Stark & Roth LLC (Milwaukee)


Stark & Roth LLC is a large advisory firm based in Milwaukee. It manages $305.71 million of regulatory assets for 25 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Wisconsin.

Stark & Roth 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.

Stark & Roth: assets under management

The assets under management (AUM) of Stark & Roth LLC is $305.71 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -90% since the beginning of its operation, and $131.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $305.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.23 million each.
Stark & Roth has custody of $205.03 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Stark & Roth 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 Stark & Roth serves?

The only and largest group of clients of Stark & Roth is pooled investment vehicles with 16 clients and $305.71 million of assets under management. Among the 7 most similar advisory firms, Stark & Roth has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $305.71 million for 16 clients. 73% of the firm’s clients are foreign persons or businesses.

Stark & Roth also advises several private funds. Namely, twenty two hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Stark & Roth LLC

The company employs 15 people that are either part- or full-time employees. 40 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
Brian Jay Stark Chief executive officer and chief investment officer 1 Aug 1993 Other 2183087
Michael Anthony Roth Executive vice president 1 Aug 1993 Other 2183296
Robert James Barnard Deputy chief investment officer and principal 1 Jan 2000 Other 4007217
Mehul Shailesh Desai Chief risk officer 1 Jul 2004 Other 5315168
Brett Randall Meili Chief compliance officer 1 Mar 2005 Other 2961219
Daniel Joseph Mcnally Chief operating officer, general counsel and principal 1 Jan 2006 Other 5245155
Stark & Roth Holding Inc. Member 1 Dec 2010 75% - 100% 27-4662810
Joseph Roy Tylicki Chief financial officer 1 Jan 2011 Other 5882769
Venton Nimani Chief risk officer 1 May 2011 Other 5972783
Michael Stephen Chick Chief compliance officer and associate general counsel 1 Feb 2012 Other 4283632
Ryan Robert Anderson Chief compliance officer 1 Jul 2013 Other 4283412

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Brian Jay Stark Common stock shareholder 1 Dec 2010 75% - 100% 2183087
Michael Anthony Roth Common stock shareholder 1 Dec 2010 25% - 50% 2183296

Based in Milwaukee

The principal office where Stark & Roth LLC performs its advisory services is located at 735 North Water Street, Milwaukee, WI 53202, 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 414-294-7000 or by fax 414-294-7700. The normal business hours are 8:00 am - 5:00 pm cst on Monday - Friday. You can find more information about the New York firm at starkinvestments.com.