Sumit Capital LLC is a mid-sized advisory firm based in New York. It manages $47.8 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012.
Sumit Capital provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sumit Capital LLC is $47.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Sumit Capital LLC 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.
Chinyu Huangsarkar has been acting as President since 1 Feb 2011. John Joseph Rebuth joined the executive team most recently as the Cco.
The principal office where Sumit Capital LLC performs its advisory services is located at 720 Fifth Avenue, New York, NY 10019, 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 212-888-7797 or by fax 646-490-4074. The normal business hours are 9:00am-5:00pm on Monday - Friday.