Applied Derivative Research or "ADR"
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$100,000
Total clients
2
100% high-net worth
Total advisors
1
Firm size
Independent
1 advisor
Average clients per advisor
2
Average account size
$50,000
About
Applied Derivative Research provides discretionary and non-discretionary portfolio management and advisory services to a diverse set of clients, including high-net-worth individuals and institutional investors, and also advises pooled investment vehicles. The firm offers tailored support ranging from full investment management to manager selection, impact evaluation and due diligence for clients that retain varying degrees of oversight.
The firm’s investment approach combines bottom-up fundamental research with a thematic top-down overlay focused on sustainable and impact-oriented opportunities, and it employs long and short positions and derivative instruments when appropriate. Applied Derivative Research works with clients through customized mandates and extension services for in‑house investment offices, providing both strategic asset allocation advice and active portfolio implementation.
Compared with peers, the firm is notable for offering performance‑based compensation arrangements and percentage‑of‑AUM billing, and for providing portfolio management for pooled vehicles while also performing selection of other advisers—capabilities that are uncommon for advisors of its size. It is also atypical in serving both institutional and individual/HNW clients while managing a very small asset base and a limited number of client relationships, which tends to produce highly negotiated, bespoke engagement terms.
Client services
Expertise
Fee options
0% to 2% (varies by client and negotiated factors)
Performance allocation ranges from 0% to 30% of net profits, subject to high-water mark and client eligibility (minimum 1 year relationship)
Account minimum: $1,000,000 (may be waived at firm's discretion)
Main office location
Applied Derivative Research or "ADR"
Brookeville MD, United States
Number of offices
1
Most active in
Maryland
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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