Silva Capital Management LLC (Chicago)

Name: Silva Capital Management LLC
Address: 401 N Michigan Ave Flr 12, Chicago, IL, 60611
Telephone: 312-397-0400

Silva Capital Management LLC is a large advisory firm based in Chicago. It manages $103 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2010.

Silva Capital Management provides 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.

Silva Capital Management: assets under management

The assets under management (AUM) of Silva Capital Management LLC is $103 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and $93 million of the total AUM is attributable to clients outside of the United States.

The firm manages $103 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $34.33 million each.

Investments

The firm invests in derivatives the most. They account for 50% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio. Investments in sovereign bonds form 25% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Silva Capital 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 Silva Capital Management serves?

The firm provides services to corporations or other businesses and pension and profit sharing plans. The largest group of clients of Silva Capital Management is corporations or other businesses with 2 clients and $93 million of assets under management. Among the 6 most similar advisory firms, Silva Capital Management has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $103 million for 3 clients. 80% of the firm’s clients are foreign persons or businesses.

Silva Capital Management doesn't advise any private funds.

Careers at Silva Capital Management LLC

The company employs 3 people that are either part- or full-time employees. 67 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
Alejandro Silva	Founding principal, ceo	1 Jul 2008	75% - 100%	3026427
Robert Michael John Tanner	Principal, cro, cco	1 Jul 2008	Other	4800109
Jared Lee Pitman	Chief compliance officer	1 Jul 2008	Other	5157787

Based in Chicago

The principal office where Silva Capital Management LLC performs its advisory services is located at 401 N Michigan Ave Flr 12, Chicago, IL 60611, 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 312-397-0400 or by fax 312-397-0404. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at silvacapitalmanagement.com.