Altisource Asset Management Corporation is a large advisory firm based in Christiansted. It manages $135.05 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Virgin Islands, U.S..
Altisource Asset Management Corporation provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Altisource Asset Management Corporation is $135.05 million. $135.05 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Altisource Asset Management Corporation for their services and products based on a percentage of assets under management, 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.
The firm provides services to insurance companies and pooled investment vehicles. The largest group of clients of Salah Saabneh is pooled investment vehicles with 1 clients and $132.28 million of assets under management. Among the 7 most similar advisory firms, Altisource Asset Management Corporation has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $135.05 million for 2 clients. 100% of the firm’s clients are foreign persons or businesses.
Altisource Asset Management Corporation doesn't advise any private funds.
The company employs 103 people that are either part- or full-time employees. 12 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.
Salah Saabneh has been acting as President since 1 Dec 2014. Rene Dittrich joined the executive team most recently as the Chief Accounting Officer.
The principal office where Altisource Asset Management Corporation performs its advisory services is located at 5100 Tamarind Reef, Christiansted, VI 00820, 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 770-644-7450 or by fax 340-692-4428. The normal business hours are 8:00 am to 8:00 pm on Monday - Friday. You can find more information about the New York firm at altisourceamc.com.