Beryl Capital Management, LLC (Redondo Beach)

Name: Beryl Capital Management, LLC
Address: 1611 S. Catalina Avenue, Redondo Beach, CA, 90277
Telephone: (917) 523-6383

Beryl Capital Management, LLC is a large advisory firm based in Redondo Beach. It manages $606.79 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of California.

Beryl Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Beryl Capital Management: assets under management

The assets under management (AUM) of Beryl Capital Management, LLC is $606.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 384% since the beginning of its operation, and $96.68 million of the total AUM is attributable to clients outside of the United States.

The firm manages $606.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.68 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is derivatives, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beryl Capital Management, 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 Beryl Capital Management serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Beryl Capital Management is pooled investment vehicles with 4 clients and $364.83 million of assets under management. Among the 9 most similar advisory firms, Beryl Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $606.79 million for 13 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 10% of the firm’s clients are foreign persons or businesses.

Beryl Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Beryl Capital Management, LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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
David Alexander Witkin	Member, manager, ceo and cio	1 Dec 2013	75% - 100%	4443572
Andrew Paul Nelson	Chief operating officer and chief compliance officer	1 Nov 2016	Other	5657501

Based in Redondo Beach

The principal office where Beryl Capital Management, LLC performs its advisory services is located at 1611 S. Catalina Avenue, Redondo Beach, CA 90277, 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 (917) 523-6383. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at linkedin.com/company/beryl-capital-management-llc.