Openarc Capital Management LLC (New York)

Name: Openarc Capital Management LLC
Address: 767 Fifth Avenue, New York, NY, 10153
Telephone: 212-299-8080

Openarc Capital Management LLC is a mid-sized advisory firm based in New York. It manages $61.88 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Openarc Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Openarc Capital Management: assets under management

The assets under management (AUM) of Openarc Capital Management LLC is $61.88 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $637.18 thousand in discretionary accounts and $61.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $637.18 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $30.62 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Openarc Capital Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Openarc Capital Management LLC

Jonathan Everett Sandelman has been acting as President since 1 Apr 2011. Douglas Maitland Reid joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jose Dios	Chief executive officer	1 Apr 2011	25% - 50%	1749564
Douglas Maitland Reid	Chief compliance officer	1 Apr 2011	Other	2403015
Jonathan Everett Sandelman	Chairman	1 Apr 2011	50% - 75%	1221750

Based in New York

The principal office where Openarc Capital Management LLC performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153, 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 212-299-8080 or by fax 212-299-7666. The normal business hours are 9am to 6pm on Monday - Friday. You can find more information about the New York firm at www.openarcam.com.