Sands Capital Ventures, LLC (Arlington)


Sands Capital Ventures, LLC is a related adviser based in Arlington. It manages $535.4 million of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Colorado, Delaware, and 11 other states.

Sands Capital Ventures 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.

Sands Capital Ventures: assets under management

The assets under management (AUM) of Sands Capital Ventures, LLC is $535.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9907% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $535.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.12 million each.
Sands Capital Ventures has custody of $516.49 million in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sands Capital Ventures, 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 Sands Capital Ventures serves?

The only and largest group of clients of Sands Capital Ventures is pooled investment vehicles with 28 clients and $535.4 million of assets under management. Among the 8 most similar advisory firms, Sands Capital Ventures has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $535.4 million for 28 clients. None of the firm’s clients are foreign persons or businesses.

Sands Capital Ventures also advises several private funds. Namely, twenty venture capital funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $5,111,020.

Careers at Sands Capital Ventures, LLC

The company employs 36 people that are either part- or full-time employees. 83 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Ian W Ratcliffe joined the executive team most recently as the Managing Partner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Lp Sands Capital Management Managing member (sole member) 1 Oct 2010 75% - 100% 27-1098984
Michael Pinchas Rubin Managing partner/chief executive officer 1 Oct 2010 Other 5616051
John Douglas Suliman Principal/vice president 1 Oct 2010 Other 5152435
Robert Charles Hancock Chief compliance officer/chief operating officer/treasurer/secretary 1 Oct 2010 Other 3101626
Jonathan Paul Goodman General counsel, chief compliance officer and secretary 1 Mar 2013 Other 5130286
Erin Elizabeth Soule Director of finance & operations, treasurer 1 Mar 2014 Other 6377310
Erin Soule Director of finance & operations, treasurer 1 Mar 2014 Other 6377310
Ian W Ratcliffe Managing partner 1 Mar 2018 Other 6931397

Indirect Owners

The SEC currently registers 26 indirect owners.

Name Entity Date acquired Ownership Employer ID
Frank Melville Sands Trustee 1 Dec 2001 Other 2843986
Jessica K Sands Trustee 1 Dec 2001 Other 5597685
Jessica Kozikowski Sands Trustee 1 Dec 2001 Other 5597685
Frank Melville Sands Trustee 1 Aug 2003 Other 1248316
Marjorie Root Sands Trustee 1 Aug 2003 Other 4335776
Frank Melville Sands Manager 1 Dec 2004 Other 2843986
Frank Melville Sands Manager 1 Jul 2005 Other 2843986
Sr. Trust Frank M. Sands Member 1 Dec 2008 50% - 75% 00-0000000
Majorie R. Sands Trust Member 1 Dec 2008 50% - 75% 00-0000000
Jr. Trust Frank M. Sands Member 1 Dec 2008 75% - 100% 00-0000000
Marjorie R. Sands Trust Member 1 Dec 2008 50% - 75% 00-0000000
Jr. Revocable Trust The Frank M. Sands Member 1 Dec 2008 25% - 50% xxx-xx-xxxx
Jessica K. Sands Trust Member 1 Dec 2008 50% - 75% 00-0000000
Llc Sands Family Trust Sub I Partner 1 Sep 2009 25% - 50% 26-2057829
Llc F J Sands Family I Partner 1 Sep 2009 25% - 50% 20-3891425
Llc Sands Family Trust General partner 1 Sep 2009 Other 20-2857692
Jeh Irrevocable Trust Member 1 Dec 2012 25% - 50% 46-6496077
Frank Melville Sands Trustee 1 Mar 2014 Other 2843986
Frank Melville Sands Trustee 1 Jul 2015 Other 1248316
2017 Eagle Holdings Llc Member 1 Mar 2017 75% - 100% 82-4299038
Llc Sub I Holdings Member 1 Mar 2017 75% - 100% 82-4252473
The Moose Sub Im Trust Member 1 Mar 2017 25% - 50% 38-7199277
The Moose Sub If Trust Member 1 Mar 2017 25% - 50% 38-7199278
Frank Melville Sands Manager 1 Mar 2017 Other 1248316
The 2017 Eagle N Trust Member 1 Mar 2017 75% - 100% 38-7199281
Charles M Preston Trustee 1 Mar 2017 Other 6032534

Based in Arlington

The principal office where Sands Capital Ventures, LLC performs its advisory services is located at 1000 Wilson Boulevard, Arlington, VA 22209, 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 703-562-4000 or by fax 703-562-4004. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.