Sumit Capital LLC (New York)

Sumit Capital LLC is a mid-sized advisory firm based in New York. It manages $47.8 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012.

Sumit Capital 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.

Sumit Capital: assets under management

The assets under management (AUM) of Sumit Capital LLC is $47.8 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.8 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.9 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sumit Capital 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.

Careers at Sumit Capital LLC

Chinyu Huangsarkar has been acting as President since 1 Feb 2011. John Joseph Rebuth joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Chinyu Huangsarkar	Director	1 Feb 2011	25% - 50%	2089427
Soumyo Sarkar	Chief executive officer	1 Feb 2011	50% - 75%	2192340
John Joseph Rebuth	Cco	1 Jan 2012	Other	1858762

Based in New York

The principal office where Sumit Capital LLC performs its advisory services is located at 720 Fifth Avenue, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.