Cedar Rock Capital Limited (London)

Name: Cedar Rock Capital Limited
Address: 110 Wigmore Street, London, W1 U 3 Rw
Telephone: 44 020 75631100

Cedar Rock Capital Limited is a large advisory firm based in London. It manages $11.34 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2002.

Cedar Rock Capital Limited 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.

Cedar Rock Capital Limited: assets under management

The assets under management (AUM) of Cedar Rock Capital Limited is $11.34 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 464% since the beginning of its operation, and $3.12 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $11.34 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.62 billion each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is investment and business development companies, which make up 1% of the firm’s portfolio. Investments in pooled investment vehicles form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cedar Rock Capital Limited 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 David Miller serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of David Miller is pooled investment vehicles with 2 clients and $9.61 billion of assets under management. Among the 7 most similar advisory firms, Cedar Rock Capital Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.88 billion for 3 clients. 85% of the firm’s clients are foreign persons or businesses.

Cedar Rock Capital Limited also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Cedar Rock Capital Limited

The company employs 8 people that are either part- or full-time employees. 75 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.

David Miller has been acting as President since 1 Jun 2002. Andrew Clemmer Brown joined the executive team most recently as the Director, Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Clemmer Brown	Director, chief executive officer	1 Jun 2002	75% - 100%	2219333
David Miller	Director	1 Jun 2002	Other	4597508
Joy Isabelle Besse	Director, chief compliance officer	1 Jun 2002	Other	4597510

Based in London

The principal office where Cedar Rock Capital Limited performs its advisory services is located at 110 Wigmore Street, London, W1 U 3 Rw, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 44 020 75631100 or by fax 44 020 7563 1111. The normal business hours are 09:00 - 18:00 on Monday - Friday. You can find more information about the New York firm at cedarrockcapital.com.