Karpreilly, LLC (Greenwich)

Name: Karpreilly, LLC
Address: 102 Greenwich Ave, Greenwich, CT, 06830
Telephone: 203-504-9900

Karpreilly, LLC is a large advisory firm based in Greenwich. It manages $623.91 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Karpreilly 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.

Karpreilly: assets under management

The assets under management (AUM) of Karpreilly, LLC is $623.91 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 208% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $623.91 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $89.13 million each.

Karpreilly has custody of $623.91 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Karpreilly, LLC for their services and products based on a percentage of assets under management 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 Karpreilly serves?

The only and largest group of clients of Karpreilly is pooled investment vehicles with 7 clients and $623.91 million of assets under management. Among the 10 most similar advisory firms, Karpreilly has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $623.91 million for 7 clients. None of the firm’s clients are foreign persons or businesses.

Karpreilly also advises several private funds. Namely, seven private equity funds.

Careers at Karpreilly, LLC

The company employs 16 people that are either part- or full-time employees. 81 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
Allan William Karp	Manager	1 Mar 2007	50% - 75%	1825216
Christopher Kendall Reilly	Manager	1 Mar 2007	50% - 75%	1496337
Andrew J Keating	Chief compliance officer	1 Jun 2011	Other	4874068

Based in Greenwich

The principal office where Karpreilly, LLC performs its advisory services is located at 102 Greenwich Ave, Greenwich, CT 06830, 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 203-504-9900 or by fax 203-504-9901. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at karpreilly.com.