Dakota Pacific Global Macro Advisers LP (Salt Lake City)

Name: Dakota Pacific Global Macro Advisers LP
Address: 299 South Main Street, Salt Lake City, UT, 84111
Telephone: (801) 961-1139

Dakota Pacific Global Macro Advisers LP is a large advisory firm based in Salt Lake City. It manages $125.49 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017.

Dakota Pacific Global Macro Advisers provides portfolio management for individuals and small businesses and 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.

Dakota Pacific Global Macro Advisers: assets under management

The assets under management (AUM) of Dakota Pacific Global Macro Advisers LP is $125.49 million. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30.6 million in discretionary accounts and $94.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $30.6 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $47.44 million.

Investments

The firm invests in other assets the most. They account for 95% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dakota Pacific Global Macro Advisers LP 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 Dakota Pacific Global Macro Advisers serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Dakota Pacific Global Macro Advisers is pooled investment vehicles with 2 clients and $78.95 million of assets under management. Among the 8 most similar advisory firms, Dakota Pacific Global Macro Advisers has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $125.49 million for 3 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Dakota Pacific Global Macro Advisers also advises several private funds. Namely, one hedge fund and one private equity fund. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Dakota Pacific Global Macro Advisers LP

The company employs 2 people that are either part- or full-time employees. 100 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

Name	Entity	Date acquired	Ownership	Employer ID
Ryan James Kanaley	Cco	1 Jan 2017	Other	6824769
Matthew Woodruff Lambert	Managing member	1 Jan 2017	50% - 75%	4970306
John R Miller	Member	1 Jan 2017	50% - 75%	6133547
Dakota Pacific Global Macro Gp Llc	General partner	1 Jan 2017	Other	81-5338769
Collin David Snow	Chief financial officer	1 Jan 2017	Other	6823842

Based in Salt Lake City

The principal office where Dakota Pacific Global Macro Advisers LP performs its advisory services is located at 299 South Main Street, Salt Lake City, UT 84111, 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 (801) 961-1139 or by fax (801) 961-1135. The normal business hours are 7:30 mst - 5 mst on Monday - Friday. You can find more information about the New York firm at jrmiller.com/dakota-pacific-global-macro/.