A.R.T. Advisors, LLC (New York)


A.R.T. Advisors, LLC is a large advisory firm based in New York. It manages $2.96 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

A.R.T. Advisors provides 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.

A.R.T. Advisors: assets under management

The assets under management (AUM) of A.R.T. Advisors, LLC is $2.96 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 72% since the beginning of its operation, and $2.96 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.96 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $986.92 million each.
A.R.T. Advisors has custody of $2.96 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay A.R.T. Advisors, 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 A.R.T. Advisors serves?

The only and largest group of clients of A.R.T. Advisors is pooled investment vehicles with 3 clients and $2.96 billion of assets under management. Among the 10 most similar advisory firms, A.R.T. Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.96 billion for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

A.R.T. Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at A.R.T. Advisors, LLC

The company employs 28 people that are either part- or full-time employees. 57 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
Aaron M Sosnick Manager and chairman 1 Aug 2001 75% - 100% 2049980
John Paul Singer Vice president 1 Apr 2010 Other 2301706
Vadim Khidekel Secretary 1 Apr 2010 Other 5517754
Edward Marc Fromme Assistant secretary 1 Apr 2010 Other 2002140
Caxton Alternative Management Lp Member 1 Jan 2012 25% - 50% 27-2801354
Ajay Mehra Chief compliance officer 1 Mar 2012 Other 4888834
Joseph Maurice Dibartolo Chief compliance officer 1 Jul 2012 Other 1626360
Benjamin Douglas Pierson Chief operating officer / general counsel 1 Sep 2012 Other 6175389
Erica Jude Laudano Chief compliance officer / associate general counsel 1 Jul 2013 Other 3022462
Marc Lee Weinberger Chief financial officer 1 Jan 2017 Other 4775499
Vijay Prabhakar Director of trading and technology 1 Dec 2018 Other 4857327
Jill Arnold Chief compliance officer and associate general counsel 1 Jun 2019 Other 5116545

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bruce Stanley Kovner Sole shareholder 1 Feb 1983 75% - 100% 1907854
Caxton Corporation General partner 1 Oct 2011 75% - 100% 22-2437619

Based in New York

The principal office where A.R.T. Advisors, LLC performs its advisory services is located at 500 Park Avenue, New York, NY 10022, 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 212-303-0505 or by fax 212-980-4582. The normal business hours are 9:00am-5:00pm on Monday - Friday.