Greenline Partners, LLC is a large advisory firm based in New York. It manages $471 million of regulatory assets for 29 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.
Greenline Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and asset allocation advisory. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Greenline Partners, LLC is $471 million. The firm's AUM has grown by 963% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Greenline Partners, LLC for their services and products based on a percentage of assets under management and fixed 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 only and largest group of clients of Greenline Partners is high net worth individuals with 24 clients and $177 million of assets under management. Among the 12 most similar advisory firms, Greenline Partners has the 6th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $177 million for 24 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Greenline Partners doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 40 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Greenline Partners, LLC performs its advisory services is located at 521 Fifth Avenue, New York, NY 10175, 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 212-292-4294 or by fax 646-863-4416. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at glinepartners.com.