Soundwatch Capital, LLC (New York)

Name: Soundwatch Capital, LLC
Address: 485 Madison Avenue 7 Th Floor, New York, NY, 10022
Telephone: 646-442-9650

Soundwatch Capital, LLC is a large advisory firm based in New York. It manages $103.29 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Connecticut and New York.

Soundwatch Capital provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Soundwatch Capital: assets under management

The assets under management (AUM) of Soundwatch Capital, LLC is $103.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 242% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $103.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $20.66 million each.

Investments

The firm invests in exchange traded securities the most. They account for 88% of the total AUM. The second-largest asset type is derivatives, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Soundwatch Capital, LLC for their services and products based on a percentage of assets under management. 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 Soundwatch Capital serves?

The firm provides services to investment companies and high net worth individuals. The largest group of clients of Soundwatch Capital is investment companies with 1 clients and $93.2 million of assets under management. Among the 5 most similar advisory firms, Soundwatch Capital has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $103.29 million for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Soundwatch Capital doesn't advise any private funds.

Careers at Soundwatch Capital, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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

Name	Entity	Date acquired	Ownership	Employer ID
Robert Allen Hammer	Managing member / chief compliance officer	1 Sep 2014	75% - 100%	5736122
J. Bos B.V.	Managing member	1 Apr 2015	Other	98-1206131
Robert Thomas Brown	Managing member	1 Apr 2015	Other	3270344
Cory Michael Chmelka	Managing member	1 Apr 2015	25% - 50%	4159177
Matthew Anthony Marcello	Managing member	1 Jun 2015	Other	4418159
Brunswick Trust	Equity owner	1 Aug 2016	Other	xxx-xx-xxxx
J. Bos Llc	Managing member	1 Dec 2016	Other	81-3030905

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jan E Bos	Owner	1 Jun 2014	75% - 100%	6441743
Jan E Bos	Owner	1 Apr 2015	75% - 100%	6441743
Robert Thomas Brown	Trustee	1 Jul 2015	75% - 100%	3270344
Jan E Bos	Owner	1 Dec 2016	75% - 100%	6441743
J. Bos B.V.	Owner	1 Dec 2016	75% - 100%	foreign entity
Patrick Donohue	Trustee	1 Jun 2018	Other	6968395

Based in New York

The principal office where Soundwatch Capital, LLC performs its advisory services is located at 485 Madison Avenue 7 Th Floor, New York, NY 10022, 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 646-442-9650 or by fax 646-442-9665. 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 soundwatch.com.