Blackfriars Asset Management Limited (London)

Name: Blackfriars Asset Management Limited
Address: 9 Cloak Lane, London, Ec4 R 2 Ru
Telephone: + 44 20 7332 2270

Blackfriars Asset Management Limited is a large advisory firm based in London. It manages $164.55 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2009.

Blackfriars Asset Management Limited 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.

Blackfriars Asset Management Limited: assets under management

The assets under management (AUM) of Blackfriars Asset Management Limited is $164.55 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -92% since the beginning of its operation, and $164.55 million of the total AUM is attributable to clients outside of the United States.

The firm manages $164.55 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.42 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Blackfriars Asset Management Limited 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 Hugh Adam Simon serves?

The only and largest group of clients of Hugh Adam Simon is pooled investment vehicles with 6 clients and $164.55 million of assets under management. Among the 8 most similar advisory firms, Blackfriars Asset Management Limited has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $164.55 million for 6 clients. 100% of the firm’s clients are foreign persons or businesses.

Blackfriars Asset Management Limited doesn't advise any private funds.

Careers at Blackfriars Asset Management Limited

The company employs 14 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 are 4 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.

Hugh Adam Simon has been acting as President since 1 May 2011. Simon Associates Limited joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mohammed Ishfaq Bhatti	Chief operating officer / chief financial officer	1 Sep 2003	Other	5647030
Hugh Robin Hunter	Chief executive officer	1 May 2006	Other	5647028
Kevin Michael Tolan	Chief compliance officer	1 Jan 2008	Other	5647035
Bny Mellon International Limited	Parent company	1 Dec 2008	75% - 100%	13-2614959
Jonathan Michael Little	Director	1 Dec 2008	Other	4821117
Alan Adam Mearns	Director	1 Dec 2008	Other	5647033
Gregory Allan Brisk	Executive officer	1 Aug 2010	Other	5859270
James Morecroft Helby	Mr	1 Sep 2010	Other	5846815
Mitchell Evan Harris	Executive officer	1 Sep 2010	Other	4359464
Clair Elizabeth Gibson	Chief compliance officer	1 Oct 2010	Other	5865213
Hugh Adam Simon	Director	1 May 2011	Other	4380453
The Hamon Investment Group (Pte) Limited	Parent company	1 Jul 2011	75% - 100%	foreign
Hamon Investment Group	Parent company	1 Jul 2011	75% - 100%	foreign
Gariesh Kumar Sharma	Executive officer	1 Oct 2011	Other	6024882
Thomas Douglas Tremayne Waring	Chief executive officer	1 Nov 2011	Other	4377717
Sandeep Bandesha	Chief compliance officer	1 May 2012	Other	6096616
Gariesh Kumar Sharma	Chief compliance officer	1 Feb 2015	Other	6024882

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hamon Investment Holdings	Shareholder	1 Feb 1998	25% - 50%	foreign
Mellon Overseas Investment Corporation	Shareholder	1 Feb 1998	25% - 50%	foreign
Simon Associates Limited	Shareholder	1 Feb 1998	25% - 50%	foreign
Mbc Investment Corporation	Parent	1 Oct 1998	75% - 100%	51-0301132
The Bank Of New York Mellon Corporation	Parent	1 Oct 1998	75% - 100%	13-2614959
Mbc Investments Corporation	Member	1 Oct 1998	75% - 100%	51-0301132
Neptune Llc	Parent	1 May 2006	75% - 100%	104389
Mellon International Holdings S.Ar.L (Lux)	Parent	1 Sep 2006	75% - 100%	foreign entity
Simon Associates Limited	Shareholder	1 Mar 2015	50% - 75%	foreign

Based in London

The principal office where Blackfriars Asset Management Limited performs its advisory services is located at 9 Cloak Lane, London, Ec4 R 2 Ru, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number + 44 20 7332 2270. The normal business hours are 9.00am - 5.00pm on Monday - Friday. You can find more information about the New York firm at blackfriarsam.com.