Raith Capital Partners, LLC (New York)


Raith Capital Partners, LLC is a large advisory firm based in New York. It manages $1 billion of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of New York.

Raith Capital Partners 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.

Raith Capital Partners: assets under management

The assets under management (AUM) of Raith Capital Partners, LLC is $1 billion. The firm's AUM has grown by 318% since the beginning of its operation, and $398.45 million of the total AUM is attributable to clients outside of the United States.

The firm manages $607.21 million in discretionary accounts and $395.21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $86.74 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $17.18 million.
Raith Capital Partners has custody of $50.96 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Raith Capital Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Raith Capital Partners serves?

The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of Raith Capital Partners is pooled investment vehicles with 29 clients and $967.95 million of assets under management. Among the 10 most similar advisory firms, Raith Capital Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1 billion for 30 clients. 80% of the firm’s clients are foreign persons or businesses.

Raith Capital Partners also advises several private funds. Namely, seven real estate funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $10,000,000.

Careers at Raith Capital Partners, LLC

The company employs 14 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
William Wilder Landis Partner, chief compliance officer 1 Feb 2012 50% - 75% 1667140
Nelson Nienjung Hioe Partner 1 Feb 2012 25% - 50% 4981608
Robert Rothenberg Chief compliance officer 1 Mar 2013 Other 6173036
Terri Ambron Liftin Chief compliance officer 1 Jun 2016 Other 5196394

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nelson Nienjung Hioe Managing member 1 Mar 2012 25% - 50% 4981608
William Wilder Landis Managing member 1 Mar 2012 50% - 75% 1667140
Llc Raith Bp Holdings Manager 1 Jan 2013 Other 46-2277248
Nelson Nienjung Hioe Managing member 1 Mar 2013 25% - 50% 4981608
William Wilder Landis Managing member 1 Mar 2013 50% - 75% 1667140
Raith Capital Management Llc General partner 1 Oct 2013 Other 45-4837066
Raith Capital Management Llc General partner 1 Nov 2013 Other 45-4837066
Raith Capital Investors Llc General partner 1 Nov 2013 Other 46-4135260
William Wilder Landis Managing member 1 Nov 2013 50% - 75% 1667140
Nelson Nienjung Hioe Managing member 1 Nov 2013 25% - 50% 4981608
Raith Capital Investors Llc General partner 1 Dec 2014 Other 46-4135260

Based in New York

The principal office where Raith Capital Partners, LLC performs its advisory services is located at 424 Madison Avenue, New York, NY 10017, 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 212-938-6995 or by fax 212-938-6955. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at raithcapital.com.