Stephen Bick is a CFA-designated registered investment advisor at Cottingham Management Company, LLC, based in Carlsbad, CA, with 24 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments. Their firm serves 3 clients with $29M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cottingham Management Company manages investments for three funds, each with its own fee structure:
- Cottingham Development Fund: Charges 2% of the fund's value per year, billed quarterly, plus an incentive allocation of 20% of profits exceeding prior losses, calculated annually.
- Cottingham Income Fund: Charges 1% of the fund's value per year, billed monthly. Also receives a special profit allocation of 10% of the amount by which the investor’s capital account exceeds the value at the start of the fiscal year plus a 6% hurdle rate.
- Ubuntu Income and Private Equity Fund: Does not receive a management fee. The general partner receives a performance-based fee when realized gains exceed disclosed thresholds, a portion of which is paid to Cottingham.
Location
2794 Gateway Road, Carlsbad, CA, 92009
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Stephen is the CEO of The Hawaii Fudge Company (confectionary production) and Boundary Acquisition (backpack manufacturing), and an advisor to the CEO of Majella Assisted Living. He also serves as Investment Manager for Lead Commerce and Manager for Ubuntu Income and Private Equity Fund GP, LLC, dedicating varying amounts of time to each role.
Employment History
Current Registrations
Cottingham Management Company, LLC
State Registrations1 state
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