Digital Colony Management LLC (Los Angeles)


Digital Colony Management LLC is a large advisory firm based in Los Angeles. It manages $4.13 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Florida.

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

Digital Colony Management: assets under management

The assets under management (AUM) of Digital Colony Management LLC is $4.13 billion. The firm's AUM has grown by 194% since the beginning of its operation, and $184.47 million of the total AUM is attributable to clients outside of the United States.

The firm manages $4.03 billion in discretionary accounts and $100.1 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.01 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $100.1 million.

Investments

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

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Digital Colony Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Benjamin Johnson Jenkins serves?

The only and largest group of clients of Benjamin Johnson Jenkins is pooled investment vehicles with 3 clients and $3.98 billion of assets under management. Among the 9 most similar advisory firms, Digital Colony Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.98 billion for 3 clients. 40% of the firm’s clients are foreign persons or businesses.

Digital Colony Management also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Digital Colony Management LLC

The company employs 101 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.

Benjamin Johnson Jenkins has been acting as President since 1 Feb 2018. Llc 1 Class A Unit Colony Capital Digital Holdco joined the executive team most recently as the Managing Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Digital Bridge Advisors Managing member 1 Sep 2017 50% - 75% 82-3416284
Inc. Colony Northstar Managing member 1 Sep 2017 50% - 75% 27-0419483
Kristen Ann Whealon Chief compliance officer 1 Nov 2017 Other 3105081
Llc Colony Dc Manager Managing member 1 Feb 2018 50% - 75% 30-1011630
Marc Christopher Ganzi Chief executive officer 1 Feb 2018 Other 6881359
Jeffrey Eric Ginsberg Vice president 1 Feb 2018 Other 1536668
Jonathan Howard Grunzweig Vice president 1 Feb 2018 Other 6026997
Mark Melvin Hedstrom Vice president, secretary 1 Feb 2018 Other 5077054
Benjamin Johnson Jenkins Chairman 1 Feb 2018 Other 2378809
Darren James Tangen Vice president, treasurer 1 Feb 2018 Other 4235602
Llc 1 Class B Unit Colony Dc Manager Managing member 1 Feb 2018 50% - 75% 30-1011630
Llc 1 Class A Unit Colony Capital Digital Holdco Managing member 1 Jul 2019 50% - 75% 84-2429831

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Marc Christopher Ganzi Member 1 Oct 2013 25% - 50% 6881359
Benjamin Johnson Jenkins Member 1 Jan 2014 25% - 50% 2378809
Llc Colony Capital Investment Holdco Owner, colony capital investment advisors, llc 1 Apr 2015 75% - 100% 47-3464516
Llc Colony Capital Op Subsidiary Owner, colony capital investment holdco, llc 1 Apr 2015 75% - 100% 37-1779288
Llc Colony Capital Operating Company Owner, colony capital op subsidiary, llc 1 Apr 2015 75% - 100% 45-2443407
Inc. Colony Northstar Owner, colony capital operating company, llc 1 Jan 2017 75% - 100% 27-0419483
Inc. Colony Capital Owner, colony capital operating company, llc 1 Jan 2017 75% - 100% 46-4591526
Llc Digital Bridge Holdings Member 1 Sep 2017 50% - 75% 46-3799153
Llc Colony Capital Investment Advisors Owner, colony dc manager, llc 1 Feb 2018 75% - 100% 175506

Based in Los Angeles

The principal office where Digital Colony Management LLC performs its advisory services is located at 515 South Flower Street, Los Angeles, CA 90071, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-282-8820 or by fax 310-460-7956. The normal business hours are 7:00am to 7:00pm on Monday - Friday.