Cercano Management LLC

RIASEC RegisteredEst. 2021
Total AUM
$7.3B
Discretionary
$7B
97% of AUM
Avg account
$152M
Accounts
48
Employees
62
Advisory reps
8

Firm details

Headquarters
Bellevue, Washington
CRD number
315897
Registered since
December 30, 2021
Website
www.cercanolp.com
Custodians
GOLDMAN SACHS & CO. LLC, NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC., JPM SECURITIES, LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types
  • Pooled Investment Vehicles86.36%
  • HNWI8.1%
  • Corporations / Businesses5.54%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Cercano Management LLC is an independent SEC-registered investment adviser (registered in 2021) that functions as a capital allocator for both high-net-worth individuals/families and institutional clients. The firm provides financial planning and portfolio management across individual, pooled-vehicle, and institutional mandates, and also performs adviser-selection services. It acts in sponsor and manager roles for pooled investment vehicles and is registered to perform certain futures/commodities activities (CPO/CTA). Cercano charges a mix of fee types—percentage of AUM, fixed fees, hourly fees and performance-based fees—and is not positioned as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 57%, Public Funds/Mutual Funds 16%, Private Funds 12%, State & Local Bonds 6%, Other 4%, Investment Grade Corp Bonds 3%, Non-Investment Grade Corp Bonds 1%, Cash & Cash Equivalents 1%57%
  • Exchange Traded Equities57%
  • Public Funds/Mutual Funds16%
  • Private Funds12%
  • State & Local Bonds6%
  • Other4%

Owners & executives

3 of 3
  • Joel Shoop

    Joel Shoop

    Partner & Chief Financial OfficerCRD 7581279

  • Malinda Khauv

    Chief Compliance OfficerCRD 6334664

  • Patricia Halper

    Co-Chief Investment OfficerCRD 2915076

Contacts

3 of 5
  • Yongbai Choi

    Yongbai Choi

    Venture CapitalCRD 4568474

  • Albert Hwang

    Albert Hwang

    Executive Vice PresidentCRD 5549734

  • Jason Butler

    Jason Butler

    Director, Wealth ManagementCRD 5146821

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 26

Active vs passive

$259M in ETFs

Passive

99%

$256M

Active

1%

$3.1M

ETFProviderStyleCategoryValueShares% of portfolio
INVESCO S&P 500 EQUAL WEIGHT ETF (RSP)InvescoPassiveLarge Blend$47M221,05518.17%
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Location

Primary office

Bellevue, WA

King

Location

Bellevue, WA

Headquartered in Bellevue, WA, anchoring the Seattle-Tacoma, WA metro in the West.

Metro area
Seattle-Tacoma, WA
Region
West
County
King
Address
1110 112th Ave Ne
Time zone
PT (UTC-8)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth