Resolution Recovery Partners Manager, LLC

CRD#161441
Investment Advisor Firm

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Learn more about Resolution Recovery Partners Manager, LLC

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

    Resolution Recovery Partners Manager, LLC operates as an advisory company located in New York, New York. The firm handles $7.4 million in assets across one account. Resolution Recovery Partners Manager, LLC has a small team, including 2 financial advisors. Resolution Recovery Partners Manager, LLC does not act as a registered broker-dealer, signifying that it is not able to buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer company to do so. Securities are defined as exchangable financial assets like stocks, bonds and options.

    Resolution Recovery Partners Manager, LLC administers all of the firm's client assets in a discretionary manner. Discretionary management is a structure in which buy and sell judgments are made by a portfolio manager without needing to seek the customer's approval. The firm oversees an average of $7.4 million in assets for every customer account. The typical financial advisor at Resolution Recovery Partners Manager, LLC oversees fewer than one client account, making it one of the most individualized advisor firms in the country.

    The company's main office is at 110 East 59Th Street, New York, New York 10022. The company is permitted to provide services to investors in the state of New York.

    Assets Under Management

    $7.4 million

    Number of Advisors

    2

    Disclosures

    No

    Office Location

    110 East 59Th Street
    New York, NY 10022

    Resolution Recovery Partners Manager, LLC by the Numbers

    Total Assets Under Management

    $7.4 million

    National Average: $8.6 billion
    Total Number of Employees

    2

    National Average: 64
    Total Number of Accounts

    1

    National Average: 375,227
    Average Account Size

    $7.4 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees charged by financial advisors largely are based on which services the firm provides the client. Fees billed by Resolution Recovery Partners Manager, LLC typically consist of the following fee type: asset-based. The firm does not supply a wrap fee program, in which the company offers a bundle of services for a comprehensive 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.

    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 26% of firms that offer this fee type

      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.

    • 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

    The firm provides services to pooled investment vehicles. Resolution Recovery Partners Manager, LLC's largest client group by number of accounts is pooled investment vehicles. 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

    Resolution Recovery Partners Manager, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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