About Dominium Advisors
Dominium Advisors is a tech-enabled asset manager specializing in the acquisition and management of residential mortgage loans for insurance companies and other institutional investors. Dominium makes it simple for separate account fixed income investors to quickly and easily increase both portfolio diversification and yield via our efficient platform developed with decades of mortgage trading, investing and risk management experience.
We focus on newly originated residential mortgage loans made to high quality borrowers – GSE eligible, jumbo and non-QM.
About Our Leadership
Peter Simon
Founder, CEO
Peter has worked in mortgage finance, banking and insurance for more than 25 years. He was most recently the Treasurer and Chief Investment Officer of Essent Group, an NYSE listed mortgage insurance company. Peter helped launch the company as a startup in 2009. He managed Essent’s fixed income investment portfolio, its borrowing facilities, the strategic planning and forecasting function, the cash management and treasury functions for both domestic and international insurance companies and was active in venture and private equity investing. Prior to Essent he launched and managed a $15B residential loan investment portfolio for Ally Bank and led the Bank’s ALM function. He began his career at Fannie Mae where he had several roles in mortgage analytics, investing and technology. He earned a BA from the University of Pennsylvania and an MBA with a specialization in quantitative finance from Carnegie Mellon University.
Terry Manning
CFO & CCO
Terry has worked in finance, accounting, operations and controls for more than 25 years. He was most recently Vice President of Accounting for Essent Group, an NYSE listed mortgage insurance company. Prior to Essent, he was Director of Operations for Threshold Group, a registered investment advisor and multi-family office. Earlier in his career, Terry held several roles in finance and accounting, solutions, and operations at SEI Investments, a NASDAQ listed global provider of asset management, technology and operational outsourcing. He also has been an adjunct professor at two colleges in the Philadelphia area. Terry began his career as an auditor and business consultant with Arthur Andersen. He is a licensed CPA and a member of the American Institute of CPAs. Terry earned a BS in Accounting from Villanova University and an MBA with a concentration in Finance from Saint Joseph’s University.
Hari Varadhan
CTO
Hari has worked in technology, data and mortgage finance for more than 15 years. He recently led the data engineering and analytics functions at FinLocker, a fintech company providing personalized financial solutions and experiences. He managed data and advised company strategy and product development based on analytics and insights. Prior to FinLocker, at Fannie Mae, he built and managed a team of data scientists and engineers working on large loan related datasets including the loan application, closing and appraisal data. Hari was responsible for increasing operational efficiencies in the delivery of loans to Fannie Mae with the help of data analytics and predictive models. He began his career at MSCI where he had various roles in technology, data analysis, ESG and climate metrics research. Hari earned a Masters degree in Computer Science from SUNY at Stony Brook and a J.D. from Georgetown University Law Center.
Investment Strategy
Turnkey Investment Process
Investing in mortgage loans should be as easy as investing in CUSIPs. Our loan diligence and settlement workflow, our enterprise level data management model, our powerful risk analytics, and our unique legal structure enable any investor without any loan investment infrastructure to access the market on the same terms as the biggest, most experienced investors. We will provide all the operational and investment solutions any investor requires.
Pre-Purchase Operational Rigor
We buy from only high-quality approved counterparties with strong loan manufacturing processes. We buy only well underwritten products. And we tightly manage the review of loan documents and loan collateral so that manufacturing defects and compliance risk are minimized.
Co-Operative Pricing Model
We have vetted and negotiated partnerships with best-in-class partners to provide loan servicing, life of loan data management, document custody and trust services at prices that even smaller loan portfolios will find economical. We have marshalled the collective buying power of all our clients to attain competitive fees for each individual client.
Portfolio "Best-Ex”
Investors will receive loan level yield and risk information each day on the new origination loan market. Based on each investor’s yield target and risk appetite, we will use analytics and data science to recommend a purchase strategy that maximizes yield and minimizes risk subject to constraints around credit risk, interest rate risk, concentration risk and tail risk. Dominium will then execute an investment strategy looking at current trends in loan origination and other market dynamics to acquire a portfolio that best meets the stated yield and risk objectives.
Insurance Friendly Structure
For insurance clients, investing in loans in separately managed accounts brings favorable risk-based capital treatment, favorable statutory accounting treatment and presents an opportunity to add low cost, efficient leverage from the Federal Home Loan banking system.
Loan Data Management
Powered by our partner, RiskSpan, all loan data and digitized documents will be held in a single data warehouse. Transaction and other performance activities related to each loan will be collected into the same data warehouse. The result, a life-of-loan data repository, is unique in the loan investment industry and will serve a similar function that bond custodians serve for CUSIP investors.
Robust Asset Management Platform
Risk, accounting, market, and performance data on each loan will be available to investors on a daily basis via custom risk reports. Statutory accounting schedules will also be provided to insurance investors.
Contact Us
Dominium Advisors
300 Brookside Ave
Building 4 Suite 125
Ambler, PA 19002
1-215-346-7919
Dominium Advisors, Inc. (“Dominium”) is exempt from registration as an investment advisor with the SEC. Dominium’s website is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Dominium’s website should not be construed by any consumer and/or prospective client as Dominium’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Dominium with a prospective client shall be conducted by a representative that qualifies for an exemption from registration as an investment advisor representative.
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This website is provided for guidance and information purposes only. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy. This website and information are not intended to provide investment, tax, or legal advice.