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Central Park Para Management, LLC (New York)


Central Park Para Management, LLC is a large advisory firm based in New York. It manages $80.62 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2007.

Central Park Para Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and pension consulting services. 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 Park Para Management: assets under management

The assets under management (AUM) of Central Park Para Management, LLC is $80.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 551% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $80.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $80.62 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Central Park Para Management, LLC for their services and products based on 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.

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nedim Sadaka Shareholder 1 Aug 1993 75% - 100% 1033604
Para Advisors Inc Managing member 1 Jan 2006 50% - 75% 13-3729792
Inc Para Advisors Member 1 Jan 2006 50% - 75% 13-3729792
Nedim Sadaka Manager 1 Jan 2006 Other 1033604
Steven Guterman Elected manager 1 May 2006 Other 1832827
Llc Central Park Group Owner & managing member 1 Nov 2006 75% - 100% 20-4816629
Kenneth Coleman Whitney Elected manager 1 Dec 2006 Other 1866026
Andrew Mark Fishman Elected manager 1 Dec 2006 Other 2172475
James Benjamin Hawkes Elected manager 1 May 2008 Other 1788327
Edward Eliphalet Potter Elected manager 1 Jan 2010 Other 1542054

Based in New York

The principal office where Central Park Para Management, LLC performs its advisory services is located at 805 Third Avenue, 18 Th Floor, New York, NY 10022, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-317-9200 or by fax 212-813-1543. The normal business hours are 8:30 am - 6:00 pm on Monday - Friday.


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