Algert Global LLC (San Francisco)


Algert Global LLC is a large advisory firm based in San Francisco. It manages $2.79 billion of regulatory assets for 36 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California and New York.

Algert Global provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and portfolio management for foreign registered investment company (ucits). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Algert Global: assets under management

The assets under management (AUM) of Algert Global LLC is $2.79 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 162% since the beginning of its operation, and $1.48 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.79 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $77.52 million each.
Algert Global has custody of $778.54 million in cash and securities for 10 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Algert Global 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 Algert Global serves?

The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Algert Global is pooled investment vehicles with 10 clients and $1.58 billion of assets under management. Among the 7 most similar advisory firms, Algert Global has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.79 billion for 36 clients. 25% of the firm’s clients are foreign persons or businesses.

Algert Global also advises several private funds. Namely, four hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Algert Global LLC

The company employs 24 people that are either part- or full-time employees. 38 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
Peter Michael Algert Managing member 1 Jun 2002 50% - 75% 4501880
Jamshaud Zovein Chief operating officer 1 Jun 2014 Other 4683864
Wendy Wu Shang Chief compliance officer 1 Jul 2014 Other 4577448
Andrew Sonick Member 1 Mar 2015 Other 6471223
Abraham Ives Zeigler Member 1 Mar 2015 Other 4029490
Scott A Draper Member 1 Mar 2015 Other 4320604
Andrew Jared Sonick Member 1 Mar 2015 Other 6471223
Scott Anthony Draper Member 1 Mar 2015 Other 4320604
Andrew Jared Solnick Member 1 Mar 2015 Other 6471223
Peter Thomas Comerford Chief operating officer 1 Sep 2016 Other 6705655
Ryan Zentner Lafond Deputy chief investment officer 1 Jan 2017 25% - 50% 3263381

Based in San Francisco

The principal office where Algert Global LLC performs its advisory services is located at 101 California Street, San Francisco, CA 94111, 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 415-675-7300 or by fax 415-463-7865. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at algertglobal.com.