Kpc Terrapin Group LLC (New York)


Kpc Terrapin Group LLC is a large advisory firm based in New York. It manages $95.84 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2016.

Kpc Terrapin Group provides portfolio management for individuals and small businesses 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.

Kpc Terrapin Group: assets under management

The assets under management (AUM) of Kpc Terrapin Group LLC is $95.84 million. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $6.68 million in discretionary accounts and $89.16 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $417.25 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.15 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is exchange traded securities, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kpc Terrapin Group LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kpc Terrapin Group serves?

The only and largest group of clients of Kpc Terrapin Group is high net worth individuals with 18 clients and $42.05 million of assets under management. Among the 5 most similar advisory firms, Kpc Terrapin Group has the 2nd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $42.05 million for 18 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Kpc Terrapin Group also advises several private funds.

Careers at Kpc Terrapin Group LLC

The company employs 2 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’s a single person 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
Dean Rubino Manager, cco 1 Oct 2016 50% - 75% 4795765
Llc Haven Ventures Member 1 Oct 2016 Other 81-3198352
75 Prospect Partners Llc Member 1 Oct 2016 Other 27-4185037
I&F America Inc. Member 1 Nov 2016 Other 00-0000000

Based in New York

The principal office where Kpc Terrapin Group LLC performs its advisory services is located at 757 Third Avenue, New York, NY 10017, 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) 710-4111. The normal business hours are 9:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at kellyparkcapital.com.