Melody Capital Management LLC is a large advisory firm based in San Juan. It manages $1.87 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Connecticut, New York, and Puerto Rico.
Melody Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Melody Capital Management LLC is $1.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 18% since the beginning of its operation, and $778.52 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Melody Capital 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.
The only and largest group of clients of Melody Capital Management is pooled investment vehicles with 6 clients and $1.87 billion of assets under management. Among the 10 most similar advisory firms, Melody Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.87 billion for 6 clients. 33% of the firm’s clients are foreign persons or businesses.
Melody Capital Management also advises several private funds. Namely, three hedge funds and three private equity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $100,000,000.
The company employs 31 people that are either part- or full-time employees. 42 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.
The principal office where Melody Capital Management LLC performs its advisory services is located at El Caribe Office Building, San Juan, PR 00901, 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 2125838660 or by fax 2125838777. The normal business hours are 8am to 6pm on Monday - Friday. You can find more information about the New York firm at melody.com.