Sackville Bank Limited is an adviser based in Grand Cayman. It manages $647.22 million of regulatory assets for 69 client accounts. It has been registered with the SEC as an adviser since 2014.
Sackville Bank Limited provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Sackville Bank Limited is $647.22 million. The firm's AUM has grown by 709% since the beginning of its operation, and $553.42 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sackville Bank Limited for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Darren Stainrod is corporations or other businesses with 25 clients and $472.64 million of assets under management. Among the 8 most similar advisory firms, Sackville Bank Limited has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $614.04 million for 66 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 85% of the firm’s clients are foreign persons or businesses.
Sackville Bank Limited doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 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.
Darren Stainrod has been acting as President since 1 Jan 2014. Ita Bank And Trust Company Ltd. joined the executive team most recently as the Trustee.
The principal office where Sackville Bank Limited performs its advisory services is located at The Grand Pavilion, Grand Cayman, Ky1 1202 The mailing address of the firm is The Grand Pavilion, Grand Cayman, Ky1 1202. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 345-749-6100 or by fax 345-749-6150. The normal business hours are 9 am - 5 pm est on Monday - Friday. You can find more information about the New York firm at sackvillebank.com/.