The Gores Group, LLC (Beverly Hills)

Name: The Gores Group, LLC
Address: 9800 Wilshire Boulevard, Beverly Hills, CA, 90212
Telephone: 310-209-3010

The Gores Group, LLC is a large advisory firm based in Beverly Hills. It manages $882.17 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, and Connecticut.

The Gores 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 Gores Group: assets under management

The assets under management (AUM) of The Gores Group, LLC is $882.17 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -74% since the beginning of its operation, and $13.67 million of the total AUM is attributable to clients outside of the United States.

The firm manages $882.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.51 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Gores 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.

What kind of clients The Gores Group serves?

The only and largest group of clients of The Gores Group is pooled investment vehicles with 12 clients and $882.17 million of assets under management. Among the 7 most similar advisory firms, The Gores Group has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $882.17 million for 12 clients. 50% of the firm’s clients are foreign persons or businesses.

The Gores Group also advises several private funds. Namely, twelve private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at The Gores Group, LLC

The company employs 29 people that are either part- or full-time employees. 34 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.

Catherine Joan Pollard joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Craig Yager	Senior managing director	1 Dec 1993	Other	6029294
Alec Elias Gores	Chief executive officer	1 Dec 1993	Other	4815489
Scott Michael Honour	Senior managing director	1 Oct 2002	Other	2171746
Llc Aeg Holdings	Sole member	1 Jan 2004	75% - 100%	20-0609322
Joseph Paul Page	Chief financial officer/chief operating officer	1 Jun 2004	Other	6029292
Mark Ronald Stone	Senior managing director	1 Apr 2005	Other	6029301
Steven Glenn Eisner	Chief legal officer/chief compliance officer	1 Jan 2008	Other	6029303
Edward Anthony Johnson	Sr. managing director	1 Jan 2016	Other	4754736
Jennifer Kwon Chou	Managing director	1 Jan 2016	Other	4569922
Jennifer Kwon Chow	Sr. managing director	1 Jan 2016	Other	4569922
Catherine Joan Pollard	Chief financial officer	1 Jan 2017	Other	6744116

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Alec Elias Gores	Manager	1 Jan 2004	75% - 100%	4815489

Based in Beverly Hills

The principal office where The Gores Group, LLC performs its advisory services is located at 9800 Wilshire Boulevard, Beverly Hills, CA 90212, which is also the mailing address of the firm. An additional office of the firm is in Boulder, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-209-3010 or by fax 310-209-3310. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at gores.com.