Private fund adviser · New York, NY
Carl Marks Management Company, LLC
SEC-registered investment adviser · CRD 107695 · SEC 801-41108
At a glance
Carl Marks Management Company, LLC is an SEC-registered investment adviser based in New York, New York, with $374 million in regulatory assets under management as of its Form ADV filed August 13, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 3,352nd of 4,686 private fund advisers and 9,108th of 17,210 SEC-registered advisers by assets.
Main office 212-909-8400carlmarks.comAs filed on Form ADV
- Regulatory AUM
- $374M
- Rank among private fund advisers
- #3,352 of 4,686
- Rank among all SEC RIAs
- #9,108 of 17,210
- Rank in New York
- #1,634 of 2,591
- Clients
- 4
- Accounts
- 4
- Discretionary
- 100% of AUM
- Employees
- 8
- Advisory staff
- 6
- Offices
- 1
Owners and executives on its Form ADV
- Robert C RuoccoManaging Member
- Andrew M. BoasManaging Member
- James F. WilsonManaging Member
- Maria A. RiosController
- Michael S. LeeManaging Member/chief Investment Officer
- Esteban J. RakelaManaging Member
- Brian ShanlyChief Compliance Officer
- Brian ShanlyChief Financial Officer
Custody and brokerage
Custodian
Carl Marks Management Company, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Affiliated broker-dealer
It names an affiliated broker-dealer: Carl Marks Securities LLC.
- Carl Marks Securities LLC ↗CRD 144209
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, March 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 4 | $374M | 100% |
Private funds
Carl Marks Management Company, LLC reports 4 private funds with $297M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Carl Marks Management Company, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗carlmarks.com ↗
AtlasMembers
The full record on Carl Marks Management Company, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
- Locked
- Growth over one, three and five years
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- Rank against 2,197 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Carl Marks Management Company, LLC manage?
Carl Marks Management Company, LLC reports $374 million in regulatory assets under management across 4 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 13, 2026.
What kind of firm is Carl Marks Management Company, LLC?
Carl Marks Management Company, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Carl Marks Management Company, LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($374 million, 4 clients).
Does Carl Marks Management Company, LLC manage private funds?
Yes. It reports 4 private funds with $297 million in gross assets, including hedge funds.
Does Carl Marks Management Company, LLC have any disciplinary history?
Carl Marks Management Company, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Carl Marks Management Company, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-13), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →