Healthcare Royalty Management, LLC is a large advisory firm based in Stamford. It manages $2.53 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Connecticut, and Massachusetts.
Healthcare Royalty Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Healthcare Royalty Management, LLC is $2.53 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Healthcare Royalty Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Healthcare Royalty Management is pooled investment vehicles with 13 clients and $2.53 billion of assets under management. Among the 8 most similar advisory firms, Healthcare Royalty Management has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.53 billion for 13 clients. None of the firm’s clients are foreign persons or businesses.
Healthcare Royalty Management also advises several private funds. Namely, eight private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.
The company employs 20 people that are either part- or full-time employees. 75 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.
The principal office where Healthcare Royalty Management, LLC performs its advisory services is located at 300 Atlantic Street, Stamford, CT 06901, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-388-9080 or by fax 646-562-1293. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at cowenroyalty.com.