10 Th Mountain, LLC (Galena)

10 Th Mountain, LLC is a large advisory firm based in Galena. It manages $195.61 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Ohio.

10 Th Mountain provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

10 Th Mountain: assets under management

The assets under management (AUM) of 10 Th Mountain, LLC is $195.61 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $195.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.56 million each.

Investments

The firm invests in exchange traded securities the most. They account for 34% of the total AUM. The second-largest asset type is investment and business development companies, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 10 Th Mountain, 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 10 Th Mountain serves?

The only and largest group of clients of 10 Th Mountain is high net worth individuals with 7 clients and $44.09 million of assets under management. Among the 10 most similar advisory firms, 10 Th Mountain has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $44.09 million for 7 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.

10 Th Mountain doesn't advise any private funds.

Careers at 10 Th Mountain, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tomislav Branko Mitevski	President and chief compliance officer	1 Nov 2016	75% - 100%	5690440

Based in Galena

The principal office where 10 Th Mountain, LLC performs its advisory services is located at 6701 Red Bank Rd, Galena, OH 43021, 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 614-893-8715 or by fax NONE. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.