System 2 Advisors, L.P. is a large advisory firm based in Summit. It manages $265.6 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of New Jersey and New York.
System 2 Advisors provides portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of System 2 Advisors, L.P. is $265.6 million. The firm's AUM has grown by 469% since the beginning of its operation, and $178 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay System 2 Advisors, L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of System 2 Advisors is pooled investment vehicles with 3 clients and $78 million of assets under management. Among the 7 most similar advisory firms, System 2 Advisors has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $117 million for 4 clients. 67% of the firm’s clients are foreign persons or businesses.
System 2 Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Robert Carlisle Jones has served as the Chief Investment Officer since 1 Apr 2012. Peter Frame Marquardt joined the executive team most recently as the Chief Compliance Officer.
The principal office where System 2 Advisors, L.P. performs its advisory services is located at 47 Maple Street, Summit, NJ 07901, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 908-608-8800. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday.