Marlin Management Company, LLC (Hermosa Beach)

Name: Marlin Management Company, LLC
Address: 338 Pier Ave, Hermosa Beach, CA, 90254
Telephone: 310-364-0100

Marlin Management Company, LLC is a large advisory firm based in Hermosa Beach. It manages $5.84 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Marlin Management Company 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.

Marlin Management Company: assets under management

The assets under management (AUM) of Marlin Management Company, LLC is $5.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 336% since the beginning of its operation, and $4.27 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $292.07 million each.

Marlin Management Company has custody of $2.89 billion in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Marlin Management Company, 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 Marlin Management Company serves?

The only and largest group of clients of Marlin Management Company is pooled investment vehicles with 20 clients and $5.84 billion of assets under management. Among the 11 most similar advisory firms, Marlin Management Company has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.84 billion for 20 clients. 35% of the firm’s clients are foreign persons or businesses.

Marlin Management Company also advises several private funds. Namely, twenty private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $10,000,000.

Careers at Marlin Management Company, LLC

The company employs 70 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
Mcgovern Trust	Sole member	1 Apr 2004	75% - 100%	xxxxxxxxx
David Michael Mcgovern	Manager	1 Jun 2005	Other	2817568
Mcgovern Trust	Sole member	1 Jun 2005	75% - 100%	xxx-xx-xxxx
Jerry Katz	Cco	1 Jun 2010	Other	6030117
Jerry Katz	Chief operating officer	1 Jul 2010	Other	6030117
Jerry Katz	Chief compliance officer	1 Mar 2012	Other	6030117
Eve Tsz Pui Chan	Chief compliance officer	1 Dec 2012	Other	6154537
Barbara Friedman Luzzatto	Chief compliance officer and chief financial officer	1 Dec 2013	Other	1620302
L.P. Marlin Holdings	Member	1 May 2019	75% - 100%	98-1485947

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Michael Mcgovern	Trustee	1 Apr 2004	Other	2817568
Corina Mcgovern	Trustee	1 Apr 2004	Other	6043675
David Michael Mcgovern	Managing member	1 Apr 2019	50% - 75%	2817568
Mcgovern Family Trust	Member	1 Apr 2019	50% - 75%	xxx-xx-xxxx
L.P. Marlin Feeder	Limited partner	1 May 2019	75% - 100%	98-1486170
Llc Marlin Holdings Gp	General partner	1 May 2019	Other	83-4539604
Mcgovern Family Trust	Limited partner	1 May 2019	25% - 50%	xxx-xx-xxxx

Based in Hermosa Beach

The principal office where Marlin Management Company, LLC performs its advisory services is located at 338 Pier Ave, Hermosa Beach, CA 90254, 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 310-364-0100 or by fax 310-364-0110. The normal business hours are 8:30-5:30 on Monday - Friday. You can find more information about the New York firm at marlinequity.com.