Optima Asset Management LLC is a large advisory firm based in New York. It manages $933.79 million of regulatory assets for 23 client accounts. It has been registered with the SEC as an adviser since 2019.
Optima Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Optima Asset Management LLC is $933.79 million. $189.1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Optima Asset Management LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to investment companies, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Optima Asset Management is pooled investment vehicles with 15 clients and $662.17 million of assets under management. Among the 8 most similar advisory firms, Optima Asset Management has the 4th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $933.79 million for 23 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 52% of the firm’s clients are foreign persons or businesses.
Optima Asset Management also advises several private funds. Namely, eleven hedge funds and two other private funds. The minimum investment commitment required of non-related persons ranges from $5,000 to $250,000.
The company employs 25 people that are either part- or full-time employees. 40 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.
Geoffrey Manfred Lewis joined the executive team most recently as the Chief Financial Officer.
The principal office where Optima Asset Management LLC performs its advisory services is located at 10 East 53 Rd Street, 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 212-484-3000 or by fax 212-484-3001. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at optima.com.