Starr Investment Holdings, LLC (New York)

Starr Investment Holdings provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Starr Investment Holdings: assets under management

The assets under management (AUM) of Starr Investment Holdings, LLC is $2.03 billion. The firm's AUM has gone down by -44% since the beginning of its operation, and $2.17 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.57 billion in discretionary accounts and $461.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $78.56 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $153.74 million.

Starr Investment Holdings has custody of $839.43 million in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Starr Investment Holdings, 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 Starr Investment Holdings serves?

The only and largest group of clients of Starr Investment Holdings is pooled investment vehicles with 21 clients and $2.03 billion of assets under management. Among the 11 most similar advisory firms, Starr Investment Holdings has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.03 billion for 21 clients. 17% of the firm’s clients are foreign persons or businesses.

Starr Investment Holdings also advises several private funds. Namely, twelve private equity funds.

Careers at Starr Investment Holdings, LLC

The company employs 13 people that are either part- or full-time employees. 62 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

Indirect Owners

The SEC currently registers 6 indirect owners.

Based in New York

The principal office where Starr Investment Holdings, LLC performs its advisory services is located at 399 Park Avenue, New York, NY 10022 4681, 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 212-419-5692. The normal business hours are 9 a.m. - 6 p.m. on Monday - Friday. You can find more information about the New York firm at starrholdings.com.

Registered investment advisers similar to Starr Investment Holdings, LLC

• New Frontier Management Company
• Ponder Investment
• Shanghai Fosun Chuangfu Equity Investment Management Company
• Peak Rock Capital
• Varadero Capital
• Hyperion Gmac Capital Advisors
• Beaumont Financial Partners
• Gwn Securities
• Squadron Capital Advisors Limited
• Breton Hill Capital
• Prospect Ridge Advisors
• Freestone Capital Management
• Sterling Fund Management
• Southeast Asset Advisors
• Toscafund Asset Management