Ares Commercial Real Estate Management LLC (Los Angeles)
Ares Commercial Real Estate Management LLC is a large advisory firm based in Los Angeles. It manages $2.43 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Delaware, Georgia, Maryland, and New York.
Ares Commercial Real Estate Management provides 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.
Ares Commercial Real Estate Management: assets under management
The assets under management (AUM) of Ares Commercial Real Estate Management LLC is $2.43 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 98% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Ares Commercial Real Estate Management LLC 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 Antony Peter Ressler serves?
The only and largest group of clients of Antony Peter Ressler is pooled investment vehicles with 3 clients and $2.43 billion of assets under management. Among the 10 most similar advisory firms, Ares Commercial Real Estate Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.43 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.
Ares Commercial Real Estate Management also advises several private funds. Namely, one hedge fund and one real estate fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
Careers at Ares Commercial Real Estate Management LLC
The company employs 38 people that are either part- or full-time employees. 66 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.
Antony Peter Ressler has been acting as President since 1 Jul 2011. Miriam Goldsmith Krieger joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 18 indirect owners.Based in Los Angeles
The principal office where Ares Commercial Real Estate Management LLC performs its advisory services is located at 2000 Avenue Of The Stars, Los Angeles, CA 90067 4733, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-201-4100. The normal business hours are 8am-5pm pacific time on Monday - Friday. You can find more information about the New York firm at aresmgmt.com.
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