Ssi Investment Management Inc. (Beverly Hills)


Ssi Investment Management Inc. is a large advisory firm based in Beverly Hills. It manages $1.94 billion of regulatory assets for 97 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, and Hawaii.

Ssi Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Ssi Investment Management: assets under management

The assets under management (AUM) of Ssi Investment Management Inc. is $1.94 billion. The firm's AUM has grown by 228% since the beginning of its operation, and $54.61 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.94 billion in discretionary accounts and $4.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $20.84 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.01 million.
Ssi Investment Management has custody of $23.23 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 81% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ssi Investment Management Inc. 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 John David Gottfurcht serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of John David Gottfurcht is investment companies with 3 clients and $531.95 million of assets under management. Among the 10 most similar advisory firms, Ssi Investment Management has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.94 billion for 97 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Ssi Investment Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Ssi Investment Management Inc.

The company employs 36 people that are either part- or full-time employees. 33 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.

John David Gottfurcht has been acting as President since 1 Mar 2011. George Michael Douglas has served as the Chief Investment Officer since 1 Mar 2011. Syed Fazal Mehdi joined the executive team most recently as the President, Chief Compliance Officer, Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John David Gottfurcht President 1 Jul 1987 25% - 50% 226370
Amy Jo Jacobson Gottfurcht Chairman, ceo, cfo & secretary 1 Dec 1993 25% - 50% 1029196
Amy Jo Gottfurcht Chairman, ceo, & secretary 1 Dec 1993 25% - 50% 1029196
George Michael Douglas Vice president & chief investment officer 1 Feb 1994 Other 2144650
David William Rosenfelder Vice president senior portfolio analyst 1 Jan 1996 Other 861073
Syed Fazal Mehdi Vice president finance & adminstration 1 Aug 1998 Other 2599749
Syed Fazal Mehdi Chief compliance officer & vice president human resources 1 Jul 2004 Other 2599749
Tracey Briscoe Monroe Chief operating officer 1 Mar 2006 Other 2889479
Syed Fazal Mehdi Chief compliance officer & svp human resources 1 Sep 2007 Other 2599749
Syed Fazal Mehdi Chief operating officer & chief compliance officer 1 Mar 2009 Other 2599749
Ravi Malik Portfolio manager, principal 1 Mar 2009 Other 2677071
Karin Andrea Oconnell Senior vice president & portfolio manager 1 Mar 2009 Other 1704126
John David Gottfurcht President 1 Mar 2011 25% - 50% 226370
Amy Jo Gottfurcht Chairman & ceo 1 Mar 2011 25% - 50% 1029196
George Michael Douglas Chief investment officer 1 Mar 2011 Other 2144650
Ssi Investment Management Inc. Member 1 Apr 2019 75% - 100% 95-2913505
George Michael Douglas Chief investment officer, managing principal, director 1 May 2019 Other 2144650
Syed Fazal Mehdi President, chief compliance officer, director 1 May 2019 Other 2599749
Ravi Malik Portfolio manager, principal, director 1 May 2019 Other 2677071
Gene Louis Needles Director 1 May 2019 Other 1068224
Jeffrey Karl Ringdahl Director 1 May 2019 Other 5230141
Inc. Resolute Investment Managers Member 1 May 2019 50% - 75% 26-2612344

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
John David Gottfurcht Shareholder 1 Jan 1975 25% - 50% 226370
Amy Jo Gottfurcht Shareholder 1 Aug 1982 25% - 50% 1029196
L.P. Kelso Investment Associates Viii Shareholder 1 Apr 2015 50% - 75% 64-0961883
L.P. Kelso Gp Viii General partner 1 Apr 2015 Other 98-0612314
Llc Kelso Gp Viii General partner 1 Apr 2015 Other 64-0961879
Llc Resolute Investment Holdings Shareholder 1 Apr 2015 75% - 100% 47-3578656
Inc. Resolute Acquisition Shareholder 1 Apr 2015 75% - 100% 47-3615161
Inc. Resolute Topco Shareholder 1 Apr 2015 75% - 100% 47-3609162

Based in Beverly Hills

The principal office where Ssi Investment Management Inc. performs its advisory services is located at 9440 Santa Monica Blvd, 8 Th Floor, Beverly Hills, CA 90210, 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 310-595-2000 or by fax 310-595-2089. The normal business hours are 7:00 a.m. to 3:30 p.m. on Monday - Friday. You can find more information about the New York firm at ssi-invest.com.