Cmt Asset Management LLC (Chicago)

Cmt Asset Management LLC is a mid-sized advisory firm based in Chicago. It manages $25.75 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017.

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

Cmt Asset Management: assets under management

The assets under management (AUM) of Cmt Asset Management LLC is $25.75 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -97% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $25.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.88 million each.

Cmt Asset Management has custody of $24.29 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cmt Asset Management LLC 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 Cmt Asset Management serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Cmt Asset Management is pooled investment vehicles with 1 clients and $24.29 million of assets under management. Among the 0 most similar advisory firms, Cmt Asset Management has the 0th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.75 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Cmt Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Cmt Asset Management LLC

The company employs 4 people that are either part- or full-time employees. 50 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
Cmt Digital Holdings Llc	Managing member	1 Sep 2017	75% - 100%	82-2811570
Chad Allan Feigel	Cfo	1 Sep 2017	Other	6148902
Timothy Alan Stoner	Cco	1 Sep 2017	Other	3056453

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Scott Allan Casto	Managing member	1 Oct 2011	25% - 50%	1545008
Jan Dirk Lueders	Managing member	1 Oct 2011	25% - 50%	5155821
Gto Llc	Managing member	1 Sep 2017	75% - 100%	45-3602251

Based in Chicago

The principal office where Cmt Asset Management LLC performs its advisory services is located at 500 West Monroe Suite 2630, Chicago, IL 60661, 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 312-930-9050 or by fax 312-930-9031. The normal business hours are 8:00 - 5:00 on Monday - Friday.