Carrington Capital Management, LLC (Old Greenwich)

Name: Carrington Capital Management, LLC
Address: 1700 East Putnam Avenue, Old Greenwich, CT, 06870
Telephone: 203-661-6186

Carrington Capital Management, LLC is a large advisory firm based in Old Greenwich. It manages $2.55 billion of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Connecticut, and Tennessee.

Carrington Capital Management provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Carrington Capital Management: assets under management

The assets under management (AUM) of Carrington Capital Management, LLC is $2.55 billion. The firm's AUM has grown by 10095% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $53.02 million in discretionary accounts and $2.5 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $26.51 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $63.99 million.

Carrington Capital Management has custody of $1.46 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

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 Carrington Capital Management, LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Careers at Carrington Capital Management, LLC

The company employs 32 people that are either part- or full-time employees. 72 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.

Andrew Mark Taffet has been acting as President since 1 Jan 2014. Jack Lee Macdowell has served as the Chief Investment Officer since 1 Oct 2010. Steven Z. Haber joined the executive team most recently as the General Counsel And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Marshall Rose	Chief executive officer, managing member	1 Feb 2004	Other	1095631
Scott Paul Nussbaum	Member	1 Feb 2004	Other	4776786
New Century Financial Corporation	Member	1 Feb 2004	25% - 50%	33-0683629
Inc. New Century Trs Holdings	Member	1 Feb 2004	25% - 50%	33-0683629
Darren Andrew Fulco	Principal	1 Aug 2004	Other	3236913
Peter Ludwig Salce	Chief financial officer	1 Apr 2005	Other	2323562
Diane Citron	General counsel and chief compliance officer	1 Oct 2005	Other	5085499
Kristina Saltmarsh Couch	Chief compliance officer	1 Apr 2010	Other	5121051
Stephen Mark Kirch	President	1 Oct 2010	Other	270540
Jack Lee Macdowell	Chief investment officer	1 Oct 2010	Other	4269131
Llc Carrington Holding Company	Majority owner	1 Dec 2010	75% - 100%	26-4222179
Llc Carrington Holding Co	Majority owner	1 Dec 2010	75% - 100%	26-4222179
Ronald J Nicolas	Chief financial officer	1 Dec 2010	Other	5907127
Ronald Jacob Nicolas	Chief financial officer	1 Dec 2010	Other	5907127
Scott Jacob Siegler	Chief legal officer	1 Jan 2011	Other	5216018
Peter Ludwig Salce	Vice president and chief financial officer	1 Sep 2012	Other	2323562
William A King	President	1 Sep 2012	Other	2464590
Loreto Patricia Fuentes	Chief compliance officer	1 Mar 2013	Other	1780379
Darren Andrew Fulco	Chief strategy officer & secretary	1 Apr 2013	Other	3236913
Scott Jacob Siegler	General counsel & assistant secretary	1 Apr 2013	Other	5216018
Steven Manley Meilicke	Executive vice president & chief financial officer	1 Apr 2013	Other	4218737
Llc The Carrington Companies	Majority owner	1 Dec 2013	75% - 100%	46-3485876
Andrew Mark Taffet	President	1 Jan 2014	Other	5085106
Peter Ludwig Salce	Chief financial officer	1 Apr 2015	Other	2323562
Andrew Mark Taffet	Chief investment officer	1 Jan 2016	Other	5085106
Steven Z. Haber	General counsel and chief compliance officer	1 Mar 2018	Other	6929701

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Marshall Rose	Chief executive officer, managing member	1 Dec 2010	75% - 100%	1095631
Bruce Marshall Rose	Chief executive officer, managing member	1 Dec 2013	75% - 100%	1095631
The Carrington Companies	Majority owner	1 Dec 2013	75% - 100%	46-3485876

Based in Old Greenwich

The principal office where Carrington Capital Management, LLC performs its advisory services is located at 1700 East Putnam Avenue, Old Greenwich, CT 06870, which is also the mailing address of the firm. An additional office of the firm is in Anaheim, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-661-6186 or by fax 203-661-6378. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at carringtoncap.com/.