Guggenheim Real Estate LLC (Denver)

Name: Guggenheim Real Estate LLC
Address: 1099 18 Th Street, Denver, CO, 80202
Telephone: 303-986-2222

Guggenheim Real Estate LLC is a large advisory firm based in Denver. It manages $1.41 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of North Carolina.

Guggenheim Real Estate provides portfolio management for pooled investment vehicles 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.

Guggenheim Real Estate: assets under management

The assets under management (AUM) of Guggenheim Real Estate LLC is $1.41 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6757% since the beginning of its operation, and $13.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.41 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $200.82 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Guggenheim Real Estate 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 Guggenheim Real Estate serves?

The only and largest group of clients of Guggenheim Real Estate is pooled investment vehicles with 7 clients and $1.41 billion of assets under management. Among the 13 most similar advisory firms, Guggenheim Real Estate has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.41 billion for 7 clients. 14% of the firm’s clients are foreign persons or businesses.

Guggenheim Real Estate also advises several private funds. Namely, four hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Guggenheim Real Estate LLC

The company employs 18 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 compensates 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
Michael D Della Fera	Chief financial officer	1 Jan 2002	Other	4515600
Inc. Guggenheim Manager	Member	1 Jan 2002	Other	36-4406374
Llc The Guggenheim Group	Managing member	1 Jan 2002	50% - 75%	36-4358656
Guggenheim Real Estate Partners L.P.	Member	1 Jan 2002	25% - 50%	22-3845745
Michael E Miles	Managing principal	1 Jan 2002	Other	4515599
Mike E. Miles	Managing principal	1 Jan 2002	Other	4515599
Llc Guggenheim Capital	Managing member	1 Jan 2002	50% - 75%	36-4358656
Kenneth Adam Nick	Chief compliance officer	1 Oct 2004	Other	4830797
Llc Guggenheim Partners	Managing member	1 Oct 2005	50% - 75%	20-3571204
Llc Gpft Holdco	Member	1 Mar 2007	75% - 100%	20-8735034
Theresa Apruzzese	Chief compliance officer	1 Oct 2007	Other	2556989
Theresa Apruzzese Days	Chief compliance officer	1 Oct 2007	Other	2556989
William Michael Stevens	Managing principal	1 May 2009	Other	4197933
Joseph Paul Mahoney	Managing principal	1 Mar 2013	Other	2440512
Arik Hirschfeld	Chief compliance officer	1 Aug 2018	Other	5130422

Indirect Owners

The SEC currently registers 18 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Sammons Enterprises	Shareholder	1 Oct 1986	75% - 100%	75-6027423
Llc Guggenheim Capital	Member	1 Nov 2000	75% - 100%	36-4358656
Trustee Greatbanc Trust Company	Trustee	1 Dec 2004	Other	36-3681493
Llc Guggenheim Capital	Member	1 Oct 2005	75% - 100%	36-4358656
Llc Mike Miles Enterprises	General partner	1 Jan 2006	25% - 50%	xxx-xx-xxxx
Mike E. Miles	Sole owner	1 Jan 2006	75% - 100%	4515599
Llc Gp Holdco	Member	1 Mar 2007	75% - 100%	20-8734966
Llc Guggenheim Partners	Member	1 Mar 2007	75% - 100%	20-3571204
Inc. Guggenheim Manager	Managing member	1 Oct 2007	Other	36-4406374
Inc. Sage Assets	Shareholder	1 Dec 2008	25% - 50%	26-3960584
Inc. Sammons Enterprises	Shareholder	1 Dec 2008	75% - 100%	75-6027423
Inc. Consolidated Investment Services	Shareholder	1 Dec 2008	75% - 100%	88-0214301
Llc Wms Guggenheim Holdings	General partner	1 May 2009	Other	26-4474374
Trustee Greatbanc Trust Company	Trustee	1 Jan 2010	Other	75-0864422
Inc. Esot Sammons Enterprises	Shareholder	1 Jan 2010	75% - 100%	30-6332515
Inc. Esot Sammons Enterprises	Shareholder	1 Mar 2010	75% - 100%	75-0864422
Inc. Consolidated Investment Services	Shareholder	1 Jul 2011	75% - 100%	88-0214301
Inc. Sammons Equity Alliance	Shareholder	1 Jul 2011	75% - 100%	45-2838232

Based in Denver

The principal office where Guggenheim Real Estate LLC performs its advisory services is located at 1099 18 Th Street, Denver, CO 80202, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-986-2222 or by fax 303-986-7990. The normal business hours are 8:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at guggenheimpartners.com.