Essex Ridge Capital Group, LLC is a large advisory firm based in St. Louis. It manages $106.18 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2007.
Essex Ridge Capital Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Essex Ridge Capital Group, LLC is $106.18 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 117% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Essex Ridge Capital Group, 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Essex Ridge Capital Group is pooled investment vehicles with 5 clients and $57.06 million of assets under management. Among the 11 most similar advisory firms, Essex Ridge Capital Group has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $106.18 million for 14 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Essex Ridge Capital Group also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 2 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.
The principal office where Essex Ridge Capital Group, LLC performs its advisory services is located at 1401 S. Brentwood Blvd., St. Louis, MO 63144, 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 314-961-9405 or by fax 314-965-9406. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.