COMMONWEALTH CREDIT ADVISORS, LLC
Adviser information for COMMONWEALTH CREDIT ADVISORS, LLC last updated from Form ADV on March 29th, 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 | 111 |
|---|---|
| Investment Advisory/Research | 80 |
| Registered Broker-Dealer Representatives | 1 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 3 | $1.3B |
| Non-Discretionary | 0 | $0 |
| Total | 3 | $1.3B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 1 | $707.3M |
| Pooled investment vehicles | 2 | $561.5M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for investment companiesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-120445 |
|---|---|
| SEC ERA File Number | 801-120445 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 312541 |
| Legal Entity Identifier | None |
Principal Office
360 S. ROSEMARYSUITE 1700
WEST PALM BEACH
FL
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 561-727-2000, Fax: None
Websites
Chief Compliance Officer
CECILIO M. RODRIGUEZ
CHIEF FINANCIAL OFFICER
360 S. ROSEMARY
SUITE 1700
WEST PALM BEACH
FL
United States
Tel:
(561) 727-2010
C**********@**********M
(Full email address available in API data)
Regulatory Contact
MICHAEL ALTSCHULER
GENERAL COUNSEL
360 S. ROSEMARY
SUITE 1700
WEST PALM BEACH
FL
United States
Tel:
(561)727-2060
M***********@**********M
(Full email address available in API data)
Industry Affiliates
| COMVEST ADVISORS LLC | Other investment adviser, including financial planners |
| COMVEST CAPITAL ADVISORS, LLC | Other investment adviser, including financial planners |
| COMVEST CREDIT ADVISORS (LUXEMBOURG), LLC | Other investment adviser, including financial planners |
| COMVEST CREDIT ADVISORS, LLC | Other investment adviser, including financial planners |
| COMVEST CREDIT MANAGERS, LLC | Other investment adviser, including financial planners |
| COMVEST EQUITY ADVISORS, LLC | Other investment adviser, including financial planners |
| COMVEST SG ADVISORS LLC | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| COMVEST STRUCTURED NOTE ISSUER I LLC | Securitized Asset Fund | $508.0M | $2.0M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| COMVEST GROUP HOLDINGS II LP | Domestic Entity | – | MANAGING MEMBER | 11/2020 | > 75% |
| LEE, DANIEL, CHARLES | Individual | – | PARTNER | 11/2020 | < 5% |
| RODRIGUEZ, CECILIO, MANUEL | Individual | – | CHIEF COMPLIANCE OFFICER/CHIEF FINANCIAL OFFICER | 11/2020 | < 5% |
| O'SULLIVAN, ROBERT, ANTHONY | Individual | – | MANAGING PARTNER | 11/2020 | < 5% |
| FALK, MICHAEL, STEWART | Individual | – | FOUNDER/CEO/MANAGING PARTNER | 11/2020 | < 5% |
| MARRERO, ROGER, JOSE | Individual | – | SENIOR PARTNER | 11/2020 | < 5% |
| REYNOLDS, GREGORY, WALTER | Individual | – | PARTNER | 11/2020 | < 5% |
| GELBERD, JASON, PHILLIP | Individual | – | PARTNER | 11/2020 | < 5% |
| ALTSCHULER, MICHAEL, LEE | Individual | – | GENERAL COUNSEL | 11/2020 | < 5% |
| CHAWLA, MANEESH, KUMAR | Individual | – | SENIOR PARTNER | 11/2020 | < 5% |
| COMVEST MANAGEMENT HOLDINGS LP | Domestic Entity | COMVEST GROUP HOLDINGS LP | LIMITED PARTNER | 02/2020 | > 75% |
| FALK, MICHAEL, STEWART | Individual | COMVEST GROUP GP II LLC | MEMBER AND MANAGER | 11/2020 | > 75% |
| COMVEST GROUP GP, LLC | Domestic Entity | COMVEST MANAGEMENT HOLDINGS LP | GENERAL PARTNER | 02/2020 | |
| COMVEST GROUP HOLDINGS LP | Domestic Entity | COMVEST GROUP HOLDINGS II LP | LIMITED PARTNER | 11/2020 | > 75% |
| COMVEST GROUP GP II LLC | Domestic Entity | COMVEST GROUP HOLDINGS II LP | GENERAL PARTNER | 11/2020 | |
| COMVEST GROUP GP, LLC | Domestic Entity | COMVEST GROUP HOLDINGS LP | GENERAL PARTNER | 02/2020 | |
| FALK, MICHAEL, STEWART | Individual | COMVEST GROUP GP, LLC | MANAGING MEMBER | 09/2009 | > 75% |