Rosedale Asset Management, LLC (Hamilton)

Rosedale Asset Management, LLC is an adviser based in Hamilton. It manages $5.44 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of New Jersey and Texas.

Rosedale Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rosedale Asset Management: assets under management

The assets under management (AUM) of Rosedale Asset Management, LLC is $5.44 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $247.09 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rosedale Asset Management, 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.

What kind of clients Rosedale Asset Management serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Rosedale Asset Management is high net worth individuals with 19 clients and $4.83 million of assets under management. Among the 6 most similar advisory firms, Rosedale Asset Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $5.43 million for 20 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Rosedale Asset Management doesn't advise any private funds.

Careers at Rosedale Asset Management, LLC

The company employs 4 people that are either part- or full-time employees. 25 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joy Ann Sheehan	Managing member / chief compliance officer	1 Sep 2011	Other	5102764
Akin James Ayodele	Managing member / chief executive officer	1 Jan 2013	25% - 50%	6889949
Thomas Edward Wojczak	Portfolio manager	1 Sep 2017	Other	1305461
Dinash Kumar Yanamadula	Member	1 Dec 2017	Other	6905319
Anita Sood	Member	1 Dec 2017	Other	6905314

Based in Hamilton

The principal office where Rosedale Asset Management, LLC performs its advisory services is located at 2115 Hamilton Avenue, Hamilton, NJ 08619, 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 609-642-4200 or by fax 609-514-0330. The normal business hours are 9:00 - 4:00 on Monday - Friday.