Credit Capital Investments, LLC (Short Hills)

Name: Credit Capital Investments, LLC
Address: 150 John F. Kennedy Parkway, Short Hills, NJ, 07078 2703
Telephone: 973-315-3000

Credit Capital Investments, LLC is a large advisory firm based in Short Hills. It manages $186.83 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2012.

Credit Capital Investments 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.

Credit Capital Investments: assets under management

The assets under management (AUM) of Credit Capital Investments, LLC is $186.83 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and $82.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $186.83 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $16.98 million each.

Investments

The firm invests in exchange traded securities the most. They account for 37% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 29% of the firm’s portfolio. Investments in other assets form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Credit Capital Investments, 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 Credit Capital Investments serves?

The firm provides services to investment companies, high net worth individuals, pooled investment vehicles, and banking or thrift institutions. The largest group of clients of Credit Capital Investments is pooled investment vehicles with 5 clients and $152.56 million of assets under management. Among the 7 most similar advisory firms, Credit Capital Investments has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $186.83 million for 11 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 55% of the firm’s clients are foreign persons or businesses.

Credit Capital Investments also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $500,000.

Careers at Credit Capital Investments, LLC

The company employs 9 people that are either part- or full-time employees. 78 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 2 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
Varkki P Chacko	Ceo and cio	1 Dec 2006	75% - 100%	1790214
Robert Francis Murray	Principal	1 May 2008	Other	6029721
Elliot Mark Alchek	Principal	1 Aug 2010	Other	1232309
Joseph Pirrello	Cfo, cco	1 Jan 2011	Other	6029904
Suhas Laxman Ketkar	Principal	1 Jun 2011	Other	2567652
John Maloney Coyle	Coo and principal	1 May 2015	Other	2079056

Based in Short Hills

The principal office where Credit Capital Investments, LLC performs its advisory services is located at 150 John F. Kennedy Parkway, Short Hills, NJ 07078 2703, 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 973-315-3000 or by fax 973-315-3015. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at creditci.com and its LinkedIn profile.