Weiss Multi Strategy Advisers LLC (New York)

Name: Weiss Multi Strategy Advisers LLC
Address: 320 Park Avenue, New York, NY, 10022
Telephone: 212-415-4500

Weiss Multi Strategy Advisers LLC is a large advisory firm based in New York. It manages $5.79 billion of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.

Weiss Multi Strategy Advisers provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Weiss Multi Strategy Advisers: assets under management

The assets under management (AUM) of Weiss Multi Strategy Advisers LLC is $5.79 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3283% since the beginning of its operation, and $1.27 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.79 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $482.11 million each.

Weiss Multi Strategy Advisers has custody of $4.24 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 45% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 18% of the firm’s portfolio. Investments in government bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Weiss Multi Strategy Advisers LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Weiss Multi Strategy Advisers serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Weiss Multi Strategy Advisers is pooled investment vehicles with 5 clients and $3.64 billion of assets under management. Among the 5 most similar advisory firms, Weiss Multi Strategy Advisers has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.79 billion for 12 clients. 25% of the firm’s clients are foreign persons or businesses.

Weiss Multi Strategy Advisers also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Weiss Multi Strategy Advisers LLC

The company employs 118 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George Allen Weiss	Manager, chief executive officer, executive committee member	1 May 2005	Other	462367
Frederick Edmund Doucette	Manager, chief operating officer, executive committee member	1 May 2005	Other	859210
Llc Gwa	Member	1 May 2005	75% - 100%	06-1457079
Steven Charles Kleinman	Chief financial officer, senior vice president, chief compliance officer	1 May 2005	Other	1094564
David Michael Call	Chief legal officer	1 May 2005	Other	2777046
Marcus Allen Peckman	Chief financial officer, senior vice president	1 Jun 2008	Other	1386477
Scott Cauchois Sartorius	Executive committee member, senior vice president	1 Jul 2008	Other	1039870
Jordi Charles Visser	Executive committee member, president	1 Jul 2008	Other	1779818
Ron Mordechai Lior	Executive committee member, senior vice president	1 Jul 2008	Other	2891418
Jeffrey Daryll Dillabough	General counsel, senior vice president	1 May 2009	Other	5692647
Lundy Richard Wright	Executive committee member, senior vice president	1 Jul 2009	Other	1757377
Stephen Thomas Murphy	Chief compliance officer	1 Feb 2010	Other	2340624
David Francis Betten	Executive committee member, senior vice president	1 Aug 2010	Other	2537748
Daniel Scott Gluck	Executive committee member, senior vice president, portfolio manager	1 Jul 2013	Other	4420683
Jay Scott Tucker	Executive committee member, senior vice president, portfolio manager	1 Jul 2014	Other	1429037
Jay Ira Goldstein	Chief financial officer	1 Nov 2014	Other	3172885
Peter Charles Jachym	President - insurance business development	1 Jan 2018	Other	1014531
Clinton Andrew Matter	Executive committee member, senior vice president	1 Jan 2018	Other	2764252
Victoria Cornell Stearns	Chief compliance officer	1 Mar 2018	Other	4981651
Scott Anthony Crowell	Chief financial officer	1 Aug 2019	Other	7172265

Indirect Owners

The SEC currently registers 16 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Weiss Family Interests Llc	Member	1 Apr 1997	75% - 100%	06-1486184
Inc. George Weiss Associates	Member	1 Apr 1997	Other	7683
George Allen Weiss	Member	1 Apr 1997	50% - 75%	462367
David Michael Call	Member, trustee-irrevocable trust for deborah weiss & allison weiss	1 Apr 1997	25% - 50%	2777046
Steven Charles Kleinman	Member, trustee-irrevocable trust for deborah weiss & allison weiss	1 Apr 1997	25% - 50%	1094564
Weiss Family Interests Llc	Member	1 Jun 1997	25% - 50%	06-1486184
George A. Weiss Revocable Trust	Member	1 Jun 1997	25% - 50%	xxx-xx-xxxx
Steven Charles Kleinman	Trustee-irrevocable trust for deborah weiss & allison weiss, member	1 Jul 1997	25% - 50%	1094564
David Michael Call	Trustee-irrevocable trust for deborah weiss & allison weiss, member	1 Jul 1997	25% - 50%	2777046
George Allen Weiss	Trustee	1 Apr 1999	75% - 100%	462367
Weiss Family Interests Llc	Member	1 Oct 2010	75% - 100%	06-1486184
Benjamin Penn Llc	Member	1 May 2011	25% - 50%	45-2050737
Weiss Family Interests Llc	Member	1 May 2011	75% - 100%	06-1486184
Benjamin Penn Llc	Member	1 Jun 2011	25% - 50%	45-2050737
George A. Weiss Revocable Trust	Member	1 Dec 2012	25% - 50%	xxx-xx-xxxx
Jeffrey Daryll Dillabough	Trustee-irrevocable trust for deborah weiss & allison weiss, member	1 Nov 2014	25% - 50%	5692647

Based in New York

The principal office where Weiss Multi Strategy Advisers LLC performs its advisory services is located at 320 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-415-4500 or by fax 212-935-0985. The normal business hours are 9 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at gweiss.com.