Sullivan Realty Capital, LLC (New York)


Sullivan Realty Capital, LLC is a large advisory firm based in New York. It manages $1.6 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of New York.

Sullivan Realty 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.

Sullivan Realty Capital: assets under management

The assets under management (AUM) of Sullivan Realty Capital, LLC is $1.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 830% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $533 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sullivan Realty Capital, LLC for their services and products based on a percentage of assets under management. 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 Sullivan Realty Capital serves?

The only and largest group of clients of Sullivan Realty Capital is pooled investment vehicles with 3 clients and $1.6 billion of assets under management. Among the 9 most similar advisory firms, Sullivan Realty Capital has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.6 billion for 3 clients. None of the firm’s clients are foreign persons or businesses.

Sullivan Realty Capital doesn't advise any private funds.

Careers at Sullivan Realty Capital, LLC

The company employs 64 people that are either part- or full-time employees. 55 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
Adam Jeffrey Tantleff Managing member 1 Aug 2008 Other 5973425
Joshua Benjamin Zegen Managing member 1 Aug 2008 25% - 50% 2779211
Brian Jacob Shatz Managing member 1 Aug 2008 25% - 50% 2927864
Julie Breslin Furda Chief compliance officer 1 Oct 2011 Other 4481487
Greg Michael Hersly Chief financial officer (equivalent) 1 Oct 2011 Other 4017323
David Scott Speiser Chief legal officer (equivalent) 1 May 2012 Other 6318838

Based in New York

The principal office where Sullivan Realty Capital, LLC performs its advisory services is located at 520 Madison Avenue, New York, NY 10022, 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 646-442-4209 or by fax 646-536-8983. The normal business hours are 9 am -5 pm on Monday - Friday. You can find more information about the New York firm at madisonrealtycapital.com.