Cobalt Capital Management, Inc. (Short Hills)


Cobalt Capital Management, Inc. is a large advisory firm based in Short Hills. It manages $1.98 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012.

Cobalt Capital Management 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.

Cobalt Capital Management: assets under management

The assets under management (AUM) of Cobalt Capital Management, Inc. is $1.98 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.98 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $496.2 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cobalt Capital Management, Inc. 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 Cobalt Capital Management, Inc.

Wayne Manning Cooperman has been acting as President since 1 Dec 1994. Thomas Joseph Laug joined the executive team most recently as the Chief Compliance Officer/Chief Financial Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Wayne Manning Cooperman President 1 Dec 1994 75% - 100% 4356827
Thomas Joseph Laug Chief compliance officer/chief financial officer 1 Apr 1997 Other 2355568
Wayne Manning Cooperman Managing member, cobalt management, llc 1 Dec 2001 75% - 100% 4356827
Wayne Manning Cooperman Managing member, cobalt mfc, llc 1 Nov 2008 75% - 100% 4356827

Based in Short Hills

The principal office where Cobalt Capital Management, Inc. performs its advisory services is located at 636 Morris Turnpike, Short Hills, NJ 07078, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-808-3756 or by fax 973-376-8160. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at cobaltcapital.com/.