The Electrum Group LLC is a large advisory firm based in New York. It manages $1.09 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Colorado.
The Electrum 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 The Electrum Group LLC is $1.09 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -40% since the beginning of its operation, and $1.09 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay The Electrum Group LLC 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.
The only and largest group of clients of Michael Halbert Williams is pooled investment vehicles with 5 clients and $1.09 billion of assets under management. Among the 12 most similar advisory firms, The Electrum Group has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.09 billion for 5 clients. 100% of the firm’s clients are foreign persons or businesses.
The Electrum Group also advises several private funds. Namely, three private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 15 people that are either part- or full-time employees. 67 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.
Michael Halbert Williams has been acting as President since 1 Mar 2012. Ali Reza Erfan joined the executive team most recently as the Director And Co Vice Chairman.
The principal office where The Electrum Group LLC performs its advisory services is located at 535 Madison Avenue, 12 Th Floor, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 646-365-1600 or by fax 646-365-1601. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.