Erim LLP (London)


Erim LLP is an adviser based in London. It manages $2.63 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012.

Erim provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Erim: assets under management

The assets under management (AUM) of Erim LLP is $2.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 57% since the beginning of its operation, and $2.63 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $438.13 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Erim LLP 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 Erim serves?

The only and largest group of clients of Erim is pooled investment vehicles with 4 clients and $1.74 billion of assets under management. Among the 10 most similar advisory firms, Erim has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.74 billion for 4 clients. 100% of the firm’s clients are foreign persons or businesses.

Erim also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Erim LLP

The company employs 9 people that are either part- or full-time employees. 67 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
Ian Westbrook Trundle Chief compliance officer 1 Jan 2012 Other 5051428
Sara Katherine Gardiner Hill Partner 1 Jan 2012 Other 6024874
James Anthony John Pulsford Partner 1 Jan 2012 50% - 75% 6024876
Karl William Hammond Partner 1 Jan 2012 Other 6024880
Erim Services Limited Corporate partner 1 Jan 2012 75% - 100% foreign

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Erim Limited Shareholder 1 Aug 2011 75% - 100% foreign
James Anthony John Pulsford Shareholder 1 Aug 2011 50% - 75% 6024876
Sara Katherine Gardiner Hill Shareholder 1 Aug 2011 25% - 50% 6024874

Based in London

The principal office where Erim LLP performs its advisory services is located at 5 Th Floor, London, Ec4 R 2 Ru, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 442078711040 or by fax 442078711041. The normal business hours are 9:00 - 17:30 (uk time) on Monday - Friday. You can find more information about the New York firm at eikohresearch.com.