Haven Asset Management (Insurance) LLC (Greenwich)

Haven Asset Management (Insurance) LLC is a large advisory firm based in Greenwich. It manages $107.4 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Connecticut.

Haven Asset Management (Insurance) provides portfolio management for businesses and institutional clients and portfolio management for insurance companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Haven Asset Management (Insurance): assets under management

The assets under management (AUM) of Haven Asset Management (Insurance) LLC is $107.4 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $107.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $53.7 million each.

Haven Asset Management (Insurance) has custody of $107.4 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 75% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in government bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Haven Asset Management (Insurance) LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Haven Asset Management (Insurance) serves?

The only and largest group of clients of Haven Asset Management (Insurance) is insurance companies with 0 clients and $107.4 million of assets under management. Among the 10 most similar advisory firms, Haven Asset Management (Insurance) has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $107.4 million for 0 clients. None of the firm’s clients are foreign persons or businesses.

Haven Asset Management (Insurance) doesn't advise any private funds.

Careers at Haven Asset Management (Insurance) LLC

The company employs 6 people that are either part- or full-time employees. 100 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
Achim Maximilian Holmes	Chief executive officer, chief investment officer	1 Jan 2018	25% - 50%	1632390
Jonathan Todd Feldman	Chief operating officer and president	1 Jan 2018	25% - 50%	2348413
Kathleen Nora Starrs	Chief compliance officer, chief financial officer, treasurer, secretary	1 Jan 2018	Other	1543667
Haven Asset Management Llc	Non-member manager	1 Jan 2018	Other	47-5280257
Kathleen Norah Starrs	Chief compliance officer, chief financial officer, treasurer, secretary	1 Jan 2018	Other	1543667
Thomas X. Fritsch	Chief compliance officer and general counsel	1 Jul 2018	Other	5316079

Based in Greenwich

The principal office where Haven Asset Management (Insurance) LLC performs its advisory services is located at One Fawcett Place, Greenwich, CT 06830, 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 203-302-1700 or by fax 203-302-1779. The normal business hours are 9am - 5pm on Monday - Friday.