Metropolitan Partners Group Management, LLC (New York)

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

Metropolitan Partners Group Management, LLC is a large advisory firm based in New York. It manages $322.5 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2018.

Metropolitan Partners Group Management 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 Partners Group Management: assets under management

The assets under management (AUM) of Metropolitan Partners Group Management, LLC is $322.5 million. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $255.59 million in discretionary accounts and $66.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.43 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 Partners Group Management, LLC for their services and products based on a percentage of assets under management and performance-based 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 John Ioannou serves?

The only and largest group of clients of John Ioannou is pooled investment vehicles with 10 clients and $269.17 million of assets under management. Among the 10 most similar advisory firms, Metropolitan Partners Group Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $269.17 million for 10 clients. None of the firm’s clients are foreign persons or businesses.

Metropolitan Partners Group Management also advises several private funds. Namely, nine private equity funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.

Careers at Metropolitan Partners Group Management, LLC

The company employs 16 people that are either part- or full-time employees. 88 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.

John Ioannou has been acting as President since 1 Sep 2017. Pkl Holdings joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Kenneth Lisiak	Managing partner	1 Oct 2007	Other	2878506
Adrian Graham Blumfield	Managing member	1 Oct 2007	Other	4409698
Jh Portfolio Debt Equities	Member	1 May 2014	Other	20-4688091
Eric Daniel Chasser	Chief financial officer, chief compliance officer	1 Jul 2016	Other	4536135
John Ioannou	President	1 Sep 2017	Other	6932445
Pkl Holdings	Member	1 Dec 2017	75% - 100%	82-3383090

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
Paul Kenneth Lisiak	Member	1 Nov 2017	75% - 100%	2878506

Based in New York

The principal office where Metropolitan Partners Group Management, 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 linkedin.com/company/1435567/.