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.
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 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.
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.
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.
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.