Lee Equity Partners, LLC (New York)

Name: Lee Equity Partners, LLC
Address: 650 Madison Ave, New York, NY, 10022
Telephone: 212-906-4900

Lee Equity Partners, LLC is a large advisory firm based in New York. It manages $1.99 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2012.

Lee Equity Partners 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.

Lee Equity Partners: assets under management

The assets under management (AUM) of Lee Equity Partners, LLC is $1.99 billion. The firm's AUM has grown by 113% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.82 billion in discretionary accounts and $163.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $95.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $163.9 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lee Equity Partners, LLC for their services and products based on a percentage of assets under management and fixed 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 Lee Equity Partners serves?

The only and largest group of clients of Lee Equity Partners is pooled investment vehicles with 20 clients and $1.99 billion of assets under management. Among the 10 most similar advisory firms, Lee Equity Partners has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.99 billion for 20 clients. None of the firm’s clients are foreign persons or businesses.

Lee Equity Partners also advises several private funds. Namely, twenty private equity funds.

Careers at Lee Equity Partners, LLC

The company employs 26 people that are either part- or full-time employees. 73 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
Yoo Jin Kim	Managing member	1 Sep 2005	Other	6016029
Benjamin Alexis Hochberg	Managing member	1 May 2006	Other	6016028
Benjamin Hochberg	Partner	1 May 2006	Other	6016028
Thomas Haskell Lee	Managing member	1 Aug 2006	75% - 100%	305494
Joseph Bernard Rotberg	Managing member, chief compliance officer, chief financial officer	1 Aug 2006	Other	5455617
David Joseph Morrison	Managing member	1 Sep 2006	Other	6016037
David Morrison	Partner	1 Sep 2006	Other	6016037
Mark Kevin Gormley	Managing manager	1 Jan 2007	Other	718402
Richard Paul Walsh	Partner	1 Jan 2011	Other	1826371
Douglas Schreiber	Partner	1 Jan 2011	Other	6016024
Caitlyn Ann Macdonald	Elected manager	1 Oct 2015	Other	6629190

Based in New York

The principal office where Lee Equity Partners, LLC performs its advisory services is located at 650 Madison Ave, New York, NY 10022, 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 212-906-4900 or by fax 212-702-3787. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at leeequity.com/.