Sandler Capital Management (New York)

Name: Sandler Capital Management
Address: 711 Fifth Avenue, New York, NY, 10022
Telephone: 212-754-8100

Sandler Capital Management is a large advisory firm based in New York. It manages $2.43 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois and New York.

Sandler Capital Management provides portfolio management for individuals and small businesses and 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.

Sandler Capital Management: assets under management

The assets under management (AUM) of Sandler Capital Management is $2.43 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 53% since the beginning of its operation, and $1.84 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.43 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $143.11 million each.

Sandler Capital Management has custody of $1.28 billion in cash and securities for 11 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 41% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sandler Capital Management 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 Sandler Capital Management serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Sandler Capital Management is pooled investment vehicles with 16 clients and $2.42 billion of assets under management. Among the 12 most similar advisory firms, Sandler Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.43 billion for 17 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 53% of the firm’s clients are foreign persons or businesses.

Sandler Capital Management also advises several private funds. Namely, ten hedge funds and three private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $10,000,000.

Careers at Sandler Capital Management

The company employs 27 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Arh Corp	General partner	1 Oct 1989	Other	13-3539618
Four Jk Corp	General partner	1 Oct 1989	Other	13-3539359
Mjdm Corp	General partner	1 Jan 1993	Other	65-0172963
Alcr Corp	General partner	1 May 1998	50% - 75%	13-4024478
Andrew Mark Sandler	Managing director	1 May 1998	Other	2181686
Jirakal Corp	General partner	1 Jan 1999	Other	13-4054209
Serf Corp	General partner	1 Jan 1999	Other	13-4054207
Terpsi Corp	General partner	1 Jan 1999	Other	13-4054205
Kevin Warren Putt	Managing director	1 Jul 1999	Other	2719354
Medg Corp	General partner	1 Jan 2000	Other	xxx-xx-xxxx
Samantha Ann Mccuen	Managing director	1 Jan 2000	Other	2071045
Richard Alan Keller	Managing director	1 Jun 2000	Other	4518372
Eric Michael Lewis	Managing director	1 Jan 2001	Other	1866433
Robert Edward Fowler	Managing director	1 Jan 2001	Other	4518368
Stacey Wruble Seewald	Chief compliance officer	1 Jun 2001	Other	4518316
Sam Scm Corp.	General partner	1 Jul 2001	Other	13-4192123
Drp Scm Corp.	General partner	1 Jul 2001	Other	13-4192142
Rf Scm Corp.	General partner	1 Jul 2001	Other	13-4192124
Rak Scm Corp.	General partner	1 Jul 2001	Other	13-4192131
David Rhodes Powers	Managing director	1 Jul 2001	Other	1995128
William Anthony Bianco	Managing director	1 Nov 2001	Other	4518379
Wab Scm Corp.	General partner	1 Jan 2002	Other	30-0048433
Steven Gary Warshavsky	Chief financial officer	1 Feb 2002	Other	1055414
Aditya Sandeep Dehejia	Managing director	1 Jan 2005	Other	2181449
Brent Benkovic	Managing director	1 Jan 2006	Other	3023578
Jae Yoon Kim	Managing director	1 Jan 2006	Other	2221601
Jyk Scm Corp.	General partner	1 Jan 2006	Other	20-5425645
Vito Menza	Managing director	1 Jan 2008	Other	4545100
Eml Scm Corp.	General partner	1 Jan 2008	Other	26-1767968
Vm Scm Corp.	General partner	1 Jan 2008	Other	26-1767653
Eml Scm Corp	General partner	1 Jan 2008	Other	26-1767968
Robert Thomas Gorman	Managing director	1 Nov 2009	Other	1675884
Sgw Scm Corp.	General partner	1 Apr 2014	Other	46-5449987

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Harvey Sandler	Majority shareholder	1 Oct 1989	Other	410342
John Allen Kornreich	Majority shareholder	1 Oct 1989	Other	274075
Michael Joseph Marocco	Sole shareholder	1 Jan 1993	75% - 100%	1327276
Douglas Evan Schimmel	Sole shareholder	1 Jan 1999	75% - 100%	1915361
Hannah Stone	Sole shareholder	1 Jan 1999	Other	4351265
David Chulkwon Lee	Sole shareholder	1 Jan 1999	Other	1376589
Hannah Stone Craven	Sole shareholder	1 Jan 1999	75% - 100%	4351265
Edward Gabriel Grinacoff	Sole shareholder	1 Jan 2000	Other	2323773
Samantha Ann Mccuen	Sole shareholder	1 Jul 2001	75% - 100%	2071045
Richard Alan Keller	Sole shareholder	1 Jul 2001	75% - 100%	4518372
Robert Edward Fowler	Sole shareholder	1 Jul 2001	75% - 100%	4518368
William Anthony Bianco	Sole shareholder	1 Jan 2002	75% - 100%	4518379
Jae Yoon Kim	Sole shareholder	1 Jul 2006	75% - 100%	2221601
Eric Michael Lewis	Sole shareholder	1 Jan 2008	75% - 100%	1866433
Steven Gary Warshavsky	Sole shareholder	1 Apr 2014	75% - 100%	1055414

Based in New York

The principal office where Sandler Capital Management performs its advisory services is located at 711 Fifth 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 212-754-8100 or by fax 212-826-0280. The normal business hours are 9 to 5 on Monday - Friday. You can find more information about the New York firm at sandlercap.com.