Contour Asset Management LLC (New York)

Contour Asset Management LLC is a large advisory firm based in New York. It manages $2.63 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2010.

Contour Asset Management provides 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.

Contour Asset Management: assets under management

The assets under management (AUM) of Contour Asset Management LLC is $2.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 519% since the beginning of its operation, and $2.53 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $526.19 million each.

Contour Asset Management has custody of $1.93 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Contour 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.

What kind of clients Contour Asset Management serves?

The only and largest group of clients of Contour Asset Management is pooled investment vehicles with 5 clients and $2.63 billion of assets under management. Among the 9 most similar advisory firms, Contour Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.63 billion for 5 clients. 80% of the firm’s clients are foreign persons or businesses.

Contour Asset Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $150,000,000.

Careers at Contour Asset Management LLC

The company employs 13 people that are either part- or full-time employees. 54 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Seth Adam Wunder	Managing member, principal	1 Jul 2010	25% - 50%	2904212
David Lawrence Meyer	Managing member, principal	1 Jul 2010	25% - 50%	2913412
B&P Advisors Inc	Member	1 Oct 2011	25% - 50%	45-3629374
William Patrick Merriman	Chief financial officer, chief compliance officer	1 Oct 2011	Other	5984527
Julio Nmn Garcia	President, chief operating officer, chief compliance officer	1 Sep 2012	Other	3119171
Alpa Shailesh Rana	Chief financial officer	1 Jul 2013	Other	4768313
Contour Asset Management Lp	Sole member	1 Sep 2016	75% - 100%	364830117

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Patrik Persson Brummer	Shareholder	1 Sep 2010	75% - 100%	2208983
Ppb Holding Ab	Shareholder	1 May 2011	25% - 50%	foreign entity
B&P Intressenter 2 Ab	Shareholder	1 Oct 2011	75% - 100%	foreign entity
Brummer & Partners Ab	Shareholder	1 Oct 2011	75% - 100%	foreign entity
David Lawrence Meyer	Managing member	1 Jan 2012	75% - 100%	2913412
Cam Gp Llc	General partner	1 Sep 2016	Other	81-1628341
B&P Advisors Inc.	Limited partner	1 Sep 2016	25% - 50%	45-3629374
Dlm I Llc	Limited partner	1 Sep 2016	50% - 75%	45-4377277

Based in New York

The principal office where Contour Asset Management LLC performs its advisory services is located at 99 Park Avenue, New York, NY 10016, 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 646-553-2490 or by fax NONE. The normal business hours are 9:00am - 5:00 pm on Monday - Friday.