Metropolitan Equity Partners LLC (New York)

Name: Metropolitan Equity Partners LLC
Address: 70 East 55 Th Street, New York, NY, 10022
Telephone: 212-561-1250

Metropolitan Equity Partners LLC is a large advisory firm based in New York. It manages $282.71 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2014.

Metropolitan Equity Partners provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and due diligence services, please see miscellaneouse section of schedule d. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Metropolitan Equity Partners: assets under management

The assets under management (AUM) of Metropolitan Equity Partners LLC is $282.71 million. The firm's AUM has grown by 200% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130 million in discretionary accounts and $152.71 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.57 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.91 million.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Metropolitan Equity Partners LLC for their services and products based on a percentage of assets under management and 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.

What kind of clients Metropolitan Equity Partners serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Metropolitan Equity Partners is pooled investment vehicles with 8 clients and $156 million of assets under management. Among the 7 most similar advisory firms, Metropolitan Equity Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $268.09 million for 20 clients. None of the firm’s clients are foreign persons or businesses.

Metropolitan Equity Partners also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Metropolitan Equity Partners LLC

The company employs 13 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Kenneth Lisiak	Managing member	1 Oct 2007	50% - 75%	2878506
Adrian Graham Blumfield	Managing member	1 Oct 2007	25% - 50%	4409698
Jh Portfolio Debt Equities Llc	Member	1 May 2014	Other	20-4688091
Eric Daniel Chasser	Chief financial officer, chief compliance officer	1 Jul 2016	Other	4536135

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Douglas Chris Jacobsen	Member	1 May 2009	75% - 100%	6346053
Douglas Chris Jacobson	Member	1 May 2009	75% - 100%	6346053

Based in New York

The principal office where Metropolitan Equity Partners LLC performs its advisory services is located at 70 East 55 Th Street, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-561-1250 or by fax 917-591-4289. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at metpg.com.