Silver Point Specialty Credit Fund Management, LLC

CRD#317225
Investment Advisor Firm

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Learn more about Silver Point Specialty Credit Fund Management, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Overview

    Silver Point Specialty Credit Fund Management, LLC is a financial advisor firm headquartered in Greenwich, Connecticut. The company administers $1.0 billion in assets throughout one customer account, making it one of the larger investment advisory firms in the country by assets under management (AUM). The company has a large group, including 81 financial advisors. Silver Point Specialty Credit Fund Management, LLC does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable financial assets like bonds, stocks and options.

    Silver Point Specialty Credit Fund Management, LLC administers all of its client assets in a discretionary manner. Discretionary management is a structure in which a portfolio manager makes buy and sell judgments for the client's account without needing the client's permission. The firm manages an average of $1.0 billion for every customer account. An average financial advisor at Silver Point Specialty Credit Fund Management, LLC manages fewer than one client account, making it one of the most personalized financial advisor firms in the country.

    The firm's headquarters is at Two Greenwich Plaza, First Floor, Greenwich, Connecticut 06830-6353. Silver Point Specialty Credit Fund Management, LLC is registered to provide services to customers throughout a few states, including California, Connecticut and Illinois.

    Assets Under Management

    $1.0 billion

    Number of Advisors

    81

    Disclosures

    No

    Office Location

    Two Greenwich Plaza, First Floor
    Greenwich, CT 06830-6353

    Silver Point Specialty Credit Fund Management, LLC by the Numbers

    Total Assets Under Management

    $1.0 billion

    National Average: $8.6 billion
    Total Number of Employees

    235

    National Average: 64
    Total Number of Accounts

    1

    National Average: 375,227
    Average Account Size

    $1.0 billion

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees typically vary depending on which services are offered. Fee types billed by Silver Point Specialty Credit Fund Management, LLC most likely are comprised of the following fee structures: asset-based or performance-based. The company does not supply a wrap fee program, in which the company offers a bundle of services for a single fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    It works with business development companies. Silver Point Specialty Credit Fund Management, LLC's biggest client type by number of accounts is business development companies. None of the firm's accounts are represented by people from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Silver Point Specialty Credit Fund Management, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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