Cion Ares Management, LLC is a large advisory firm based in New York. It manages $325.64 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Delaware and New York.
Cion Ares Management provides portfolio management for investment 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.
The assets under management (AUM) of Cion Ares Management, LLC is $325.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 325537% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cion Ares Management, 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.
The only and largest group of clients of Cion Ares Management is investment companies with 1 clients and $325.64 million of assets under management. Among the 11 most similar advisory firms, Cion Ares Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $325.64 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Cion Ares Management doesn't advise any private funds.
The company employs 8 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.
Miriam Goldsmith Krieger joined the executive team most recently as the Chief Compliance Officer.
The principal office where Cion Ares Management, LLC performs its advisory services is located at 3 Park Avenue, 36 Th Floor, New York, NY 10016, 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 212-418-4700. The normal business hours are 9am est - 530pm est on Monday - Friday. You can find more information about the New York firm at aresmgmt.com.