Org Portfolio Management LLC (Beachwood)

Name: Org Portfolio Management LLC
Address: 3733 Park East Drive, Beachwood, OH, 44122
Telephone: 216-468-0055

Org Portfolio Management LLC is a large advisory firm based in Beachwood. It manages $9.9 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Ohio.

Org Portfolio Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and independent fiduciary service. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Org Portfolio Management: assets under management

The assets under management (AUM) of Org Portfolio Management LLC is $9.9 billion. The firm's AUM has grown by 596% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $449.48 million in discretionary accounts and $9.45 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $112.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.36 billion.

Org Portfolio Management has custody of $151.31 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 99% of the total AUM. The second-largest asset type is other assets, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Org Portfolio Management LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, 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 Org Portfolio Management serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Org Portfolio Management is pension and profit sharing plans with 6 clients and $9.63 billion of assets under management. Among the 5 most similar advisory firms, Org Portfolio Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $9.78 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

Org Portfolio Management also advises several private funds. Namely, one real estate fund. The minimum investment commitment required of non-related persons is $40,000,000 for each fund.

Careers at Org Portfolio Management LLC

The company employs 16 people that are either part- or full-time employees. 50 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
Edward Brian Schwartz	Managing member	1 Mar 2000	25% - 50%	4749186
Jonathan Brian Berns	Managing member	1 Mar 2000	25% - 50%	4749181
Edward Brian Schwartz	Member and principal	1 Apr 2005	25% - 50%	4749186
Jonathan Brian Berns	Member and principal	1 Apr 2005	25% - 50%	4749181
Steven Jeffery Gruber	Member	1 Apr 2005	50% - 75%	2304558
Limited Org Holdings	Member	1 Apr 2005	50% - 75%	34-1923981
Barbara Jean Mcdowell	Chief compliance officer	1 May 2006	Other	5313269
Edward Brian Schwartz	Chief compliance officer	1 Mar 2010	Other	4749186
Org Portfolio Inc.	Member	1 Oct 2011	Other	45-3512116
Fred Neil Carmen	General counsel	1 Mar 2014	Other	6469582

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Edward Brian Schwartz	Member	1 May 2000	50% - 75%	4749186
Jonathan Brian Berns	Member	1 May 2000	50% - 75%	4749181
Edward Brian Schwartz	President & shareholder	1 Oct 2011	50% - 75%	4749186
Jonathan Brian Berns	Vice president & shareholder	1 Oct 2011	50% - 75%	4749181

Based in Beachwood

The principal office where Org Portfolio Management LLC performs its advisory services is located at 3733 Park East Drive, Beachwood, OH 44122, 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 216-468-0055 or by fax 216-468-0054. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at orgpm.com.