Aurmedis Global Investors LP (New York)


Aurmedis Global Investors LP is a mid-sized advisory firm based in New York. It manages $55.95 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2016.

Aurmedis Global Investors 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.

Aurmedis Global Investors: assets under management

The assets under management (AUM) of Aurmedis Global Investors LP is $55.95 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 108% since the beginning of its operation, and $10 of the total AUM is attributable to clients outside of the United States.

The firm manages $55.95 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.97 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aurmedis Global Investors LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Aurmedis Global Investors serves?

The firm provides services to other investment advisers and pooled investment vehicles. The largest group of clients of Aurmedis Global Investors is pooled investment vehicles with 3 clients and $41.72 million of assets under management. Among the 3 most similar advisory firms, Aurmedis Global Investors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $55.95 million for 3 clients. 50% of the firm’s clients are foreign persons or businesses.

Aurmedis Global Investors also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Aurmedis Global Investors LP

The company employs 8 people that are either part- or full-time employees. 63 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
Chirag Girish Vasavada Director of research 1 May 2016 Other 6692230
Anthony Rocco Chiasson Senior managing member 1 May 2016 75% - 100% 2813892
Neil Schwartz General counsel/chief compliance officer 1 Jun 2016 Other 5205788
Marc David Abel Chief financial officer 1 Jul 2016 Other 4960469

Based in New York

The principal office where Aurmedis Global Investors LP performs its advisory services is located at 320 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Hermosa Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-690-7508. The normal business hours are 9am-5pm on Monday - Friday.