Central Square Management LLC (Naperville)

Central Square Management LLC is an adviser based in Naperville. It manages $87.47 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Illinois.

Central Square 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.

Central Square Management: assets under management

The assets under management (AUM) of Central Square Management LLC is $87.47 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $87.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $29.16 million each.

Central Square Management has custody of $87.11 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Central Square 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 Central Square Management serves?

The only and largest group of clients of Central Square Management is pooled investment vehicles with 3 clients and $87.47 million of assets under management. Among the 3 most similar advisory firms, Central Square Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $87.47 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Central Square Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Central Square Management LLC

The company employs 2 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 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
Kelly Shurman Cardwell	Portfolio manager / chief compliance officer	1 Apr 2007	75% - 100%	2698907
Bradley H Bailey	Chief financial officer / chief compliance officer	1 Aug 2011	Other	4741056
Parul M Patel	Chief financial officer / chief compliance officer	1 Aug 2015	Other	6626720

Based in Naperville

The principal office where Central Square Management LLC performs its advisory services is located at 1813 N Mill Street, Naperville, IL 60563 4872, 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 630-210-8924 or by fax 630-210-8927. The normal business hours are 8:00 a.m - 5:00 p.m. on Monday - Friday.