DUCENTA SQUARED ASSET MANAGEMENT
R SQUARED BM LLC Legal Name
Adviser information for DUCENTA SQUARED ASSET MANAGEMENT last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 19 |
|---|---|
| Investment Advisory/Research | 11 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 7 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 471 | $3.2B |
| Non-Discretionary | 1 | $348.8M |
| Total | 472 | $3.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 313 | $197.9M |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 23 | $1.6B |
| Charitable organizations | 31 | $106.9M |
| State or municipal gov entities | 20 | $427.8M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 83 | $1.0B |
| Other | <5 | $269.6M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 2 |
| No. of Non-U.S. Clients | 7 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 537.3M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| MANAGED ACCOUNTS CONSULTING (MAC) | UBS FINANCIAL SERVICES INC. |
| OUTSIDE MANAGER PROGRAM (OMS) | RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC |
| STRATEGIC WEALTH PORTFOLIO (SWP) | UBS FINANCIAL SERVICES INC. |
| INVESTMENT MANAGEMENT SERVICES (IMS) | MORGAN STANLEY |
| MANAGED ACCOUNT MARKETPLACE | CHARLES SCHWAB & CO., INC. |
| MANAGED ACCOUNT PROGRAM | RBC CAPITAL MARKETS, LLC |
| UNIFIED MANAGED ACCOUNT (UMA) | MANAGED ACCOUNT ADVISORS LLC |
| ACCESS | UBS FINANCIAL SERVICES INC. |
| CLASSIC | JANNEY MONTGOMERY SCOTT LLC |
| INVESTMENT ADVISORY PROGRAM (IAP) | MANAGED ACCOUNT ADVISORS LLC |
| NEWEDGE WEALTH | NEW EDGE WEALTH |
Identifiers
| SEC RIA File Number | 801-118857 |
|---|---|
| SEC ERA File Number | 801-118857 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 308920 |
| Legal Entity Identifier | 254900E1D4IHTSCCMM32 |
Principal Office
555 W. 5TH STREETSUITE 3700
LOS ANGELES
CA
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: (213) 687-9170, Fax: None
Chief Compliance Officer
JASON RALL
555 W. 5TH STREET
SUITE 3700
LOS ANGELES
CA
United States
Tel:
(213) 269-0602
J*********@*****************M
(Full email address available in API data)
Regulatory Contact
MICHAEL WU
EXTERNAL COUNSEL
101 CALIFORNIA STREET
35TH FLOOR
SAN FRANCISCO
CA
United States
Tel:
(415) 591-6818
M***@**********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| RSMD INVESTCO LLC | Domestic Entity | – | SHAREHOLDER | 03/2020 | > 75% |
| KANG, MYUNGKYU, DAVID | Individual | – | CHAIRMAN AND CEO | 03/2020 | < 5% |
| KIM, BRIAN, YUHYUN | Individual | – | PRESIDENT - ADMINISTRATION | 03/2020 | < 5% |
| KANG, MYUNGKYU, DAVID | Individual | RSMD INVESTCO LLC | MANAGING MEMBER | 06/2019 | 25-50% |
| LEUNG, MICHAEL | Individual | RSMD INVESTCO LLC | MEMBER/SHAREHOLDER W/O MANAGEMENT RIGHTS | 06/2019 | 25-50% |
| RALL, JASON | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2020 | < 5% |
| BROTHERS, JEFFREY, ERIC | Individual | – | ADVISOR | 08/2020 | < 5% |
| DAMIANI, JOEL, Anthony | Individual | – | CHIEF INVESTMENT OFFICER | 01/2024 | < 5% |
| TORLINE, TIMOTHY, PATRICK | Individual | – | PRESIDENT INVESTMENT OPERATIONS | 01/2024 | < 5% |