Advanced Portfolio Management, LLC (New York)

Name: Advanced Portfolio Management, LLC
Address: 1330 Avenue Of The Americas, New York, NY, 10019
Telephone: 212-838-4700

Advanced Portfolio Management, LLC is a large advisory firm based in New York. It manages $4.01 billion of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Advanced Portfolio Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Advanced Portfolio Management: assets under management

The assets under management (AUM) of Advanced Portfolio Management, LLC is $4.01 billion. The firm's AUM has grown by 507% since the beginning of its operation, and $2.4 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $481.06 million in discretionary accounts and $3.53 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $68.72 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $882.08 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advanced Portfolio Management, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Advanced Portfolio Management serves?

The only and largest group of clients of Advanced Portfolio Management is pooled investment vehicles with 7 clients and $481.06 million of assets under management. Among the 11 most similar advisory firms, Advanced Portfolio Management has the 6th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $481.06 million for 7 clients. 60% of the firm’s clients are foreign persons or businesses.

Advanced Portfolio Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Advanced Portfolio Management, LLC

The company employs 14 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’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.

Adri Guha has served as the Chief Investment Officer since 1 Jun 2012. Rahul Kakar joined the executive team most recently as the Principal.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Edward Kiernan	Ceo and managing member	1 Jul 2004	75% - 100%	1666924
Roy Donald Henriksson	Cio	1 Jul 2004	Other	2157075
Adri Guha	Head of manager analysis	1 Jul 2004	Other	4445719
Stanley Kogelman	Partner	1 Aug 2004	Other	1815514
Steven George Delaney	General counsel and chief compliance officer	1 Sep 2008	Other	1178132
Adri Guha	Director of research	1 Jun 2010	Other	4445719
Adri Guha	Chief investment officer	1 Jun 2012	Other	4445719
Adri Nmn Guha	Chief investment officer	1 Jun 2012	Other	4445719
Rahul Kakar	Principal	1 Jun 2018	Other	2556887
Rahul Nmn Kakar	Principal	1 Jun 2018	Other	2556887

Based in New York

The principal office where Advanced Portfolio Management, LLC performs its advisory services is located at 1330 Avenue Of The Americas, New York, NY 10019 The mailing address of the firm is 1330 Avenue Of The Americas, New York, NY 10019. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-838-4700 or by fax 212-838-0700. The normal business hours are 8am to 6pm on Monday - Friday. You can find more information about the New York firm at apmcap.com.