Fermat Capital Management, LLC (Westport)


Fermat Capital Management, LLC is a large advisory firm based in Westport. It manages $6.58 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Connecticut.

Fermat Capital Management 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.

Fermat Capital Management: assets under management

The assets under management (AUM) of Fermat Capital Management, LLC is $6.58 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 501% since the beginning of its operation, and $6.58 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $6.58 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $939.8 million each.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

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

What kind of clients Fermat Capital Management serves?

The only and largest group of clients of Fermat Capital Management is pooled investment vehicles with 4 clients and $3.68 billion of assets under management. Among the 6 most similar advisory firms, Fermat Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.68 billion for 4 clients. 100% of the firm’s clients are foreign persons or businesses.

Fermat Capital Management also advises several private funds.

Careers at Fermat Capital Management, LLC

The company employs 24 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Nelson Moonhun Seo Managing member 1 Oct 2001 50% - 75% 4934595
John Sehun Seo Managing member 1 Oct 2001 50% - 75% 2341300
Jeffrey William Bates Chief compliance officer, chief operating officer 1 Sep 2004 Other 3136882
Michael Joohun Seo Chief technology officer 1 Jan 2005 Other 5072187
Brett Thomas Houghton Managing principal 1 Oct 2010 Other 3096173
Claudia Naomi Green General counsel & senior analyst 1 Nov 2010 Other 6176982
Adam Leslie Dener Managing principal 1 Mar 2015 Other 6553594

Based in Westport

The principal office where Fermat Capital Management, LLC performs its advisory services is located at 615 Riverside Avenue, Westport, CT 06880 5910, 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 203-227-9333 or by fax 203-227-9509. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at fermatcapital.com.