Consilium Investment Management LLC (Fort Lauderdale)

Name: Consilium Investment Management LLC
Address: 2400 E Commercial Blvd, Fort Lauderdale, FL, 33308
Telephone: 954-315-9380

Consilium Investment Management LLC is a large advisory firm based in Fort Lauderdale. It manages $637.11 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arkansas, California, Connecticut, and 17 other states.

Consilium Investment Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and sub-advisory. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Consilium Investment Management: assets under management

The assets under management (AUM) of Consilium Investment Management LLC is $637.11 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 422% since the beginning of its operation, and $9.07 million of the total AUM is attributable to clients outside of the United States.

The firm manages $637.11 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $127.42 million each.

Consilium Investment Management has custody of $9.08 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is other assets, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Consilium Investment Management 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 Consilium Investment Management serves?

The firm provides services to insurance companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Consilium Investment Management is pooled investment vehicles with 3 clients and $503.05 million of assets under management. Among the 8 most similar advisory firms, Consilium Investment Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $637.11 million for 5 clients. 22% of the firm’s clients are foreign persons or businesses.

Consilium Investment Management also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.

Careers at Consilium Investment Management LLC

The company employs 10 people that are either part- or full-time employees. 90 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
Inc. Consilium Investment Capital	Member	1 May 2004	75% - 100%	56-2417635
Jonathan Michael Binder	Managing director	1 Oct 2004	Other	1877865
Charles Theodore Cassel	Managing director, cfo, cco	1 Nov 2004	Other	4078975
James P Gainey	Chief compliance officer	1 Apr 2008	Other	5524577

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Charles Theodore Cassel	Shareholder	1 Nov 2003	25% - 50%	4078975
Jonathan Michael Binder	Shareholder	1 Nov 2003	50% - 75%	1877865

Based in Fort Lauderdale

The principal office where Consilium Investment Management LLC performs its advisory services is located at 2400 E Commercial Blvd, Fort Lauderdale, FL 33308, 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 954-315-9380 or by fax 954-779-1803. The normal business hours are 08:00 to 17:00 on Monday - Friday. You can find more information about the New York firm at consimllc.com.