Akanthos Capital Management, LLC (Woodland Hills)
Akanthos Capital Management, LLC is a large advisory firm based in Woodland Hills. It manages $105.88 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.
Akanthos Capital Management 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.
Akanthos Capital Management: assets under management
The assets under management (AUM) of Akanthos Capital Management, LLC is $105.88 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -76% since the beginning of its operation, and $62.98 million of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 3% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Akanthos Capital Management, LLC for their services and products based on a percentage of assets under management 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.
What kind of clients Akanthos Capital Management serves?
The only and largest group of clients of Akanthos Capital Management is pooled investment vehicles with 3 clients and $82.87 million of assets under management. Among the 11 most similar advisory firms, Akanthos Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $82.87 million for 3 clients. 25% of the firm’s clients are foreign persons or businesses.
Akanthos Capital Management also advises several private funds. Namely, two hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
Careers at Akanthos Capital Management, LLC
The company employs 3 people that are either part- or full-time employees. 100 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
Based in Woodland Hills
The principal office where Akanthos Capital Management, LLC performs its advisory services is located at 21600 Oxnard Street, Woodland Hills, CA 91367 7584, 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 818-883-8270 or by fax 818-883-8271. The normal business hours are 6 am to 3 pm on Monday - Friday. You can find more information about the New York firm at akanthoscapital.com.
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