Ugvp Management, LLC (Chapel Hill)

Name: Ugvp Management, LLC
Address: 301 W. Barbee Chapel Rd., Chapel Hill, NC, 27517
Telephone: 866-491-8550

Ugvp Management, LLC is a large advisory firm based in Chapel Hill. It manages $452.4 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of North Carolina.

Ugvp Management provides 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.

Ugvp Management: assets under management

The assets under management (AUM) of Ugvp Management, LLC is $452.4 million. The firm's AUM has grown by 350% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $197.35 million in discretionary accounts and $255.06 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.34 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $127.53 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ugvp Management, LLC 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.

What kind of clients Ugvp Management serves?

The only and largest group of clients of Ugvp Management is pooled investment vehicles with 6 clients and $452.4 million of assets under management. Among the 12 most similar advisory firms, Ugvp Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $452.4 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Ugvp Management also advises several private funds. Namely, five venture capital funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $100,000,000.

Careers at Ugvp Management, LLC

The company employs 3 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 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
Patrick Andrew Cairns	Managing member and chief compliance officer	1 Mar 2014	25% - 50%	2776852
John Armistead Spilman	Managing mamber	1 Mar 2014	25% - 50%	2318135
Gregory Harper Bohlen	Managing member	1 Mar 2014	25% - 50%	2154113

Based in Chapel Hill

The principal office where Ugvp Management, LLC performs its advisory services is located at 301 W. Barbee Chapel Rd., Chapel Hill, NC 27517, which is also the mailing address of the firm. An additional office of the firm is in Chatham, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 866-491-8550 or by fax 866-480-5880. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ugvp.com.