Cipher Capital LP (New York)


Cipher Capital LP is a large advisory firm based in New York. It manages $1.47 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013.

Cipher Capital 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.

Cipher Capital: assets under management

The assets under management (AUM) of Cipher Capital LP is $1.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 601% since the beginning of its operation, and $1.29 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $294.34 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cipher Capital LP 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 Cipher Capital serves?

The only and largest group of clients of Cipher Capital is pooled investment vehicles with 4 clients and $1.47 billion of assets under management. Among the 8 most similar advisory firms, Cipher Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.47 billion for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Cipher Capital also advises several private funds.

Careers at Cipher Capital LP

The company employs 6 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


Name Entity Date acquired Ownership Employer ID
Matthew Ira Weishar Limited partner, managing principal 1 Aug 2010 75% - 100% 3068882
Cipher Capital Gp Llc General partner 1 Mar 2012 Other 27-3361455
Melinda Helen Scott Chief compliance officer 1 Nov 2014 Other 6450932

Based in New York

The principal office where Cipher Capital LP performs its advisory services is located at 400 Madison Avenue, New York, NY 10017, 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 646-416-6009. The normal business hours are 8 am - 7 pm on Monday - Friday. You can find more information about the New York firm at ciphercap.com.