Resource Capital Manager, Inc. (New York)


Resource Capital Manager, Inc. is a large advisory firm based in New York. It manages $1.61 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Pennsylvania.

Resource Capital Manager provides 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.

Resource Capital Manager: assets under management

The assets under management (AUM) of Resource Capital Manager, Inc. is $1.61 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.61 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.61 billion each.
Resource Capital Manager has custody of $1.61 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

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 Resource Capital Manager, Inc. 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 Matthew Jon Stern serves?

The only and largest group of clients of Matthew Jon Stern is corporations or other businesses with 1 clients and $1.61 billion of assets under management. Among the 7 most similar advisory firms, Resource Capital Manager has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $1.61 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Resource Capital Manager doesn't advise any private funds.

Careers at Resource Capital Manager, Inc.

The company employs 225 people that are either part- or full-time employees. 49 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.

Matthew Jon Stern has been acting as President since 1 Jun 2017. George Edward Carleton joined the executive team most recently as the Executive Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Thomas Charles Elliott Executive vice president 1 Jan 2005 Other 4885673
David John Bryant Senior vice president & chief financial officer 1 Jan 2005 Other 6713032
Llc Resource Financial Fund Management Sole shareholder 1 Jan 2005 75% - 100% 04-3686974
Brian Stephen Hawkins Vice president 1 Jan 2005 Other 2945829
Inc. Resource Financial Fund Management Sole shareholder 1 Jan 2005 75% - 100% 04-3686974
Robert Cross Lieber Chief executive officer 1 Sep 2016 Other 711138
Lawrence Steven Block Senior vice president, chief compliance officer & assistant secretary 1 Sep 2016 Other 3006613
Jeffrey Patrick Cohen Executive vice president & director 1 Sep 2016 Other 4054078
Frank Mcmurry Garrison Executive vice president & director 1 Sep 2016 Other 1044606
Darshan Vishnu Patel Svp, cco & secretary 1 Sep 2016 Other 4477767
George Edward Carleton Executive vice president 1 Jun 2017 Other 5908634
Paul Andrew Hughson Executive vice president 1 Jun 2017 Other 2847756
Matthew Jon Stern President 1 Jun 2017 Other 4554553
Alan Frank Feldman Executive vice president 1 Jun 2017 Other 3150292
Michele Robin Weisbaum Senior vice president & chief legal officer 1 Jun 2017 Other 5909480
James Andrew Aston Executive vice president 1 Jun 2017 Other 1680443
Eldron Charles Blackwell Vice president & chief accounting officer 1 Jun 2017 Other 6859985
Kevin Craig Donahue Executive vice president 1 Jun 2017 Other 6299989

Indirect Owners

The SEC currently registers 18 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Resource America Sole shareholder 1 Jan 2005 Other 72-0654145
Island Capital Group Llc Member 1 Oct 2009 75% - 100% 36-4525612
Island C Iii Directives Llc Member 1 Nov 2009 Other 27-1134955
Island C Iii Holdings Llc Member 1 Feb 2010 25% - 50% 27-0457936
Island C Iii Manager Llc Manager 1 Feb 2010 Other 27-1895025
Andrew Lawrence Farkas Member of board of managers 1 Feb 2010 Other 2364566
Jeffrey Patrick Cohen Member of board of managers 1 Feb 2010 Other 4054078
Frank Mcmurry Garrison Member of board of managers 1 Feb 2010 Other 1044606
Sidney Joseph Reisman Member of board of managers 1 Feb 2010 Other 5892645
Sidney B Reisman Member of board of managers 1 Feb 2010 Other 5892645
Anubis Advisors Llc Member 1 Mar 2010 75% - 100% 27-2019792
Island Capital Group Llc Member 1 Mar 2010 75% - 100% 36-4525612
Island C Iii Directives Ii Llc Managing member 1 May 2010 Other 27-2594582
Island Capital Group Llc Member 1 May 2010 75% - 100% 36-4525612
Island C Iii Holdings Ii Llc Member 1 May 2010 25% - 50% 27-2594913
Michael Gershon Jesselson Member of board of managers 1 May 2012 Other 1030833
Andrew Lawrence Farkas Member 1 Jul 2013 75% - 100% 2364566
C Iii Capital Partners Llc Sole shareholder 1 Sep 2016 75% - 100% 27-1892368

Based in New York

The principal office where Resource Capital Manager, Inc. performs its advisory services is located at 717 Fifth Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Philadelphia, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-506-3899 or by fax 212-245-6372. The normal business hours are 9 am - 6 pm on Monday - Friday. You can find more information about the New York firm at resourceamerica.com.