Rosenwald Capital Management, Inc. (Redondo Beach)

Rosenwald Capital Management, Inc. is a large advisory firm based in Redondo Beach. It manages $141.17 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Rosenwald 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.

Rosenwald Capital Management: assets under management

The assets under management (AUM) of Rosenwald Capital Management, Inc. is $141.17 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -44% since the beginning of its operation, and $120.04 million of the total AUM is attributable to clients outside of the United States.

The firm manages $141.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.29 million each.

Rosenwald Capital Management has custody of $141.17 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 98% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rosenwald Capital 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 Jill Rosenwald serves?

The firm provides services to insurance companies, charitable organizations, and pooled investment vehicles. The largest group of clients of Jill Rosenwald is pooled investment vehicles with 2 clients and $62.99 million of assets under management. Among the 9 most similar advisory firms, Rosenwald Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $141.17 million for 4 clients. 75% of the firm’s clients are foreign persons or businesses.

Rosenwald Capital Management also advises several private funds. Namely, one hedge fund and one private equity fund.

Careers at Rosenwald Capital Management, Inc.

The company employs 3 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 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.

Jill Rosenwald has been acting as President since 1 Aug 2013. Anita Vora joined the executive team most recently as the Chief Financial Officer, Secretary & Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Benno Rosenwald	Director, president	1 Jul 1984	Other	1241892
Rosenwald Family Trust	Owner	1 Dec 1997	75% - 100%	xxx-xx-xxxx
Jill Rosenwald	Director	1 Aug 2013	Other	6231227
Jocelyn Rosenwald	Director	1 Mar 2015	Other	6860202
Steven O Kramer	Chief compliance officer	1 Jan 2017	Other	6755745
Laura Parker Rosenwald	Executive vice president	1 May 2017	Other	6860203
James Benno Rosenwald	Director	1 May 2017	Other	6860204
Anita Vora	Chief financial officer, secretary & treasurer	1 May 2017	Other	6860205
Anita Vora	Chief financial officer, secretary & treasurer	1 Sep 2017	Other	6860205
Steven O Kramer	Chief compliance officer	1 Sep 2017	Other	6755745

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Benno Rosenwald	Trustee	1 Dec 1997	Other	1241892
Laura Parker Rosenwald	Trustee	1 Dec 1997	Other	6860203

Based in Redondo Beach

The principal office where Rosenwald Capital Management, Inc. performs its advisory services is located at 121 West Torrance Blvd.,, Redondo Beach, CA 90277, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-318-9000 or by fax 310-318-1156. The normal business hours are 7:00 a.m. - 4:00 p.m. on Monday - Friday.