Gargoyle Investment Advisor L.L.C. (Englewood)

Name: Gargoyle Investment Advisor L.L.C.
Address: 285 Grand Avenue, Englewood, NJ, 07631 4369
Telephone: (201) 227-2200

Gargoyle Investment Advisor L.L.C. is a large advisory firm based in Englewood. It manages $146.51 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of New Jersey.

Gargoyle Investment Advisor L.L.C provides 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.

Gargoyle Investment Advisor L.L.C: assets under management

The assets under management (AUM) of Gargoyle Investment Advisor L.L.C. is $146.51 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -68% since the beginning of its operation, and $8.8 million of the total AUM is attributable to clients outside of the United States.

The firm manages $146.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.42 million each.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is derivatives, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gargoyle Investment Advisor L.L.C. 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.

What kind of clients Joshua Benjamin Parker serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Joshua Benjamin Parker is pooled investment vehicles with 4 clients and $145.32 million of assets under management. Among the 9 most similar advisory firms, Gargoyle Investment Advisor L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $146.51 million for 6 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 17% of the firm’s clients are foreign persons or businesses.

Gargoyle Investment Advisor L.L.C also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Gargoyle Investment Advisor L.L.C.

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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.

Joshua Benjamin Parker has been acting as President since 1 Nov 1998. Alan Lee Salzbank joined the executive team most recently as the President And Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joshua Benjamin Parker	President	1 Nov 1998	Other	2153033
Phillip Stephen Martin	Chief technology officer	1 Nov 1998	Other	2364579
Alan Lee Salzbank	Chief risk manager	1 Nov 1998	Other	836849
Charles Goodgal	Managing member	1 Nov 1998	Other	727366
Bruce Thorner Rogoff	Managing member	1 Nov 1998	Other	2360628
Phillip Stephen Martin	Chief technology officer and chief risk officer	1 Nov 1999	Other	2364579
Phillip Stephen Martin	Managing member	1 Jan 2000	Other	2364579
Alan Lee Salzbank	Managing member	1 Jan 2000	Other	836849
Harvey Jay Easterling	Managing member	1 Jan 2007	Other	2401233
Alan Stephen Mackenzie	Cfo/coo	1 Mar 2007	Other	1894209
Andrew Edward Hurni	Chief compliance officer	1 Aug 2007	Other	4714929
Drew E. Hurni	Chief compliance officer	1 Aug 2007	Other	4714929
Alan Stephen Mackenzie	Chief financial officer	1 Aug 2007	Other	1894209
Drew Edward Hurni	Chief compliance officer	1 Aug 2007	Other	4714929
Gargoyle Group Holdings L.L.C.	Managing member	1 Jan 2010	75% - 100%	27-1722695
Thomas Francis Concannon	Director of trading operations	1 Jan 2017	Other	2360625
William Joseph Irwin	Director of sales and marketing	1 Jan 2017	Other	4710882
Joshua Benjamin Parker	Co-chief executive officer	1 Jan 2018	Other	2153033
Alan Lee Salzbank	President and chief investment officer	1 Jan 2018	Other	836849
William Joseph Irwin	Co-chief executive officer and chief compliance officer	1 Jan 2018	Other	4710882

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Alan Stephen Mackenzie	Member	1 Jan 2010	Other	1894209
Phillip Stephen Martin	Member	1 Jan 2010	Other	2364579
Joshua Benjamin Parker	Member	1 Jan 2010	Other	2153033
Alan Lee Salzbank	Member	1 Jan 2010	Other	836849
Charles Goodgal	Member	1 Jan 2010	25% - 50%	727366
Bruce Thorner Rogoff	Member	1 Jan 2010	25% - 50%	2360628
Thomas Francis Concannon	Principal member	1 Dec 2016	Other	2360625
William Joseph Irwin	Principal member	1 Dec 2016	Other	4710882

Based in Englewood

The principal office where Gargoyle Investment Advisor L.L.C. performs its advisory services is located at 285 Grand Avenue, Englewood, NJ 07631 4369, 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 (201) 227-2200 or by fax (201) 894-5884. The normal business hours are 9:00 a.m. to 5:00 p.m. (et) on Monday - Friday. You can find more information about the New York firm at gargoylegroup.com.