Cystein Management LLC (Mexico City)

Name: Cystein Management LLC
Address: Albert Einstein 89, Mexico City, 01330
Telephone: (210) 888-0986

Cystein Management LLC is an adviser based in Mexico City. It manages $2.23 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Delaware.

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

Cystein Management: assets under management

The assets under management (AUM) of Cystein Management LLC is $2.23 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 834% since the beginning of its operation, and $1.93 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.23 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $92.82 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 78% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cystein Management LLC 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 Cystein Management serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Cystein Management is high net worth individuals with 12 clients and $1.87 million of assets under management. Among the 3 most similar advisory firms, Cystein Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.23 million for 23 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 90% of the firm’s clients are foreign persons or businesses.

Cystein Management doesn't advise any private funds.

Careers at Cystein Management LLC

The company employs 2 people that are either part- or full-time employees. 50 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
Pedro Ignacio Padierna	Chief compliance officer/managing member	1 Aug 2017	75% - 100%	6866471
Pedro Padierna	Chief marketing officer/managing member	1 Jun 2018	50% - 75%	6966040

Based in Mexico City

The principal office where Cystein Management LLC performs its advisory services is located at Albert Einstein 89, Mexico City, 01330, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number (210) 888-0986. The normal business hours are by appointment on Other. You can find more information about the New York firm at cysteinfunds.com/.