Consonance Capital Partners, LP (New York)


Consonance Capital Partners, LP is a large advisory firm based in New York. It manages $569.48 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015.

Consonance Capital Partners 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.

Consonance Capital Partners: assets under management

The assets under management (AUM) of Consonance Capital Partners, LP is $569.48 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $569.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $113.9 million each.
Consonance Capital Partners has custody of $569.48 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Consonance Capital Partners, LP 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 Consonance Capital Partners serves?

The only and largest group of clients of Consonance Capital Partners is pooled investment vehicles with 5 clients and $569.48 million of assets under management. Among the 9 most similar advisory firms, Consonance Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $569.48 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Consonance Capital Partners also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $5,000,000.

Careers at Consonance Capital Partners, LP

The company employs 12 people that are either part- or full-time employees. 83 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
Mitchell Jonathan Blutt Founding partner/member 1 Mar 2012 25% - 50% 6043002
Benjamin Bruce Edmands Founding partner/member 1 Mar 2012 25% - 50% 5872944
Stephen Vincent Mckenna Founding partner/member 1 Mar 2012 25% - 50% 2796095
Wendell Lee Fowler Chief compliance officer/chief financial officer 1 Jul 2012 Other 5065340
Nancy Ann (Nmn) Deparle Founding partner 1 Aug 2013 Other 6317223
Llc Consonance Capital Partners Gp General partner 1 Dec 2014 Other 47-2773224
Edward James Cook Chief compliance officer 1 Feb 2016 Other 5524274
Mary Gildea Sobon Chief compliance officer 1 Aug 2019 Other 7165052

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mitchell Jonathan Blutt Managing member 1 Dec 2014 25% - 50% 6043002
Benjamin Bruce Edmands Managing member 1 Dec 2014 25% - 50% 5872944
Stephen Vincent Mckenna Managing member 1 Dec 2014 25% - 50% 2796095

Based in New York

The principal office where Consonance Capital Partners, LP performs its advisory services is located at 1370 Avenue Of The Americas, New York, NY 10019, 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 212-660-8060 or by fax 212-660-8098. The normal business hours are 9:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at consonancecapital.com/.