Cipher Technologies Management LP (Greenwich)


Cipher Technologies Management LP is a related adviser based in Greenwich. It manages $28.33 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019.

Cipher Technologies 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.

Cipher Technologies Management: assets under management

The assets under management (AUM) of Cipher Technologies Management LP is $28.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $28.33 million of the total AUM is attributable to clients outside of the United States.

The firm manages $28.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.44 million each.
Cipher Technologies Management has custody of $26.56 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cipher Technologies 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.

What kind of clients Cipher Technologies Management serves?

The only and largest group of clients of Cipher Technologies Management is pooled investment vehicles with 3 clients and $28.33 million of assets under management. Among the 2 most similar advisory firms, Cipher Technologies Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $28.33 million for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Cipher Technologies Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Cipher Technologies Management LP

The company employs 5 people that are either part- or full-time employees. 60 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
Gerald Thomas Banks Managing partner 1 May 2018 75% - 100% 6026450
Cipher Technologies Management Gp Llc General partner 1 May 2018 Other none
Samir Mohin Cfo 1 May 2018 Other 6924360
Jacob Ernest Comer Cco 1 Oct 2018 Other 6050309

Based in Greenwich

The principal office where Cipher Technologies Management LP performs its advisory services is located at 600 Steamboat Road, Greenwich, CT 06830, 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 +1-203-769-7800. The normal business hours are 09:00-17:00 on Monday - Friday. You can find more information about the New York firm at cipher.tech/.