Benchmark Plus Management, LLC is a large advisory firm based in Tacoma. It manages $680.37 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Washington.
Benchmark Plus Management 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.
The assets under management (AUM) of Benchmark Plus Management, LLC is $680.37 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and $430.3 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Benchmark Plus 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.
The only and largest group of clients of Benchmark Plus Management is pooled investment vehicles with 10 clients and $680.37 million of assets under management. Among the 6 most similar advisory firms, Benchmark Plus Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $680.37 million for 10 clients. 63% of the firm’s clients are foreign persons or businesses.
Benchmark Plus Management also advises several private funds. Namely, ten hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.
The company employs 9 people that are either part- or full-time employees. 56 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.
The principal office where Benchmark Plus Management, LLC performs its advisory services is located at 820 A Street, Tacoma, WA 98402, 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 253-573-0657 or by fax 253-396-9066. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at bpfunds.com.