Markham Rae LLP (London)


Markham Rae LLP is a large advisory firm based in London. It manages $274.05 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2017.

Markham Rae 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.

Markham Rae: assets under management

The assets under management (AUM) of Markham Rae LLP is $274.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -78% since the beginning of its operation, and $264.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $274.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $39.15 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 52% of the total AUM. The second-largest asset type is derivatives, which make up 31% of the firm’s portfolio. Investments in other assets form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Markham Rae LLP 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 Markham Rae serves?

The only and largest group of clients of Markham Rae is pooled investment vehicles with 5 clients and $66.31 million of assets under management. Among the 11 most similar advisory firms, Markham Rae has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $66.31 million for 5 clients. 86% of the firm’s clients are foreign persons or businesses.

Markham Rae also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Markham Rae LLP

The company employs 14 people that are either part- or full-time employees. 43 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.

Christopher Andrew Brandt has served as the Chief Investment Officer since 1 Nov 2010 and Martin Jonathan is the Chief Executive Officer of Markham Rae LLP family office. Intertrust Income Replacement Plan As Trustees Of The Intertrust Income Replacement Plan Jonathan Martin Member's Account joined the executive team most recently as the Trustee.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Markham Rae (Uk) Ltd Corporate member 1 Aug 2010 25% - 50% 00000
Mcclelland Bodley Giles Chief operating officer & chief compliance officer 1 Nov 2010 Other 6738333
Martin Jonathan Chief executive officer 1 Nov 2010 25% - 50% 6738336
Christopher Andrew Brandt Chief investment officer 1 Nov 2010 25% - 50% 6745726

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Dominion Fiduciary Services (Malta) Limited As Trustees Of The Dominion Malta Retirement Plan Jonathan Martin Member's Account Trustee 1 Aug 2010 50% - 75% 000
Dominion Fiduciary Services (Malta) Limited As Trustees Of The Dominion Malta Retirement Plan Christopher Brand Member's Account Trustee 1 Aug 2010 50% - 75% 0000
Intertrust Income Replacement Plan As Trustees Of The Intertrust Income Replacement Plan Jonathan Martin Member's Account Trustee 1 Jun 2017 50% - 75% 000
Intertrust Income Replacement Plan As Trustees Of The Intertrust Income Replacement Plan Christopher Brandt Member's Account Trustee 1 Jun 2017 50% - 75% 0000

Based in London

The principal office where Markham Rae LLP performs its advisory services is located at 1 Knightsbridge Green, London, Sw1 X 7 Qa, 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 20 7590 5100. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at markhamrae.com.