Dsc Advisors, L.P. (Chicago)

Name: Dsc Advisors, L.P.
Address: 900 N. Michigan Ave, Chicago, IL, 60611
Telephone: 312-915-2886

Dsc Advisors, L.P. is a large advisory firm based in Chicago. It manages $414.99 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Illinois and Puerto Rico.

Dsc Advisors 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.

Dsc Advisors: assets under management

The assets under management (AUM) of Dsc Advisors, L.P. is $414.99 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -38% since the beginning of its operation, and $310.69 million of the total AUM is attributable to clients outside of the United States.

The firm manages $414.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.11 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dsc Advisors, L.P. 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 Dsc Advisors serves?

The only and largest group of clients of Dsc Advisors is pooled investment vehicles with 9 clients and $414.99 million of assets under management. Among the 11 most similar advisory firms, Dsc Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $414.99 million for 9 clients. 67% of the firm’s clients are foreign persons or businesses.

Dsc Advisors also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Dsc Advisors, L.P.

The company employs 13 people that are either part- or full-time employees. 62 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
L.L.C. Dsc Advisors	General partner of dsc advisors, l.p.	1 Oct 2002	Other	35-2184513
Andrew Gordon Bluhm	Principal	1 Oct 2002	Other	5071603
Prashant Gupta	Chief financial officer	1 Oct 2002	Other	5071652
Lamb Partners	Limited partner	1 Oct 2002	25% - 50%	36-3223574
2003 Agb Family Dynasty Trust	Limited partner of dsc advisors, l.p.	1 Jan 2003	75% - 100%	20-6123857
Prashant Gupta	Limited partner	1 Dec 2004	Other	5071652
Gary William Katz	Limited partner	1 Dec 2004	Other	5074167
Llc Lamb Company	Limited partner	1 Jan 2005	25% - 50%	20-3992760
Allison O'donnell Mcdowell	Chief compliance officer	1 May 2005	Other	2984721
John David Cronin	Chief risk officer	1 Mar 2006	Other	1711546
David Richard Nietfeldt	Chief compliance officer, chief financial officer	1 Mar 2011	Other	5977107
Arbam Llc	Member of dsc quantitative group, llc	1 Jun 2012	25% - 50%	00-0000000
Prashant Gupta	Member of dsc quantitative group, llc	1 Jun 2012	Other	5071652
L.P. Dsc Advisors	Member of dsc quantitative group, llc	1 Aug 2012	50% - 75%	158312
Llc Dsc Qg Managers	General partner of dsc qg advisors, l.p.	1 Dec 2013	Other	46-4186373
Dsc Managers Pr Llc	Member of dscqg pr llc	1 Mar 2016	50% - 75%	66-0855189
Arbi Llc	Member of dscqg pr llc	1 Mar 2016	25% - 50%	66-0855232

Indirect Owners

The SEC currently registers 20 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Leslie Nan Bluhm	Trustee	1 Sep 1995	Other	5074165
Meredith Ann Bluhm Wolf	Trustee	1 Nov 1996	Other	5074173
Andrew Gordon Bluhm	Trustee	1 Feb 1997	Other	5071603
Lamb Llc	Partner	1 Dec 2001	75% - 100%	36-4487434
The Leslie N. Bluhm 1995 Revocable Trust	Member	1 Dec 2001	25% - 50%	00-0000000
The Andrew G. Bluhm 1997 Revocable Trust	Member	1 Dec 2001	25% - 50%	00-0000000
The Meredith A. Bluhm 1996 Trust	Member	1 Dec 2001	25% - 50%	00-0000000
Andrew Gordon Bluhm	Trustee	1 Jan 2003	Other	5071603
The Leslie N. Bluhm 1995 Revocable Trust	Member	1 Dec 2005	25% - 50%	00-0000000
The Andrew G. Bluhm 1997 Revocable Trust	Member	1 Dec 2005	25% - 50%	00-0000000
The Meredith A. Bluhm 1996 Trust	Member	1 Dec 2005	25% - 50%	00-0000000
Willoughby Place Llc	Sole member of arbam llc	1 Jun 2012	75% - 100%	00-0000000
Bushonville Family Trust	Sole member in willoughby place llc	1 Jun 2012	75% - 100%	00-0000000
Arthur Roland Bushonville	Trustee of bushonville family trust	1 Jun 2012	Other	1709162
Andrew Gordon Bluhm	Managing member	1 Dec 2013	Other	5071603
Arbam Llc	Sole member of arbi llc	1 Mar 2016	75% - 100%	00-0000000
Bushonville Family Trust	Limited partner in willoughby place lp	1 Mar 2016	75% - 100%	45-6581079
Rmb17 Llc	Gp to willoughby place lp	1 Mar 2016	Other	46-4346680
Ab Revocable Trust	Managing member of rmb17 llc	1 Mar 2016	Other	32-7606686
L.P. Dsc Advisors	Sole member of dsc managers pr llc	1 Mar 2016	75% - 100%	158312

Based in Chicago

The principal office where Dsc Advisors, L.P. performs its advisory services is located at 900 N. Michigan Ave, Chicago, IL 60611, which is also the mailing address of the firm. An additional office of the firm is in San Juan, PR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-915-2886 or by fax 312-915-2487. The normal business hours are 8:00 am - 5:00 pm (cst) on Monday - Friday. You can find more information about the New York firm at dscllc.net.