Acacia Asset Management LLC (New York)

Name: Acacia Asset Management LLC
Address: 1155 6 Th Avenue, New York, NY, 10036
Telephone: 212-755-2530

Acacia Asset Management LLC is a large advisory firm based in New York. It manages $100 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018.

Acacia Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Acacia Asset Management: assets under management

The assets under management (AUM) of Acacia Asset Management LLC is $100 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $100 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Acacia Asset Management LLC for their services and products based on a percentage of assets under management. 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 Acacia Asset Management serves?

The only and largest group of clients of Acacia Asset Management is investment companies with 1 clients and $100 million of assets under management. Among the 10 most similar advisory firms, Acacia Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $100 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Acacia Asset Management doesn't advise any private funds.

Careers at Acacia Asset Management LLC

The company employs 2 people that are either part- or full-time employees. 50 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Acacia Group Llc	Managing member	1 Oct 2013	75% - 100%	46-4335567
Dean Alan Christiansen	President / chief executive officer / assistant treasurer / assistant secretary	1 Oct 2013	Other	1237406
Scott Douglas Gordon	Chief financial officer / treasurer / secretary / managing director / chief compliance officer	1 Dec 2016	Other	4135990
Scott D Cornick	Managing director, portfolio manager	1 Feb 2018	Other	5150419

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey James Phillips	Member	1 Dec 2004	Other	2598166
James Joseph Croke	Member	1 Dec 2014	Other	6773264
Stephen Gilman O'grady	Member	1 Dec 2014	Other	2355863
Scott Douglas Gordon	Member	1 Feb 2016	Other	4135990
Dean Alan Christiansen	Member	1 Feb 2016	50% - 75%	1237406

Based in New York

The principal office where Acacia Asset Management LLC performs its advisory services is located at 1155 6 Th Avenue, New York, NY 10036, 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 212-755-2530 or by fax 212-918-4936. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at acacia.com.