Para Advisors, Inc. (New York)

Name: Para Advisors, Inc.
Address: 520 Madison Ave 8 Th Floor, New York, NY, 10022
Telephone: 212-355-6688

Para Advisors, Inc. is a large advisory firm based in New York. It manages $1.06 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Para Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Para Advisors: assets under management

The assets under management (AUM) of Para Advisors, Inc. is $1.06 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.06 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $106.29 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Para Advisors, Inc. 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.

Careers at Para Advisors, Inc.

Nedim Sadaka has been acting as President since 1 Aug 1993. David Jacob Brail joined the executive team most recently as the Chief Operating Officer; Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Ray	Chief compliance officer	1 Aug 1993	Other	5072035
Nedim Sadaka	President	1 Aug 1993	75% - 100%	1033604
David Jacob Brail	Chief operating officer	1 Jan 2003	Other	1536665
Nedim Sadaka	President; manager	1 Jan 2006	Other	1033604
David Jacob Brail	Chief operating officer; member	1 Jan 2006	Other	1536665
Ronald Ray	Chief financial officer	1 Jan 2006	Other	5072035
Inc. Para Advisors	Member	1 Jan 2006	50% - 75%	13-3729792
Richard Paul Mansouri	Member	1 Jan 2006	Other	2175506
Ethan Klemens Brown	Member	1 Jan 2006	Other	2383249
William Douglas Schrank	Member	1 Jan 2006	Other	3103859

Based in New York

The principal office where Para Advisors, Inc. performs its advisory services is located at 520 Madison Ave 8 Th Floor, New York, NY 10022, 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 212-355-6688 or by fax 212-888-5679. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.parapartners.com.