Sound Mark Partners, LLC (Greenwich)

Sound Mark Partners 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.

Sound Mark Partners: assets under management

The assets under management (AUM) of Sound Mark Partners, LLC is $322.62 million. The firm's AUM has grown by 61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $247.9 million in discretionary accounts and $74.72 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $247.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $74.72 million.

Sound Mark Partners has custody of $247.9 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

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 Sound Mark Partners, 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 Sound Mark Partners serves?

The only and largest group of clients of Sound Mark Partners is pooled investment vehicles with 1 clients and $247.9 million of assets under management. Among the 11 most similar advisory firms, Sound Mark Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $247.9 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Sound Mark Partners also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Sound Mark Partners, LLC

The company employs 5 people that are either part- or full-time employees. 100 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

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Greenwich

The principal office where Sound Mark Partners, LLC performs its advisory services is located at 12 Havemeyer Place, 3 Rd Floor, Greenwich, CT 06830 6527, 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 203-413-4280 or by fax 312-862-2200. 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 soundmarkpartners.com.

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