Virtus Etf Advisers LLC (New York)

Virtus Etf Advisers LLC is a large advisory firm based in New York. It manages $667.61 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

Virtus Etf Advisers provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Virtus Etf Advisers: assets under management

The assets under management (AUM) of Virtus Etf Advisers LLC is $667.61 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 603% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $667.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $60.69 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Virtus Etf Advisers LLC for their services and products based on a percentage of assets under management. 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 Brinton Wesley Frith serves?

The only and largest group of clients of Brinton Wesley Frith is investment companies with 11 clients and $667.61 million of assets under management. Among the 7 most similar advisory firms, Virtus Etf Advisers has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $667.61 million for 11 clients. None of the firm’s clients are foreign persons or businesses.

Virtus Etf Advisers doesn't advise any private funds.

Careers at Virtus Etf Advisers LLC

The company employs 8 people that are either part- or full-time employees. 25 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.

Brinton Wesley Frith has been acting as President since 1 Aug 2013. Chetram Persaud joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Barrett Brown	Chief operating officer	1 Jul 2012	Other	4859559
William Justin Smalley	Managing director	1 Jul 2012	Other	5278853
Brinton Wesley Frith	President	1 Aug 2013	Other	2308800
Etfis Holdings Llc	Sole member	1 Apr 2015	75% - 100%	47-3207117
Yvonne I (Mi Only) Pytlik	Chief compliance officer	1 Apr 2015	Other	4337433
George Robert Aylward	Executive vice president	1 Apr 2015	Other	4932163
Michael Aaron Angerthal	Executive vice president	1 Apr 2015	Other	5632934
Chetram Persaud	Chief compliance officer	1 Oct 2015	Other	2655607

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Virtus Investment Partners	Shareholder of virtus partners inc	1 Mar 2012	75% - 100%	26-3962811
Inc. Virtus Partners	Member of etfis holdings llc	1 Apr 2015	50% - 75%	95-4191764
Inc. Etfis Holdings	Member of etfis holdings llc	1 Apr 2015	25% - 50%	47-3215163

Based in New York

The principal office where Virtus Etf Advisers LLC performs its advisory services is located at 1540 Broadway, New York, NY 10036, 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 212-593-4383 or by fax 212-593-4384. The normal business hours are 9am - 5pm on Monday - Friday.