Dfg Investment Advisers, Inc. (New York)

Name: Dfg Investment Advisers, Inc.
Address: 747 Third Avenue, New York, NY, 10017
Telephone: 212-488-1544

Dfg Investment Advisers, Inc. is a large advisory firm based in New York. It manages $5.63 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California and New York.

Dfg Investment Advisers provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, security ratings or pricing services, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dfg Investment Advisers: assets under management

The assets under management (AUM) of Dfg Investment Advisers, Inc. is $5.63 billion. The firm's AUM has grown by 472% since the beginning of its operation, and $5.51 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.54 billion in discretionary accounts and $96.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $291.38 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $19.25 million.

Dfg Investment Advisers has custody of $816.59 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 84% of the total AUM. The second-largest asset type is other assets, which make up 16% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dfg Investment Advisers, Inc. 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 Philip Michael Darivoff serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Philip Michael Darivoff is pooled investment vehicles with 19 clients and $4.8 billion of assets under management. Among the 8 most similar advisory firms, Dfg Investment Advisers has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.63 billion for 24 clients. 79% of the firm’s clients are foreign persons or businesses.

Dfg Investment Advisers also advises several private funds. Namely, four hedge funds and ten other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Dfg Investment Advisers, Inc.

The company employs 26 people that are either part- or full-time employees. 73 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 3 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.

Philip Michael Darivoff has been acting as President since 1 Oct 2013. L.P. Sente Strategic Master Fund joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dwm Inc.	Shareholder, class b	1 Dec 2006	Other	foreign entity
Volkan Kurtas	Chief executive officer, president, treasury, director, managing partner	1 Feb 2007	Other	5635674
Llc Vibrant Capital Partners	Shareholder, class a	1 Jun 2008	75% - 100%	26-4076837
Kimito Nmn Iwamoto	Secretary, director, managing partner	1 Jun 2008	Other	5635837
Kimito Iwamoto	Secretary, director, managing partner	1 Jun 2008	Other	5635837
Moritz Hilf	Chief compliance officer, director, managing partner	1 Jun 2008	Other	5635839
Kym George Frederick Anthony	Chairman of the board, director	1 Jun 2008	Other	2686890
Frank Anderson	Director	1 Jun 2008	Other	5640600
Omer Volkan Kurtas	Chief executive officer, president, director, managing partner	1 Sep 2008	Other	5635674
Moritz Friedrich Arne Hilf	Chief compliance officer, director, managing partner, treasurer	1 Sep 2008	Other	5635839
Volkan Kurtas	Chief executive officer, president, director, managing partner	1 Sep 2008	Other	5635674
Moritz Hilf	Chief compliance officer, director, managing partner, treasury	1 Sep 2008	Other	5635839
Philip Michael Darivoff	Director	1 Oct 2013	Other	1444494
Llc Vibrant Credit Partners	Relying adviser	1 May 2017	Other	82-1099848

Indirect Owners

The SEC currently registers 34 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dundee Corporation	Shareholder	1 Dec 1992	75% - 100%	foreign entity
Craig Myles Cogut	Member	1 Aug 1996	25% - 50%	5910917
The Cogut Family Trust	Member	1 Aug 1996	25% - 50%	95-6915283
Deobrah Charlotte Cogut	Member	1 Aug 1996	25% - 50%	6178129
Dundee Capital Corporation	Shareholder	1 Nov 1998	25% - 50%	foreign entity
Dundeewealth Inc.	Shareholder	1 May 2002	75% - 100%	foreign entity
Omer Volkan Kurtas	Member, ceo, director	1 Jun 2008	25% - 50%	5635674
Moritz Friedrich Arne Hilf	Director, member	1 Jun 2008	Other	5635839
Leon Mark Wagner	Director	1 Jun 2008	Other	847307
Andrew Robert Heyer	Director	1 Jun 2008	Other	1033769
Volkan Kurtas	Member	1 Jun 2008	50% - 75%	5635674
Leon Mark Wagner	Director, member	1 Oct 2010	75% - 100%	847307
Dwm Ii Inc.	Shareholder	1 Jan 2011	75% - 100%	foreign entity
Bank Of Nova Scotia	Shareholder	1 Mar 2011	75% - 100%	foreign entity
Llc Calm Investors	Member	1 Sep 2011	Other	38-3886219
Andrew Robert Heyer	Member	1 Aug 2012	25% - 50%	1033769
Llc Ljl 860 Consulting	Member	1 Aug 2012	25% - 50%	27-3790993
Llc Pegasus Capital	Member	1 Aug 2012	25% - 50%	06-1463162
Philip Michael Darivoff	Director, member	1 Jul 2013	25% - 50%	1444494
Paus2 (Investments) Gp Ltd.	General partner	1 Jul 2013	Other	foreign entity
Paus Gv (Investments) Ltd.	Limited partner	1 Jul 2013	25% - 50%	foreign entity
Paus2 Px (Investments) Ltd.	Limited partner	1 Jul 2013	50% - 75%	foreign entity
Government Of The Province Of Alberta	Shareholder	1 Jan 2014	75% - 100%	foreign entity
Peter Nmn Pontikes	Director	1 Nov 2015	Other	6594823
Paus Lp	Member	1 Nov 2015	Other	foreign entity
Inc. Dfg Investment Advisers	Member	1 Mar 2016	75% - 100%	148352
Ltd. Sente Strategic Fund	Member	1 May 2016	75% - 100%	foreign entity
Llc Sente Strategic Fund Gp	General partner	1 May 2016	Other	81-1700634
Paus Lp	Shareholder	1 May 2016	75% - 100%	foreign entity
Pausgv / Px (Investments) Ltd.	Limited partner	1 Mar 2017	75% - 100%	foreign entity
L.P. Sente Strategic Master Fund	Member	1 May 2017	Other	foreign entity
Lp Vibrant Credit Holdings	Member	1 May 2017	75% - 100%	foreign entity
Llc Vibrant Credit Gp	General partner	1 May 2017	Other	74-3199235
Inc. Dfg Investment Advisers	Member	1 May 2017	Other	148352

Based in New York

The principal office where Dfg Investment Advisers, Inc. performs its advisory services is located at 747 Third Avenue, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Torrance, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-488-1544 or by fax 212-488-1546. The normal business hours are 8:30 am to 5 pm on Monday - Friday. You can find more information about the New York firm at dfgia.com.