Etf Managers Group LLC (Summit)


Etf Managers Group LLC is a large advisory firm based in Summit. It manages $3.49 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016.

Etf Managers Group provides portfolio management for investment companies and 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.

Etf Managers Group: assets under management

The assets under management (AUM) of Etf Managers Group LLC is $3.49 billion. The firm's AUM has grown by 357% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Etf Managers Group LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bernard John Karol serves?

The only and largest group of clients of Bernard John Karol is investment companies with 10 clients and $3.49 billion of assets under management. Among the 7 most similar advisory firms, Etf Managers Group has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.49 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Etf Managers Group doesn't advise any private funds.

Careers at Etf Managers Group LLC

The company employs 21 people that are either part- or full-time employees. 24 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.

Bernard John Karol has been acting as President since 1 Oct 2015. Reshma Jashvant Amin joined the executive team most recently as the Cco.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Samuel Ralph Masucci Ceo 1 Jul 2012 Other 2011215
Exchange Traded Managers Group Llc Holding company 1 Oct 2013 75% - 100% 46-3980352
David Henry Weissman Coo/cco 1 Sep 2014 Other 2821025
John Augustin Flanagan Cfo 1 Jan 2015 Other xxx-xx-xxxx
Bernard John Karol President 1 Oct 2015 Other xxx-xx-xxxx
Banard Karol President 1 Dec 2015 Other xxx-xx-xxxx
Banard John Karol President 1 Dec 2015 Other xxx-xx-xxxx
Reshma Jashvant Amin Cco 1 Jul 2016 Other 4491493

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Samuel Ralph Masucci Ceo 1 Oct 2013 75% - 100% 2011215
Bernard Karol President 1 Oct 2013 25% - 50% xxx-xx-xxxx
Bernard John Karol President 1 Oct 2013 25% - 50% 6601395

Based in Summit

The principal office where Etf Managers Group LLC performs its advisory services is located at 30 Maple Street, Summit, NJ 07901, 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 908-897-0510 or by fax 908-286-8286. The normal business hours are 8:00am-5:00pm on Monday - Friday.