Glaxis Capital Management, LLC (Sarasota)

Name: Glaxis Capital Management, LLC
Address: 443 John Ringling Blvd, Sarasota, FL, 34236
Telephone: (941) 556 5333

Glaxis Capital Management, LLC is a large advisory firm based in Sarasota. It manages $100.6 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida, Minnesota, and Wisconsin.

Glaxis Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Glaxis Capital Management: assets under management

The assets under management (AUM) of Glaxis Capital Management, LLC is $100.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $100.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.15 million each.

Glaxis Capital Management has custody of $95.25 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 37% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 29% of the firm’s portfolio. Investments in government bonds form 28% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Glaxis Capital Management, 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.

What kind of clients Glaxis Capital Management serves?

The firm provides services to high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Glaxis Capital Management is pooled investment vehicles with 1 clients and $95.25 million of assets under management. Among the 9 most similar advisory firms, Glaxis Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $100.6 million for 4 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.

Glaxis Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Glaxis Capital Management, LLC

The company employs 6 people that are either part- or full-time employees. 50 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 compensates 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
Paul Vernon Holland	Managing director	1 Jan 2005	Other	1667721
Matthew Marc Miller	Managing director	1 Jan 2005	Other	4912452
Llc Glaxis	Member	1 Jul 2008	75% - 100%	261384735
Andrew John Copa	Chief compliance officer and chief financial officer	1 Jul 2008	Other	5574216
Kenneth Brian Fried	Portfolio manager	1 Nov 2008	Other	2172162

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Paul Vernon Holland	Managing member	1 Jul 2008	25% - 50%	1667721
Richard Heath Proctor	Member	1 Jul 2008	Other	368200
Matthew Marc Miller	Managing member	1 Nov 2008	25% - 50%	4912452

Based in Sarasota

The principal office where Glaxis Capital Management, LLC performs its advisory services is located at 443 John Ringling Blvd, Sarasota, FL 34236, 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 (941) 556 5333 or by fax (941) 556 5330. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at glaxisllc.com.