Etf Managers Group LLC (Summit)

Etf Managers Group LLC is a large advisory firm based in Summit. It manages $3.49 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2016.

Etf Managers Group provides portfolio management for investment companies and 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.

Etf Managers Group: assets under management

The assets under management (AUM) of Etf Managers Group LLC is $3.49 billion. The firm's AUM has grown by 357% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Etf Managers Group 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 Bernard John Karol serves?

The only and largest group of clients of Bernard John Karol is investment companies with 10 clients and $3.49 billion of assets under management. Among the 7 most similar advisory firms, Etf Managers Group has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $3.49 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Etf Managers Group doesn't advise any private funds.

Careers at Etf Managers Group LLC

The company employs 21 people that are either part- or full-time employees. 24 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.

Bernard John Karol has been acting as President since 1 Oct 2015. Reshma Jashvant Amin joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Ralph Masucci	Ceo	1 Jul 2012	Other	2011215
Exchange Traded Managers Group Llc	Holding company	1 Oct 2013	75% - 100%	46-3980352
David Henry Weissman	Coo/cco	1 Sep 2014	Other	2821025
John Augustin Flanagan	Cfo	1 Jan 2015	Other	xxx-xx-xxxx
Bernard John Karol	President	1 Oct 2015	Other	xxx-xx-xxxx
Banard Karol	President	1 Dec 2015	Other	xxx-xx-xxxx
Banard John Karol	President	1 Dec 2015	Other	xxx-xx-xxxx
Reshma Jashvant Amin	Cco	1 Jul 2016	Other	4491493

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Ralph Masucci	Ceo	1 Oct 2013	75% - 100%	2011215
Bernard Karol	President	1 Oct 2013	25% - 50%	xxx-xx-xxxx
Bernard John Karol	President	1 Oct 2013	25% - 50%	6601395

Based in Summit

The principal office where Etf Managers Group LLC performs its advisory services is located at 30 Maple Street, Summit, NJ 07901, 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 908-897-0510 or by fax 908-286-8286. The normal business hours are 8:00am-5:00pm on Monday - Friday.