Algert Global LLC (San Francisco)

Name: Algert Global LLC
Address: 101 California Street, San Francisco, CA, 94111
Telephone: 415-675-7300

Algert Global LLC is a large advisory firm based in San Francisco. It manages $2.79 billion of regulatory assets for 36 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and New York.

Algert Global provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and portfolio management for foreign registered investment company (ucits). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Algert Global: assets under management

The assets under management (AUM) of Algert Global LLC is $2.79 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 162% since the beginning of its operation, and $1.48 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.79 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $77.52 million each.

Algert Global has custody of $778.54 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Algert Global LLC for their services and products based on a percentage of assets under management 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 Algert Global serves?

The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Algert Global is pooled investment vehicles with 10 clients and $1.58 billion of assets under management. Among the 7 most similar advisory firms, Algert Global has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.79 billion for 36 clients. 25% of the firm’s clients are foreign persons or businesses.

Algert Global also advises several private funds. Namely, four hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Algert Global LLC

The company employs 24 people that are either part- or full-time employees. 38 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter Michael Algert	Managing member	1 Jun 2002	50% - 75%	4501880
Jamshaud Zovein	Chief operating officer	1 Jun 2014	Other	4683864
Wendy Wu Shang	Chief compliance officer	1 Jul 2014	Other	4577448
Andrew Sonick	Member	1 Mar 2015	Other	6471223
Abraham Ives Zeigler	Member	1 Mar 2015	Other	4029490
Scott A Draper	Member	1 Mar 2015	Other	4320604
Andrew Jared Sonick	Member	1 Mar 2015	Other	6471223
Scott Anthony Draper	Member	1 Mar 2015	Other	4320604
Andrew Jared Solnick	Member	1 Mar 2015	Other	6471223
Peter Thomas Comerford	Chief operating officer	1 Sep 2016	Other	6705655
Ryan Zentner Lafond	Deputy chief investment officer	1 Jan 2017	25% - 50%	3263381

Based in San Francisco

The principal office where Algert Global LLC performs its advisory services is located at 101 California Street, San Francisco, CA 94111, 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 415-675-7300 or by fax 415-463-7865. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at algertglobal.com.