A.P. Management Company, LLC (New York)

Name: A.P. Management Company, LLC
Address: 450 Park Avenue, New York, NY, 10022
Telephone: 212-201-0500

A.P. Management Company, LLC is a large advisory firm based in New York. It manages $173.44 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

A.P. Management Company provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

A.P. Management Company: assets under management

The assets under management (AUM) of A.P. Management Company, LLC is $173.44 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -79% since the beginning of its operation, and $84.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $173.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.68 million each.

A.P. Management Company has custody of $1.44 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay A.P. Management Company, 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 Joseph Stanley Pignatelli serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Joseph Stanley Pignatelli is pooled investment vehicles with 7 clients and $172.77 million of assets under management. Among the 6 most similar advisory firms, A.P. Management Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $173.44 million for 8 clients. 38% of the firm’s clients are foreign persons or businesses.

A.P. Management Company also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at A.P. Management Company, LLC

The company employs 4 people that are either part- or full-time employees. 25 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.

Joseph Stanley Pignatelli has been acting as President since 1 Jul 2001. Mark Powers Smith joined the executive team most recently as the Deputy Portfolio Manager/Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfred James Shuman	Principal/chief executive officer/member	1 May 1996	25% - 50%	422994
Stephanie Jane Shuman	Member	1 May 1996	25% - 50%	4952550
Andrew Jay Small	Chief financial officer	1 May 1996	Other	1750579
Stephanie J Shuman	Member	1 May 1996	Other	4952550
Andrew J Small	Chief financial officer	1 May 1996	Other	1750579
Joseph Stanley Pignatelli	President/member	1 Jul 2001	Other	1205995
Maxce Llc	Member	1 Jan 2005	Other	22-3705982
David Raymond Parker	Chief operating officer/member	1 Jan 2005	Other	4952558
Stanley S. Shuman Revocable Trust	Member	1 Jan 2005	Other	xxx-xx-xxxx
Stanley Saxe Shuman	Member	1 Jan 2005	Other	423010
Richard B Nye	Member	1 Jan 2005	Other	2172693
David R Parker	Chief operating officer/chief compliance officer	1 Jan 2005	Other	4952558
Richard Barry Nye	Member	1 Jan 2005	Other	2172693
The Stephanie Shuman 2005 Grat Trust U/A Dtd 11/01/2005	Member	1 Nov 2005	Other	xxx-xx-xxxx
Steven Kotler	Member	1 Jan 2006	Other	274344
Steven (Nmn) Kotler	Member	1 Jan 2006	Other	274344
L.P. Kotler Family Partnership	Member	1 Dec 2007	Other	26-1663909
John Calvert Marshall	Member	1 Jan 2010	Other	1050095
Alfred J. Shuman 2010 Grat	Member	1 Jul 2010	Other	35-6858671
The Abby Shuman 2005 Remainder Trust	Member	1 Nov 2010	Other	35-6876035
Colin Mccabe 2010 Remainder Trust	Member	1 Jan 2011	Other	35-6858663
Richard B Nye Revocable Trust Agreement #2	Member	1 Jan 2012	Other	99-9999999
Rinarisa Coronel Defronze	Chief compliance officer/general counsel	1 May 2013	Other	6193629
Baker Nye Advisers Inc.	Member	1 Jun 2014	Other	13-3327906
Mark Powers Smith	Deputy portfolio manager/member	1 Jul 2015	Other	3083267

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stanley Saxe Shuman	Managing member	1 Jan 2002	50% - 75%	423010
Sydney Roberts Shuman	Managing member	1 Jan 2002	50% - 75%	4953484
Sydney Shuman	Managing member	1 Jan 2002	50% - 75%	4953484
Alfred James Shuman	Trustee	1 Nov 2005	Other	422994
Stephanie Jane Shuman	Beneficial owner	1 Nov 2005	75% - 100%	4952550
Steven Kotler	Limited partner	1 Dec 2007	75% - 100%	274344
Carolyn Miller Kotler	General partner	1 Dec 2007	Other	5785726
Steven (Nmn) Kotler	Limited partner	1 Dec 2007	75% - 100%	274344
Stanley Saxe Shuman	Trustee and beneficiary	1 May 2009	75% - 100%	423010
Stephanie Jane Shuman	Trustee	1 Jun 2010	Other	4952550
Alfred James Shuman	Trustee	1 Jul 2010	75% - 100%	422994
Richard Barry Nye	Trustee	1 Jan 2012	75% - 100%	2172693
Rbn Trust	Sole shareholder	1 Jun 2014	75% - 100%	99-9999999
Richard Barry Nye	Trustee	1 Jun 2014	75% - 100%	2172693

Based in New York

The principal office where A.P. Management Company, LLC performs its advisory services is located at 450 Park Avenue, 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 212-201-0500 or by fax 212-661-9009. The normal business hours are 8:30 a.m. - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at archstonepartners.com.