Socratic Fund Management, LP is an adviser based in Steamboat Springs. It manages $42.5 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Colorado.
Socratic Fund Management provides portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of Socratic Fund Management, LP is $42.5 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -76% since the beginning of its operation, and $2.13 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Socratic Fund Management, LP 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.
The firm provides services to charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Socratic Fund Management is corporations or other businesses with 1 clients and $16.59 million of assets under management. Among the 1 most similar advisory firms, Socratic Fund Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $42.5 million for 5 clients. 5% of the firm’s clients are foreign persons or businesses.
Socratic Fund Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
The principal office where Socratic Fund Management, LP performs its advisory services is located at 1865 Ski Time Square Ds2 C, Steamboat Springs, CO 80487 The mailing address of the firm is P.O. Box 774368, Steamboat Springs, CO 80477. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (970) 509-1201 or by fax (970) 509-1206. The normal business hours are 8:30 am to 5:00pm on Monday - Friday. You can find more information about the New York firm at socraticfunds.com/.