Mariner Investment Group, LLC (Harrison)

Name: Mariner Investment Group, LLC
Address: 500 Mamaroneck Avenue, Harrison, NY, 10528
Telephone: 914-670-4300

Mariner Investment Group, LLC is a large advisory firm based in Harrison. It manages $77.73 billion of regulatory assets for 49 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Connecticut, New Jersey, New York, Pennsylvania, and Texas.

Mariner Investment Group provides portfolio management for pooled investment vehicles, 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.

Mariner Investment Group: assets under management

The assets under management (AUM) of Mariner Investment Group, LLC is $77.73 billion. The firm's AUM has grown by 666% since the beginning of its operation, and $75.91 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $77.71 billion in discretionary accounts and $20 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.62 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $20 million.

Mariner Investment Group has custody of $77.73 billion in cash and securities for 49 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 63% of the total AUM. The second-largest asset type is government bonds, which make up 20% of the firm’s portfolio. Investments in pooled investment vehicles form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mariner Investment Group, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients William Jeter Michaelcheck serves?

The only and largest group of clients of William Jeter Michaelcheck is pooled investment vehicles with 44 clients and $76.5 billion of assets under management. Among the 8 most similar advisory firms, Mariner Investment Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $76.5 billion for 44 clients. 65% of the firm’s clients are foreign persons or businesses.

Mariner Investment Group also advises several private funds. Namely, fifteen hedge funds, two other private funds, one private equity fund, and ten securitized asset funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $400,000,000.

Careers at Mariner Investment Group, LLC

The company employs 140 people that are either part- or full-time employees. 45 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 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

William Jeter Michaelcheck has been acting as President since 1 Jan 1992. Curtis Yates Arledge joined the executive team most recently as the Chairman & Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Jeter Michaelcheck	Chairman	1 Jan 1992	Other	1016386
Charles Raymond Howe	President	1 Sep 2002	Other	2687201
Peter Joseph O'rourke	General counsel	1 Apr 2003	Other	4629898
Russell A. Thompson	Chief compliance officer and deputy general counsel	1 Jul 2004	Other	4346591
Bracebridge Hemyng Young	Chief executive officer	1 Sep 2004	Other	1430102
Llc Mig Holdings	Corporate parent	1 Dec 2007	25% - 50%	01-0609956
John Kelty	Chief operating officer	1 Jan 2012	Other	6632314
Curtis Yates Arledge	Chairman & chief executive officer	1 Apr 2019	Other	1754736

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Orix Corporation	Majority shareholder	1 Aug 1981	75% - 100%	4346591
Orix Corporation Usa	Majority shareholder	1 Mar 1997	75% - 100%	4629898
William Jeter Michaelcheck	Chairman	1 Jan 2002	25% - 50%	1016386
Mariner Partners Inc.	Corporate parent / managing member	1 Dec 2007	75% - 100%	01-0609956
Llc Orix Am Holdings	Majority shareholder	1 Oct 2010	50% - 75%	27-3789338
Llc Orix Usa Asset Management	Majority shareholder	1 Oct 2010	75% - 100%	27-3789218
Orix Usa Corporation	Majority shareholder	1 Oct 2010	75% - 100%	13-3095268
Orix Corporation	Majority shareholder	1 Oct 2010	75% - 100%	13-2792249
Llc Orix Mariner Holdings	Majority shareholder	1 Oct 2010	50% - 75%	27-3789338
Llc Orix Global Asset Management	Majority shareholder	1 Oct 2010	75% - 100%	27-3789218
Orix Corporation Usa	Majority shareholder	1 Oct 2010	75% - 100%	13-3095268
Llc Orix Global Asset Management	Majority shareholder	1 Dec 2010	75% - 100%	20-3998374
Llc Orix Opco Holdings	Majority shareholder	1 Sep 2015	75% - 100%	75-2696071
Llc Orix Capital Markets	Majority shareholder	1 Sep 2015	75% - 100%	75-2696071
Llc Oam Capital	Majority shareholder	1 Feb 2019	50% - 75%	83-4067921
Llc Oam Holdings	Majority shareholder	1 Feb 2019	75% - 100%	27-3890218

Based in Harrison

The principal office where Mariner Investment Group, LLC performs its advisory services is located at 500 Mamaroneck Avenue, Harrison, NY 10528, which is also the mailing address of the firm. An additional office of the firm is in Rowayton, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 914-670-4300 or by fax 914-670-4320. The normal business hours are 8 am to 6 pm on Monday - Friday. You can find more information about the New York firm at marinerinvestment.com.