Small Enterprise Assistance Funds (Washington)

Name: Small Enterprise Assistance Funds
Address: 1500 K Street Nw, Washington, DC, 20005
Telephone: 202-737-8463

Small Enterprise Assistance Funds is a large advisory firm based in Washington. It manages $320.23 million of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of District of Columbia.

Small Enterprise Assistance Funds provides portfolio management for pooled investment vehicles and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as business development training and peer-to-peer lea.

Small Enterprise Assistance Funds: assets under management

The assets under management (AUM) of Small Enterprise Assistance Funds is $320.23 million. The firm's AUM has gone down by -23% since the beginning of its operation, and $297.1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $319.65 million in discretionary accounts and $576.53 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.76 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $576.53 thousand.

Small Enterprise Assistance Funds has custody of $320.23 million in cash and securities for 19 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Small Enterprise Assistance Funds for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Jose Guillermo Garcia Herz serves?

The only and largest group of clients of Jose Guillermo Garcia Herz is pooled investment vehicles with 19 clients and $320.23 million of assets under management. Among the 5 most similar advisory firms, Small Enterprise Assistance Funds has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $320.23 million for 19 clients. 68% of the firm’s clients are foreign persons or businesses.

Small Enterprise Assistance Funds also advises several private funds. Namely, nineteen private equity funds.

Careers at Small Enterprise Assistance Funds

The company employs 156 people that are either part- or full-time employees. 58 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.

Jose Guillermo Garcia Herz has been acting as President since 1 Nov 2005. Arthur David Pasternak joined the executive team most recently as the N/A.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Small Enterprise Assistance Funds	Owner (for all advisers with the exception of seaf india investment advisers private limited)	1 Feb 1989	75% - 100%	13-3535334
Michael Alan Levett	Director	1 Oct 1994	Other	6051521
Robert Donald Stillman	Director	1 Sep 1999	Other	1231273
Pierre Ubaldo Ferarri	Director	1 Nov 1999	Other	6051518
Mildred Osowski Callear	Executive vice president, chief compliance officer and director	1 Feb 2000	Other	6029435
Donald (Nmn) Lubreski	Chief financial officer and director	1 Sep 2002	Other	6029440
Small Enterprise Assistance Funds	Owner (for seaf india investment advisers private limited only)	1 Dec 2003	50% - 75%	13-3535334
Hemendra (Nmn) Mathur	Owner (for seaf india investment advisers private limited only) and director	1 Dec 2003	Other	6029935
Partha Pratim Choudhury	Owner (for seaf india investment advisers private limited only) and director	1 Dec 2003	Other	6029936
Arthur David Pasternak	Director	1 Feb 2004	Other	6051526
Gentiana (Nmn) Arovas	Chief operating officer and director	1 Apr 2005	Other	6029436
Jose Guillermo Garcia Herz	Director	1 Nov 2005	Other	6029317
Richard Craig Sheridan	Director	1 Jan 2006	Other	6029432
Hubertus Jan Van Der Vaart	Chairman and chief executive officer	1 May 2006	Other	6029455
Hector Manuel Cateriano Rondon	Director	1 Nov 2006	Other	6029320
Luis Cesar Montezuma Cardenas	Director	1 Jan 2008	Other	6029330
Richard Craig Sheridan	President, chief executive officer and director	1 Jun 2008	Other	6029432
Hemendra (Nmn) Mathur	Director	1 Oct 2008	Other	6029935
Partha Pratim Choudhury	Director	1 Oct 2008	Other	6029936
Mohammad Iqbal Dulloo	Director	1 Jun 2009	Other	6029941
Deven (Nmn) Coopoosamy	Director	1 Jun 2009	Other	6029943
Alessia Isabel Abello Galvis	Director	1 Nov 2010	Other	6029322
Rosa Elvira Velandia Marino	Director	1 Nov 2010	Other	6029328
Harry F (Mi Only) Schuster	Chief credit officer and director	1 Feb 2011	Other	6029442
Camila Sofia Lorca	Director	1 Sep 2012	Other	6270686
Javed Hamid	Director	1 Mar 2014	Other	6318510
Vipul Mankad	Director	1 Apr 2014	Other	6470892
Joana Taboada Vasquez	Director	1 Aug 2014	Other	6470889
Natalie Marie Fedors	Chief compliance officer	1 Sep 2014	Other	5106279
Richard Anthony Russell	Chief operating officer	1 Feb 2015	Other	6470883
Husayn Sassa	Director	1 Jul 2015	Other	6468895
Javed Hamid	Chairman of the board of directors	1 Nov 2015	Other	6318510
Robert Read Webster	Director	1 Nov 2015	Other	6773552
Robert Webster	Director	1 Nov 2015	Other	6773552
Katherine Rachel Lahnstein	General counsel and chief compliance officer	1 Dec 2015	Other	6589066
Arthur David Pasternak	N/a	1 Aug 2016	Other	6051526
David Lyle Mathewson	Director and president	1 Aug 2016	Other	3080985

Based in Washington

The principal office where Small Enterprise Assistance Funds performs its advisory services is located at 1500 K Street Nw, Washington, DC 20005, 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 202-737-8463 or by fax 202-737-5536. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at seaf.com and its LinkedIn profile.