Virgo Investment Group LLC is a large advisory firm based in Burlingame. It manages $1.03 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.
Virgo Investment Group 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.
The assets under management (AUM) of Virgo Investment Group LLC is $1.03 billion. The firm's AUM has grown by 176% since the beginning of its operation, and $318.22 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Virgo Investment Group 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.
The only and largest group of clients of Virgo Investment Group is pooled investment vehicles with 13 clients and $981.26 million of assets under management. Among the 12 most similar advisory firms, Virgo Investment Group has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $981.26 million for 13 clients. 31% of the firm’s clients are foreign persons or businesses.
Virgo Investment Group also advises several private funds. Namely, seven private equity funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.
The company employs 18 people that are either part- or full-time employees. 39 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.
Jesse Colin Watson has served as the Chief Investment Officer since 1 May 2009. Gary Lewis Krauthamer joined the executive team most recently as the Partner.
The principal office where Virgo Investment Group LLC performs its advisory services is located at 1201 Howard Avenue, Burlingame, CA 94010, which is also the mailing address of the firm. An additional office of the firm is in Summit, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 650-486-1953 or by fax 650-461-9117. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at virgo-llc.com/ and its LinkedIn profile.