Poet Advisors LLC (New York)

Poet Advisors LLC is a large advisory firm based in New York. It manages $368.27 million of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Poet Advisors provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Poet Advisors: assets under management

The assets under management (AUM) of Poet Advisors LLC is $368.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 540% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $368.27 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $28.33 million each.

Investments

The firm invests in other assets the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Poet Advisors 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 Poet Advisors serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Poet Advisors is pooled investment vehicles with 8 clients and $344.41 million of assets under management. Among the 11 most similar advisory firms, Poet Advisors has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $368.27 million for 13 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.

Poet Advisors also advises several private funds. Namely, one real estate fund and seven private equity funds. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at Poet Advisors LLC

The company employs 1 person that is either a part- or full-time employee. 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
Adam Nathaniel Berkowitz	Managing member/chief compliance officer	1 Sep 2009	75% - 100%	xxx-xx-xxxx
Eric Zachary Berkowitz	Member	1 Sep 2009	Other	xxx-xx-xxxx
Eric Zacahary Berkowitz	Member	1 Sep 2009	Other	xxx-xx-xxxx

Based in New York

The principal office where Poet Advisors LLC performs its advisory services is located at 1330 Avenue Of The Americas, New York, NY 10019, 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 (212) 643-8999 or by fax 212-918-7952. The normal business hours are 9:00am-5:00pm on Monday - Friday.