ReMY is a California corporation that has been in business since 1993. It serves as the investment
adviser for a limited number of clients, and as the general partner of a limited number of investment
limited partnerships. ReMY’s President, controlling owner and primary portfolio manager is Mark
S. Siegel. Mr. Siegel also acts as a co-general partner, with ReMY of one of the investment limited
partnerships.
ReMY separates its assets into two broad categories described below: 1) Discretionary Investor
Services, and 2) Non-Discretionary Consulting Services. As of December 31, 2022, Discretionary
Services regulatory assets under management were approximately $431 million. Non-Discretionary
Services regulatory assets under management were approximately $351 million.
ReMY provides two distinct services for its clients:
1. Consultants.
ReMY provides two distinct services for its clients. As "Consultants," ReMY advises high net worth
individuals (and families) with respect to:
(a)Determining "Investment Objectives" for clients and for their investment entities
(including, in many cases, entities created for multi-generational family planning);
(b)Creating an "Asset Allocation Plan" to pursue the clients' objectives on an absolute and
risk-adjusted basis (with sensitivity to tax issues when and if appropriate);
(c)Selecting "Appropriate Managers" to fulfill the mandates of the chosen asset allocation
plans; and
(d)"Monitoring the Performance of the Managers" to assist the clients in determining whether
their objectives are being met.
ReMY also provides consulting services whereby it provides direct private placement (hedge fund or
private equity) research and ongoing monitoring on behalf of clients. ReMY will monitor such private
placements and may recommend the sale or purchase of new interests.
ReMY has sought to limit its business to a restricted number of individuals (and families) with
substantial assets so as to be able to offer its clients the custom-tailored service that they desire.
ReMY assists its clients by identifying their unique financial challenges and then designs a
comprehensive long-term solution to meet each clients’ needs and goals.
Moreover,
ReMY – working in concert with the client’s other advisors – frequently provides other
business advice to these same high net worth individuals, including assistance with business, estate,
tax and retirement planning.
ReMY believes that its personnel, its financial independence, and its emphasis on after-tax returns
distinguishes it from many other firms offering services to high-net-worth individuals and families.
In summary, ReMY offers its clients comprehensive wealth management which seeks to assure that
the clients’ assets work in concert to meet objective and measurable goals. ReMY often uses the
term “Financial Architecture” to describe the overall plan it provides for clients – a plan designed to
maximize the returns that a client can achieve from his or her own business activities (where
applicable) together with the investments that ReMY helps the client make.
2.Investors.
As "Investors," ReMY assists certain clients by making available proprietary illiquid investments,
and pooled partnerships for their illiquid and other types of investments. Investments in the pooled
partnerships have been offered to certain clients taking into consideration the asset allocation and
management style selected by the client.
ReMY provides continuous advice regarding investments based on the individual needs of a client.
Through discussions in which goals and objectives based on a client's particular circumstances are
established, ReMY helps each client develop its investment strategy and creates and manages a
portfolio based on that strategy.
ReMY manages these advisory accounts on a discretionary basis only. Account supervision is guided
by the stated objectives of the client as outlined in the Investment Policy Statement or advisor
guideline statement of that client.
ReMY will create a portfolio typically consisting of mutual funds, separately managed accounts,
Exchange-Traded Funds (ETF's), individual debt and equity securities, exchange-listed closed-end
funds, limited partnerships, offshore corporations, and/or private placements, including hedge funds,
direct private debt transactions, direct private equity transactions and ReMY’s proprietary pooled
investment vehicles.