Linden Advisors LP (New York)


Linden Advisors LP is a large advisory firm based in New York. It manages $8.99 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Linden Advisors 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.

Linden Advisors: assets under management

The assets under management (AUM) of Linden Advisors LP is $8.99 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3267% since the beginning of its operation, and $8.99 billion of the total AUM is attributable to clients outside of the United States.


The firm manages $8.99 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.25 billion each.
Linden Advisors has custody of $8.55 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Linden Advisors 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 Linden Advisors serves?

The only and largest group of clients of Linden Advisors is pooled investment vehicles with 4 clients and $8.99 billion of assets under management. Among the 9 most similar advisory firms, Linden Advisors has the 2nd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $8.99 billion for 4 clients. 75% of the firm’s clients are foreign persons or businesses.

Linden Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Linden Advisors LP

The company employs 32 people that are either part- or full-time employees. 59 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.

Saul S Ahn joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Siu Min (Joe) Wong Chief executive officer, limited partner 1 May 2003 Other 3099770
Siumin Wong Chief executive officer 1 May 2003 Other 3099770
Siumin (Nmn) Wong Chief executive officer, limited partner 1 May 2003 Other 3099770
Craig Marc Jarvis Chief financial officer and chief compliance officer 1 May 2004 Other 1551916
Linden Hld Llc General partner 1 Jun 2004 75% - 100% 20-1311937
James Thomas Delaney Chief operating officer 1 Sep 2008 Other 2417784
Saul S Ahn Chief legal officer 1 Apr 2011 Other 6048508
Saul S Ahn Chief compliance officer 1 Jun 2016 Other 6048508
Vincent Paul Leva Chief financial officer 1 Jun 2016 Other 1773332

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Siu Min (Joe) Wong Managing member 1 Jun 2004 75% - 100% 3099770
Siumin Wong Managing member 1 Jun 2004 75% - 100% 3099770
Siumin (Nmn) Wong Managing member 1 Jun 2004 75% - 100% 3099770

Based in New York

The principal office where Linden Advisors LP performs its advisory services is located at 590 Madison Avenue, 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 646-840-3500 or by fax 646-840-3625. The normal business hours are 8:00 am to 6:00 pm on Monday - Friday.