Clinton Group, Inc (New York)

Name: Clinton Group, Inc
Address: 510 Madison Avenue, New York, NY, 10022
Telephone: 212-825-0400

Clinton Group, Inc is a large advisory firm based in New York. It manages $592.54 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2001.

Clinton Group 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.

Clinton Group: assets under management

The assets under management (AUM) of Clinton Group, Inc is $592.54 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -96% since the beginning of its operation, and $579.39 million of the total AUM is attributable to clients outside of the United States.

The firm manages $592.54 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.87 million each.

Clinton Group has custody of $176.72 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 42% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Clinton Group, Inc 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.

What kind of clients George Estes Hall serves?

The only and largest group of clients of George Estes Hall is pooled investment vehicles with 8 clients and $176.72 million of assets under management. Among the 11 most similar advisory firms, Clinton Group has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $176.72 million for 8 clients. 82% of the firm’s clients are foreign persons or businesses.

Clinton Group also advises several private funds. Namely, three hedge funds and three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $23,000,000.

Careers at Clinton Group, Inc

The company employs 9 people that are either part- or full-time employees. 67 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.

George Estes Hall has been acting as President since 1 Aug 1991. Inc Clinton Group joined the executive team most recently as the Sole Owner, Clinton Union League Llc.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Estes Hall	Ceo/president/director	1 Aug 1991	Other	1488952
Theodore S Petroulas	Executive vice president	1 Aug 1991	Other	1782912
John Lawrence Hall	Secretary/director	1 May 1995	Other	1534018
Wendy Rapp Ruberti	Clo, cco	1 Apr 1998	Other	4334529
Inc. Cgi Holdings	Sole owner	1 May 1999	75% - 100%	13-4061644
Co. Clinton Group Equity	Sole owner	1 Dec 2001	75% - 100%	13-4201440
Madison Avenue Capital Holdings Inc.	Sole owner	1 Dec 2001	75% - 100%	13-4201440
Hani Khalil Findakly	Non-executive director	1 Aug 2002	Other	1577334
Francis Ruchalski	Cfo/director	1 Dec 2002	Other	4505080
Michael Alphonse Vacca	Director/coo	1 Oct 2004	Other	819122
John Breaux	Non-executive director	1 Nov 2005	Other	5116121
David Barry Spring	Chief operations officer	1 Jun 2007	Other	2135822
Vincent Anthony Darpino	Chief compliance officer	1 Mar 2009	Other	1551042
Nader Behbehani	Chief compliance officer	1 Dec 2010	Other	1771304
Gregory Phillip Taxin	President	1 Jun 2013	Other	2935761
Inc Clinton Group	Sole owner, clinton union league llc	1 Dec 2015	75% - 100%	106253

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
George Estes Hall	President	1 May 1999	75% - 100%	1488952
Inc. Cgi Holdings	Shareholder	1 Dec 2001	75% - 100%	13-4061644
Clinton Group Equity Co	Sole member	1 Dec 2015	75% - 100%	13-4201440
Madison Avenue Capital Holdings Inc.	Sole member	1 Dec 2015	75% - 100%	13-4201440

Based in New York

The principal office where Clinton Group, Inc performs its advisory services is located at 510 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Tinton Falls, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-825-0400 or by fax 212-377-4181. The normal business hours are 8 a.m. - 6 p.m. on Monday - Friday. You can find more information about the New York firm at clinton.com/cgi-bin/home.pl.