Kenmar Preferred Investments, LLC (New York)

Kenmar Preferred Investments, LLC is a mid-sized advisory firm based in New York. It manages $54.85 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015.

Kenmar Preferred Investments provides 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.

Kenmar Preferred Investments: assets under management

The assets under management (AUM) of Kenmar Preferred Investments, LLC is $54.85 million. The firm's AUM has grown by 64% since the beginning of its operation, and $35.14 million of the total AUM is attributable to clients outside of the United States.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kenmar Preferred Investments, 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.

What kind of clients James A Parrish serves?

The only and largest group of clients of James A Parrish is pooled investment vehicles with 2 clients and $54.85 million of assets under management. Among the 8 most similar advisory firms, Kenmar Preferred Investments has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $54.85 million for 2 clients. 64% of the firm’s clients are foreign persons or businesses.

Kenmar Preferred Investments doesn't advise any private funds.

Careers at Kenmar Preferred Investments, LLC

The company employs 4 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 are 3 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.

James A Parrish has been acting as President since 1 Mar 2014. Bustan Trust joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Andrew Shewer	Chairman & chief investment officer	1 Mar 2014	Other	2193290
David Konrad Spohr	Chief operating officer & chief compliance officer	1 Mar 2014	Other	1507667
Llc Kenmar Olympia	Owner	1 Mar 2014	75% - 100%	46-5209819
James A Parrish	President	1 Mar 2014	Other	6472810
James A Parrish	President & chief compliance officer	1 Nov 2015	Other	6472810

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
The Gowland Trust	Shareholder	1 Apr 2001	75% - 100%	foreign
Gal Investment Management Limited	Shareholder	1 Apr 2001	75% - 100%	foreign
Commonwealth Trust Company	Trustee	1 Sep 2011	Other	51-0009125
Community Bridge Corporation	Shareholder	1 Oct 2013	75% - 100%	foreign
Kay Industries	Shareholder	1 Oct 2013	75% - 100%	foreign
C Gaia Inc.	Member	1 Mar 2014	75% - 100%	32-0423584
Smp Partners	Trustee	1 Jul 2014	75% - 100%	foreign
Community Bridge Corporation	Shareholder	1 Jan 2016	75% - 100%	foreign
Eight Lights Investment Management Limited "A" Shares	Shareholder	1 Jan 2016	75% - 100%	foreign
Bustan Trust	Member	1 Dec 2017	75% - 100%	80-6216823

Based in New York

The principal office where Kenmar Preferred Investments, LLC performs its advisory services is located at 680 Fifth Avenue, New York, NY 10019 The mailing address of the firm is P.O. Box 5537, New York, NY 10185 5537. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-596-3480 or by fax 646-661-2443. The normal business hours are 9am to 5pm on Monday - Friday.