Openarc Capital Management LLC is a mid-sized advisory firm based in New York. It manages $61.88 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.
Openarc Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Openarc Capital Management LLC is $61.88 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Openarc Capital Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
Jonathan Everett Sandelman has been acting as President since 1 Apr 2011. Douglas Maitland Reid joined the executive team most recently as the Chief Compliance Officer.
The principal office where Openarc Capital Management LLC performs its advisory services is located at 767 Fifth Avenue, New York, NY 10153, 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 212-299-8080 or by fax 212-299-7666. The normal business hours are 9am to 6pm on Monday - Friday. You can find more information about the New York firm at www.openarcam.com.