Acon Investments Management L.L.C. (Washington)

Name: Acon Investments Management L.L.C.
Address: 1133 Connecticut Ave, Nw, Washington, DC, 20036
Telephone: 202-454-1100

Acon Investments Management L.L.C. is a related adviser based in Washington. It manages $32.53 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of District of Columbia.

Acon Investments Management L.L.C 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.

Acon Investments Management L.L.C: assets under management

The assets under management (AUM) of Acon Investments Management L.L.C. is $32.53 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 355% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $32.53 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.84 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Acon Investments Management L.L.C. for their services and products based on a percentage of assets under management. 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 Acon Investments Management L.L.C serves?

The only and largest group of clients of Acon Investments Management L.L.C is pooled investment vehicles with 3 clients and $32.53 million of assets under management. Among the 1 most similar advisory firms, Acon Investments Management L.L.C has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $32.53 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Acon Investments Management L.L.C also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Acon Investments Management L.L.C.

The company employs 25 people that are either part- or full-time employees. 64 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bernard Aronson	Managing member	1 Oct 2008	25% - 50%	5907220
Jonathan Ginns	Managing member	1 Oct 2008	25% - 50%	5907218
Kenneth Ross Brotman	Managing member	1 Oct 2008	25% - 50%	1936904
Barry Edwin Johnson	Cfo	1 Oct 2008	Other	4677654
Teresa Young Bernstein	Cco, clo	1 Jul 2013	Other	6029501
Kwame Akini Lewis	Acting cfo	1 Dec 2016	Other	6776597
Kwame Akini Lewis	Cfo	1 Jan 2018	Other	6776597

Based in Washington

The principal office where Acon Investments Management L.L.C. performs its advisory services is located at 1133 Connecticut Ave, Nw, Washington, DC 20036, 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 202-454-1100 or by fax 202-454-1101. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at aconinvestments.com.