Belmont Global Advisors, Inc. is a large advisory firm based in Dallas. It manages $289.38 million of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Texas.
Belmont Global Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.
The assets under management (AUM) of Belmont Global Advisors, Inc. is $289.38 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Belmont Global 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of John Phillips Boone is pooled investment vehicles with 12 clients and $252.04 million of assets under management. Among the 11 most similar advisory firms, Belmont Global Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $289.38 million for 47 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Belmont Global Advisors also advises several private funds. Namely, six hedge funds and three private equity funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $2,000,000.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
John Phillips Boone has been acting as President since 1 May 2015. Virginia Walsh Eulich joined the executive team most recently as the Executrix Of The Estate Of John Freeman Eulich Deceased/Shareholder.
The principal office where Belmont Global Advisors, Inc. performs its advisory services is located at 2000 Mckinney Avenue, Dallas, TX 75201, 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 214-559-9972. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at belmontgroup.com.