano has been acting as President since 1 Dec 2013. Martin Knocinski joined the executive team most recently as the Chief Operating Officer.
The principal office where Berenberg Asset Management LLC performs its advisory services is located at 1251 6 Th Ave, New York, NY 10020, 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 312-754-6055. The normal business hours are 8 am - 5 pm on Monday - Friday.