Solas Capital Management, Llc (Darien)
Solas Capital Management, Llc Is a Large Advisory Firm Based in Darien. It Manages $287.51 Million of Regulatory Assets for 3 Client Accounts. It Has Been...
Solas Capital Management, LLC is a large advisory firm based in Darien. It manages $287.51 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.
Solas 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.
Solas Capital Management: assets under management
The assets under management (AUM) of Solas Capital Management, LLC is $287.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 380% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $287.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $95.84 million each.
Solas Capital Management has custody of $76.95 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Solas Capital 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.
Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.
