Eagle Trading Systems Inc. (Princeton)

Name: Eagle Trading Systems Inc.
Address: 47 Hulfish Street, Princeton, NJ, 08542
Telephone: 609-688-2060

Eagle Trading Systems Inc. is a large advisory firm based in Princeton. It manages $289.37 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2009.

Eagle Trading Systems 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.

Eagle Trading Systems: assets under management

The assets under management (AUM) of Eagle Trading Systems Inc. is $289.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 382% since the beginning of its operation, and $14.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $289.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $26.31 million each.

Eagle Trading Systems has custody of $83.21 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in derivatives form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Eagle Trading Systems 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.

What kind of clients Gil Sternberg serves?

The only and largest group of clients of Gil Sternberg is pooled investment vehicles with 4 clients and $93.9 million of assets under management. Among the 10 most similar advisory firms, Eagle Trading Systems has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $93.9 million for 4 clients. 50% of the firm’s clients are foreign persons or businesses.

Eagle Trading Systems also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Eagle Trading Systems Inc.

The company employs 17 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.

Gil Sternberg has been acting as President since 1 May 2008. William Edward Jacoby joined the executive team most recently as the Chief Financial Officer, Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Liora Sternberg	Shareholder	1 May 1993	50% - 75%	2367220
Menachem Sternberg	Chief executive officer, president, shareholder and director	1 Jan 1997	50% - 75%	1724630
Eileen Mcfarlane Kovacs	Chief financial officer, co-chief operating officer	1 Sep 2005	Other	5678092
Eileen Rebele	Chief financial officer, chief operating officer	1 Sep 2005	Other	5678092
Gil Sternberg	Director	1 May 2008	Other	5678093
Michael Scott Emanuel	Chief compliance officer, co-chief operating officer	1 Jun 2010	Other	4608068
Donald Scott Johnston	Director of investment relations	1 Jan 2013	Other	2534966
Robert Reed Rodman	Director of marketing	1 May 2015	Other	2647926
Farzine Cyrus Hachemian	Director of investment strategies	1 Feb 2017	Other	3121998
William Edward Jacoby	Chief financial officer, chief operating officer	1 Oct 2018	Other	1933231

Based in Princeton

The principal office where Eagle Trading Systems Inc. performs its advisory services is located at 47 Hulfish Street, Princeton, NJ 08542, 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 609-688-2060 or by fax 609-688-2099. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at eaglets.com.