CIG ASSET MANAGEMENT, INC.
Adviser information for CIG ASSET MANAGEMENT, INC. 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 | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 4 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 395 | $134.0M |
| Non-Discretionary | 30 | $1.2M |
| Total | 425 | $135.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 66 | $20.6M |
| HNW Individuals | 38 | $105.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 94 | $1.2M |
| Pension and profit sharing plans | 12 | $7.5M |
| 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 | 4 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 134.0M |
| Portfolio Manager | 134.0M |
| Both for Same | 134.0M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| CIG ASSET MANAGEMENT | CIG ASSET MANAGEMENT, INC. |
Identifiers
| SEC RIA File Number | 801-66667 |
|---|---|
| SEC ERA File Number | 801-66667 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 123609 |
| Legal Entity Identifier | None |
Principal Office
ONE TOWNE SQUARESUITE 1850
SOUTHFIELD
MI
United States
Monday - Friday, 9:00 A.M. TO 5:00 P.M.
Tel: 248-827-1010, Fax: 248-827-7167
Chief Compliance Officer
KENNETH CHAPUT
ONE TOWNE SQUARE
SUITE 1850
SOUTHFIELD
MI
United States
Tel:
248-827-1010
Fax:
248-827-7167
K******@*********************M
(Full email address available in API data)
Regulatory Contact
OSMAN RADWAN MINKARA
MANAGING PRINCIPAL
ONE TOWNE SQUARE
SUITE 1850
SOUTHFIELD
MI
United States
Tel:
248-827-1010
Fax:
248-827-7167
O*******@*********************M
(Full email address available in API data)
Industry Affiliates
| CIG RISK MANAGEMENT, INC. | Insurance company or agency |
| CIG SECURITIES | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| CIG VENTURE MANAGEMENT, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| CIG CAPITAL PARTNERS, LP | Private Equity Fund | $0.0M | $0.3M | 71 |
| GEN ONE-CIG, LLC. | SPECIAL PURPOSE VEHICLE | $0.0M | $0.0M | 77 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MINKARA, OSMAN, RADWAN | Individual | – | CHIEF EXECUTIVE OFFICER/PRESIDENT | 10/1997 | < 5% |
| CIG CAPITAL ADVISORS (FORMERLY CIG CORP.) | Domestic Entity | – | OWNER | 10/2007 | > 75% |
| MINKARA, OSMAN, RADWAN | Individual | CIG CAPITAL ADVISORS (FORMERLY CIG CORP.) | OWNER | 10/2007 | > 75% |
| CHAPUT, KENNETH, GERARD | Individual | – | CHIEF COMPLIANCE OFFICER | 12/2013 | < 5% |