Landmark Realty Advisors LLC (Simsbury)


Landmark Realty Advisors LLC is a large advisory firm based in Simsbury. It manages $6.37 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, and Massachusetts.

Landmark Realty Advisors provides portfolio management for pooled investment vehicles and fund of funds and fund of one. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Landmark Realty Advisors: assets under management

The assets under management (AUM) of Landmark Realty Advisors LLC is $6.37 billion. The firm's AUM has grown by 658% since the beginning of its operation, and $1.23 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.8 billion in discretionary accounts and $568.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $362.42 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $189.65 million.
Landmark Realty Advisors has custody of $6.37 billion in cash and securities for 19 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Landmark Realty Advisors 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 Richard William Maine serves?

The only and largest group of clients of Richard William Maine is pooled investment vehicles with 19 clients and $6.37 billion of assets under management. Among the 5 most similar advisory firms, Landmark Realty Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.37 billion for 19 clients. 21% of the firm’s clients are foreign persons or businesses.

Landmark Realty Advisors also advises several private funds. Namely, nineteen real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Landmark Realty Advisors LLC

The company employs 113 people that are either part- or full-time employees. 54 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Richard William Maine has been acting as President since 1 Aug 1996. Landmark Investment Holdings Lp joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Timothy Leonard Haviland President & treasurer 1 Aug 1996 Other 4360908
Landmark Partners Inc. Member 1 Aug 1996 75% - 100% 06-1284156
Stanley F Alfeld Member/ceo 1 Aug 1996 Other 4360902
Timothy L Haviland Member 1 Aug 1996 Other 4360908
Richard William Maine Member/president 1 Aug 1996 Other 1951406
John Archibald Griner Member 1 Aug 1996 Other 600835
Stanley Fred Alfeld Member 1 Aug 1996 Other 4360902
Robert Paul Mehlman Vice president 1 Sep 1996 Other 4362196
Robert J Harvey Vice president 1 Jan 1997 Other 4362187
Francisco Lopes Borges Chairman & ceo 1 Sep 2003 Other 4377647
Chad Steven Alfeld Vice president 1 Sep 2003 Other 4737038
Francisco L Borges Vice president 1 Sep 2003 Other 4377647
Chad S Alfeld Vice president 1 Sep 2003 Other 4737038
Gary P. Stevens Vice president 1 Jun 2004 Other 4888695
Gary Phillip Stevens Vice president 1 Jun 2004 Other 4888695
Robert John Dombi Vice president 1 Sep 2004 Other 4888725
Robert J. Dombi Vice president 1 Sep 2004 Other 4888725
Clementina Emilia Stpierre Vice president 1 Oct 2004 Other 4938014
Antoinette Cecilia Lazarus Chief compliance officer 1 Dec 2006 Other 1532100
James John Sunday Vice president, partner 1 Feb 2011 Other 2829486
Landmark Partners Llc Member 1 Apr 2011 75% - 100% 156871

Indirect Owners

The SEC currently registers 28 indirect owners.

Name Entity Date acquired Ownership Employer ID
Stanley F Alfeld Chairman/shareholder 1 Dec 1989 25% - 50% 4360902
Timothy L Haviland President/coo 1 Dec 1989 25% - 50% 4360908
Timothy Leonard Haviland President/coo 1 Dec 1989 25% - 50% 4360908
Francisco L Borges Chairman/ceo 1 Mar 1999 25% - 50% 4377647
Francisco Lopes Borges Chairman/ceo 1 Mar 1999 25% - 50% 4377647
Religare Enterprises Limited Shareholder 1 Dec 2010 75% - 100% n/a
Timothy Leonard Haviland President, coo 1 Apr 2011 Other 4360908
Francisco Lopes Borges Chairman, ceo 1 Apr 2011 Other 4377647
Inc. Religare Global Asset Management Shareholder 1 Apr 2011 50% - 75% 156864
Malvinder Mohan Singh Shareholder 1 Apr 2011 25% - 50% 5778146
Shivinder Mohan Singh Shareholder 1 Apr 2011 25% - 50% 5778145
Japna Malvinder Singh Shareholder 1 Apr 2011 25% - 50% 5904581
Aditi Shivinder Singh Shareholder 1 Apr 2011 25% - 50% 5904585
Rgam Corporation Private Limited Shareholder 1 May 2012 75% - 100% n/a
Limited Omam Uk Shareholder 1 Sep 2014 75% - 100% 98-1183573
Inc Omam Us Shareholder 1 Sep 2014 75% - 100% 47-1121020
Limited Brightsphere Uk Shareholder 1 Sep 2014 75% - 100% 98-1183573
Inc Brightsphere Us Shareholder 1 Sep 2014 75% - 100% 47-1121020
Brightsphere Investment Group Inc. Shareholder 1 Sep 2014 75% - 100% 47-1121020
Om Asset Management Plc Shareholder 1 Oct 2014 75% - 100% 98-1179929
Brightsphere Investment Group Plc Shareholder 1 Oct 2014 75% - 100% 98-1179929
Omam (Landmark) Llc Member 1 Aug 2016 50% - 75% 81-3180373
Landmark Investment Holdings Gp Llc General partner 1 Aug 2016 Other 99-9999999
Brightsphere (Landmark) Llc Member 1 Aug 2016 50% - 75% 81-3180373
Landmark Investment Holdings Lp Member 1 Sep 2016 25% - 50% 99-9999999
Omam Inc Member 1 Sep 2016 75% - 100% 04-2714625
Brightsphere Inc Member 1 Sep 2016 75% - 100% 04-2714625
Brightsphere Inc. Member 1 Sep 2016 75% - 100% 04-2714625

Based in Simsbury

The principal office where Landmark Realty Advisors LLC performs its advisory services is located at Attn: Antoinette Lazarus, Simsbury, CT 06070 2429, 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 860-651-9760 or by fax 860-651-8890. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at landmarkpartners.com and its LinkedIn profile.