Zais Group LLC (Holmdel)

Name: Zais Group LLC
Address: 101 Crawfords Corner Road, Holmdel, NJ, 07733
Telephone: 732-530-3610

Zais Group LLC is a large advisory firm based in Holmdel. It manages $6.03 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2001.

Zais Group provides portfolio management for pooled investment vehicles 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.

Zais Group: assets under management

The assets under management (AUM) of Zais Group LLC is $6.03 billion. The firm's AUM has grown by 448% since the beginning of its operation, and $1.21 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.97 billion in discretionary accounts and $56.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $248.71 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $28.16 million.

Zais Group has custody of $416.56 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Zais Group 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.

What kind of clients Michael Frank Szymanski serves?

The firm provides services to insurance companies, pooled investment vehicles, business development companies, and pension and profit sharing plans. The largest group of clients of Michael Frank Szymanski is pooled investment vehicles with 16 clients and $5.08 billion of assets under management. Among the 8 most similar advisory firms, Zais Group has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.97 billion for 20 clients. 29% of the firm’s clients are foreign persons or businesses.

Zais Group also advises several private funds. Namely, three hedge funds and eleven securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Zais Group LLC

The company employs 53 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Zais Group LLC is owned by Jerry Hong. Michael Frank Szymanski has been acting as President since 1 Sep 2011. Christian Markus Zugel joined the executive team most recently as the Member And Indirectly Through Z Acquisition Llc.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Rumson Services	Owner	1 Jun 1997	25% - 50%	22-3544480
Llc Zais Group Parent	Owner	1 Jul 1997	75% - 100%	22-3532629
Llc River Rain	Owner	1 Jul 1997	50% - 75%	22-3532629
Jerry Hong	Owner	1 Jan 2000	Other	4515703
Jerry Chi An Hong	Owner	1 Jan 2000	Other	4515703
Jerry Hong	Owner	1 Jan 2001	Other	4515703
Ann L O'dowd	Controller	1 Jan 2004	Other	1508646
Russell Prince	Chief compliance officer/general	1 Apr 2004	Other	4920535
Russell Coe Prince	Chief compliance officer/general	1 Apr 2004	Other	4920535
Hong Family Investments Llc	Owner	1 Oct 2005	Other	20-3397028
Christopher Gerard Kelly	Chief operating officer	1 Feb 2006	Other	1191698
Dcde Llc	Member	1 Sep 2006	Other	20-5007922
Paul James Mcdade	Chief financial officer	1 Sep 2010	Other	4791973
Marc David Galligan	Chief risk officer	1 Sep 2010	Other	4492143
Michael Frank Szymanski	Chief operating officer	1 Sep 2010	Other	4791903
Sridhar Bearelly	Head of corporate investments	1 Sep 2010	Other	5207459
Michael Francis Walsh	Chief compliance officer	1 Oct 2010	Other	2734093
Howard E. Steinberg	General counsel	1 Feb 2011	Other	4448508
Christian Markus Zugel	Managing member and chief investment officer	1 Sep 2011	Other	2768757
Michael Frank Szymanski	President	1 Sep 2011	Other	4791903
Karen L Shapiro	Chief compliance officer	1 Jun 2013	Other	2415273
Don Son Choe	Chief technology officer	1 Mar 2015	Other	2076892
Donna Judith Blank	Chief financial officer	1 Jun 2015	Other	5867784
Kelvin Kwok Way Lui	Head of information technology and analytics	1 May 2016	Other	2331429
Nisha Motani	Acting chief financial officer	1 Dec 2016	Other	6737773
Nisha Keshavji Motani	Acting chief financial officer	1 Dec 2016	Other	6737773
Nisha Keshavji Motani	Chief financial officer	1 Apr 2017	Other	6737773
Mark Andrew Russo	General counsel	1 Apr 2017	Other	6773416
Howard E. Steinberg	Senior legal advisor	1 Apr 2017	Other	4448508
Daniel Alexander Curry	President	1 Jan 2018	Other	6926025

Indirect Owners

The SEC currently registers 25 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Richard Walsh	Trustee	1 Jan 1993	Other	2213460
Jeffrey Richard Walsh	Trustee	1 Jun 1995	Other	2213460
Rumson Capital Management Llc	Owner	1 Dec 1995	50% - 75%	22-3235872
John Daniel Burke	Owner	1 Dec 1995	50% - 75%	1197525
Rumson Capital Llc	Owner	1 Jul 1997	25% - 50%	106846
Christian Markus Zugel	Owner and managing member	1 Jul 1997	50% - 75%	2768757
Laureen Zugel	Owner	1 Jul 1997	25% - 50%	4371396
Llc Wr Zais	Owner	1 Jul 1997	50% - 75%	22-3546906
Llc Wr Zais Investors	Owner	1 Jul 1997	50% - 75%	22-3546906
Wr Rumson Investors Llc	Owner	1 Jul 1997	25% - 50%	52-1947472
Oci Trust **See "Miscellaneous" For Trustee	Owner	1 Jul 1997	75% - 100%	22-6588774
Rumson Trust **See "Miscellaneous" For Trustee	Owner	1 Jul 1997	75% - 100%	22-6588774
Laureen T.C. Zugel	Owner	1 Jul 1997	25% - 50%	4371396
Oci Trust	Owner	1 Jul 1997	75% - 100%	22-6588774
Rumson Trust	Owner	1 Jul 1997	75% - 100%	22-6588774
Laureen T.C. Lim	Owner	1 Jul 1997	25% - 50%	4371396
Laureen Tsu Chiann Lim	Owner	1 Jul 1997	25% - 50%	4371396
Llc Rumson Capital Management	Owner	1 Jul 1997	25% - 50%	22-3390875
John Daniel Burke	Owner	1 Jul 1997	50% - 75%	1197525
Jerry Chi An Hong	Owner	1 Jun 2005	75% - 100%	4515703
Inc. Zais Group Holdings	Owner	1 Mar 2015	75% - 100%	46-1314400
Christian Markus Zugel	Trustee of zgh class b voting trust (see schedule d-misc)	1 Mar 2015	Other	2768757
Christian Markus Zugel	Member and indirectly through z acquisition llc	1 May 2018	25% - 50%	2768757
Z Acquisition Llc	Shareholder, class a	1 May 2018	75% - 100%	822719327
Daniel Alexander Curry	Member	1 May 2018	25% - 50%	6926025

Based in Holmdel

The principal office where Zais Group LLC performs its advisory services is located at 101 Crawfords Corner Road, Holmdel, NJ 07733, 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 732-530-3610 or by fax 732-747-7619. The normal business hours are 9-5pm on Monday - Friday. You can find more information about the New York firm at zaisgroup.com/home.aspx.