Platinum Equity Advisors, LLC (Beverly Hills)


Platinum Equity Advisors, LLC is a large advisory firm based in Beverly Hills. It manages $11.55 billion of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Connecticut, and Massachusetts.

Platinum Equity 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.

Platinum Equity Advisors: assets under management

The assets under management (AUM) of Platinum Equity Advisors, LLC is $11.55 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 215% since the beginning of its operation, and $207.27 million of the total AUM is attributable to clients outside of the United States.

The firm manages $11.55 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $122.86 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Platinum Equity 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 T. Tom Gores serves?

The only and largest group of clients of T. Tom Gores is pooled investment vehicles with 94 clients and $11.55 billion of assets under management. Among the 10 most similar advisory firms, Platinum Equity Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $11.55 billion for 94 clients. 18% of the firm’s clients are foreign persons or businesses.

Platinum Equity Advisors also advises several private funds. Namely, ninety four private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Platinum Equity Advisors, LLC

The company employs 199 people that are either part- or full-time employees. 80 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.

T. Tom Gores has been acting as President since 1 Oct 2003. Suneet Krishna Agarwal joined the executive team most recently as the General Counsel And Secretary.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Platinum Equity Investment Holdings Member 1 Mar 2003 75% - 100% 20-0342813
T. Tom Gores Chairman/chief executive officer 1 Oct 2003 Other 6028835
Eva Monica Kalawski Chief legal officer/general counsel 1 Oct 2003 Other 6028837
Gores 2003 Investment Trust Member 1 Oct 2003 Other 20-6109561
Mary Ann Sigler Chief financial officer/chief compliance officer 1 Sep 2006 Other 6028836
Eva Monica Kalawski Chief legal officer/general counsel 1 Apr 2007 Other 6028837
Llc Platinum Equity Advisors Holdings Member 1 Dec 2017 50% - 75% 82-3706920
Dyal Capital Partners Post Advisor Aggregator Lp Member 1 Dec 2017 Other 98-1402416
Dyal Capital Partners Post Advisor (De) Aggregator Lp Member 1 Jun 2018 Other 82-5514090
Suneet Krishna Agarwal General counsel and secretary 1 Jul 2018 Other 6029202

Indirect Owners

The SEC currently registers 20 indirect owners.

Name Entity Date acquired Ownership Employer ID
T. Tom Gores Manager 1 Dec 1997 Other 6028835
Holly C. Gores Trustee 1 Jan 1999 Other 6177878
T. Tom Gores Trustee 1 Jan 1999 Other 6028835
Llc Platinum Equity Member 1 Mar 2003 75% - 100% 95-4666134
1999 As Amended Gores Trust Dated January 26 Member 1 Sep 2003 75% - 100% 6028835
T. Tom Gores Shareholder 1 Nov 2003 Other 6028835
Richard Jackson Locklin Trustee 1 Dec 2010 Other 6028838
Nb Dyal Associates Iii Lp General partner 1 Feb 2015 Other 98-1229593
Nb Dyal Associates Iii Lp Manager 1 Mar 2015 Other 98-1229593
Dyal Iii Us Investors Lp Limited partner 1 Apr 2015 25% - 50% 47-3351137
Dyal Iii Offshore Investors Lp Member 1 Apr 2015 75% - 100% 98-1229599
Dyal U.S. Iii Llc Limited partner 1 Apr 2015 50% - 75% 47-3340524
Dyal U.S. Iii Llc Limited partner 1 Oct 2015 50% - 75% 47-3340524
Nb Dyal Gp Holdings Llc General partner 1 Nov 2017 Other 27-2302165
Dyal Capital Partners Iii (A) Lp Limited partner 1 Nov 2017 75% - 100% 98-1229602
Llc Platinum Equity Investment Holdings Member 1 Dec 2017 75% - 100% 20-0342813
Mary Ann Sigler Manager 1 Dec 2017 Other 6028836
Nb Dyal Gp Holdings Llc General partner 1 May 2018 Other 27-2302165
Dyal Capital Partners Iii (A) Lp Limited partner 1 May 2018 75% - 100% 98-1229602
Dyal Capital Partners Iii Holdings (A) Lp Limited partner 1 May 2018 75% - 100% 82-5474541

Based in Beverly Hills

The principal office where Platinum Equity Advisors, LLC performs its advisory services is located at 360 North Crescent Drive, Beverly Hills, CA 90210 2529, which is also the mailing address of the firm. An additional office of the firm is in Dedham, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-712-1850 or by fax 310-712-1863. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at platinumequity.com.