Record Currency Management Limited (Berkshire)

Name: Record Currency Management Limited
Address: Morgan House, Madeira Walk, Berkshire, Sl4 1 Ep
Telephone: (44) 1753 852222

Record Currency Management Limited is a large advisory firm based in Berkshire. It manages $57.28 billion of regulatory assets for 60 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Maryland.

Record Currency Management Limited provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Record Currency Management Limited: assets under management

The assets under management (AUM) of Record Currency Management Limited is $57.28 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 12011% since the beginning of its operation, and $51.5 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $57.28 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $954.69 million each.

Investments

The firm invests in derivatives the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Record Currency Management Limited for their services and products based on a percentage of assets under management, fixed fees, 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 Neil Peter Record serves?

The firm provides services to charitable organizations, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Neil Peter Record is state or municipal government entities with 12 clients and $24.13 billion of assets under management. Among the 10 most similar advisory firms, Record Currency Management Limited has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $52.73 billion for 55 clients. 85% of the firm’s clients are foreign persons or businesses.

Record Currency Management Limited doesn't advise any private funds.

Careers at Record Currency Management Limited

The company employs 86 people that are either part- or full-time employees. 43 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.

Neil Peter Record has been acting as President since 1 Jan 2006. Timothy Peter Warren Edwards joined the executive team most recently as the Non Executive Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ian Charles Leavenworth Harrison	Director	1 Nov 1988	Other	4397857
Michael David Timmins	Director	1 Feb 1992	Other	4397846
Leslie Francoise Meier	Director	1 Feb 1993	Other	4397850
Joanne Manning	Company secretary	1 Aug 1994	Other	4397851
Peter David Wakefield	Director	1 Jul 2000	Other	4397859
Leslie Tracy Halpin	Director	1 Sep 2000	Other	4397845
Neil Peter Record	Chairman & ceo	1 Sep 2000	25% - 50%	4397843
Bob Noyen	Cio / director	1 Sep 2000	Other	4397847
Duncan Joel Sleigh	Director	1 Apr 2004	Other	4810041
Robert Charles Bloom	Director	1 May 2004	Other	1877809
David Murphy	Director	1 Feb 2005	Other	4982146
Steven Peter Cullen	Company secretary	1 Aug 2005	Other	5031042
Neil Peter Record	Chairman/director	1 Jan 2006	Other	4397843
Bob Noyen	Cio/managing director	1 Jan 2006	Other	4397847
Leslie Francoise Meier	Managing director	1 Jan 2006	Other	4397850
Peter David Wakefield	Managing director	1 Jan 2006	Other	4397859
Christopher V Jackson	Director	1 Jan 2006	Other	5096011
Carl Clive Beckley	Director	1 May 2006	Other	5160860
Dmitri Tikhonov	Director	1 Oct 2006	Other	5361187
Anthony Hassan Beal	Chief compliance officer/director	1 May 2007	Other	5361190
Andrew Francis Sykes	Non-executive director	1 Nov 2007	Other	5473808
Cees Schrauwers	Non-executive director	1 Nov 2007	Other	5473809
Record Plc	Parent company (100% owner)	1 Dec 2007	75% - 100%	foreign
Paul Nigel Sheriff	Cfo/director	1 Dec 2008	Other	5640432
David John Morrison	Non-executive director	1 Oct 2009	Other	5732514
Joanne Manning	Company secretary	1 Feb 2010	Other	4397851
David Alistair James Wood Collins	Chief executive officer / director	1 Oct 2010	Other	5855678
Robert Nicholas Reid Aitken	Chief compliance officer	1 Jan 2011	Other	5878279
Grady Mcgown Laurie	Chief compliance officer	1 Jul 2012	Other	6103364
Steven Peter Cullen	Cfo/director	1 Mar 2013	Other	5031042
Duncan Joel Sleigh	Chief operating officer	1 Mar 2013	Other	4810041
Rosina Jane Tufnell	Non-executive director	1 Sep 2015	Other	5594497
Rosemary Hilary	Non-executive director	1 Jun 2016	Other	6671295
Timothy Peter Warren Edwards	Non-executive director	1 Mar 2018	Other	6932900

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Neil Peter Record	Chairman/director	1 Dec 2007	25% - 50%	4397843

Based in Berkshire

The principal office where Record Currency Management Limited performs its advisory services is located at Morgan House, Madeira Walk, Berkshire, Sl4 1 Ep, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number (44) 1753 852222 or by fax (44) 1753 852224. The normal business hours are 0830 - 1800 hrs on Monday - Friday. You can find more information about the New York firm at recordcm.com.