Sands Capital Ventures, LLC (Arlington)

Sands Capital Ventures, LLC is a related adviser based in Arlington. It manages $535.4 million of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Colorado, Delaware, and 11 other states.

Sands Capital Ventures 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.

Sands Capital Ventures: assets under management

The assets under management (AUM) of Sands Capital Ventures, LLC is $535.4 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 9907% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $535.4 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.12 million each.

Sands Capital Ventures has custody of $516.49 million in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sands Capital Ventures, 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 Sands Capital Ventures serves?

The only and largest group of clients of Sands Capital Ventures is pooled investment vehicles with 28 clients and $535.4 million of assets under management. Among the 8 most similar advisory firms, Sands Capital Ventures has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $535.4 million for 28 clients. None of the firm’s clients are foreign persons or businesses.

Sands Capital Ventures also advises several private funds. Namely, twenty venture capital funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $5,111,020.

Careers at Sands Capital Ventures, LLC

The company employs 36 people that are either part- or full-time employees. 83 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Ian W Ratcliffe joined the executive team most recently as the Managing Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lp Sands Capital Management	Managing member (sole member)	1 Oct 2010	75% - 100%	27-1098984
Michael Pinchas Rubin	Managing partner/chief executive officer	1 Oct 2010	Other	5616051
John Douglas Suliman	Principal/vice president	1 Oct 2010	Other	5152435
Robert Charles Hancock	Chief compliance officer/chief operating officer/treasurer/secretary	1 Oct 2010	Other	3101626
Jonathan Paul Goodman	General counsel, chief compliance officer and secretary	1 Mar 2013	Other	5130286
Erin Elizabeth Soule	Director of finance & operations, treasurer	1 Mar 2014	Other	6377310
Erin Soule	Director of finance & operations, treasurer	1 Mar 2014	Other	6377310
Ian W Ratcliffe	Managing partner	1 Mar 2018	Other	6931397

Indirect Owners

The SEC currently registers 26 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Frank Melville Sands	Trustee	1 Dec 2001	Other	2843986
Jessica K Sands	Trustee	1 Dec 2001	Other	5597685
Jessica Kozikowski Sands	Trustee	1 Dec 2001	Other	5597685
Frank Melville Sands	Trustee	1 Aug 2003	Other	1248316
Marjorie Root Sands	Trustee	1 Aug 2003	Other	4335776
Frank Melville Sands	Manager	1 Dec 2004	Other	2843986
Frank Melville Sands	Manager	1 Jul 2005	Other	2843986
Sr. Trust Frank M. Sands	Member	1 Dec 2008	50% - 75%	00-0000000
Majorie R. Sands Trust	Member	1 Dec 2008	50% - 75%	00-0000000
Jr. Trust Frank M. Sands	Member	1 Dec 2008	75% - 100%	00-0000000
Marjorie R. Sands Trust	Member	1 Dec 2008	50% - 75%	00-0000000
Jr. Revocable Trust The Frank M. Sands	Member	1 Dec 2008	25% - 50%	xxx-xx-xxxx
Jessica K. Sands Trust	Member	1 Dec 2008	50% - 75%	00-0000000
Llc Sands Family Trust Sub I	Partner	1 Sep 2009	25% - 50%	26-2057829
Llc F J Sands Family I	Partner	1 Sep 2009	25% - 50%	20-3891425
Llc Sands Family Trust	General partner	1 Sep 2009	Other	20-2857692
Jeh Irrevocable Trust	Member	1 Dec 2012	25% - 50%	46-6496077
Frank Melville Sands	Trustee	1 Mar 2014	Other	2843986
Frank Melville Sands	Trustee	1 Jul 2015	Other	1248316
2017 Eagle Holdings Llc	Member	1 Mar 2017	75% - 100%	82-4299038
Llc Sub I Holdings	Member	1 Mar 2017	75% - 100%	82-4252473
The Moose Sub Im Trust	Member	1 Mar 2017	25% - 50%	38-7199277
The Moose Sub If Trust	Member	1 Mar 2017	25% - 50%	38-7199278
Frank Melville Sands	Manager	1 Mar 2017	Other	1248316
The 2017 Eagle N Trust	Member	1 Mar 2017	75% - 100%	38-7199281
Charles M Preston	Trustee	1 Mar 2017	Other	6032534

Based in Arlington

The principal office where Sands Capital Ventures, LLC performs its advisory services is located at 1000 Wilson Boulevard, Arlington, VA 22209, 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 703-562-4000 or by fax 703-562-4004. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.