Foliobeyond, LLC (New York)

Name: Foliobeyond, LLC
Address: 1325 Avenue Of The Americas, New York, NY, 10019
Telephone: 212-246-4234

Foliobeyond, LLC is a mid-sized advisory firm based in New York. It manages $28.5 million of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2018.

Foliobeyond provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and risk-adjusted advice (using an internet platform only). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Foliobeyond: assets under management

The assets under management (AUM) of Foliobeyond, LLC is $28.5 million. The firm's AUM has grown by 9400% since the beginning of its operation, and $11.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $22.8 million in discretionary accounts and $5.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.2 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.7 million.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Foliobeyond, LLC for their services and products based on a percentage of assets under management and fixed 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 Foliobeyond serves?

The firm provides services to investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of Foliobeyond is high net worth individuals with 19 clients and $11.5 million of assets under management. Among the 3 most similar advisory firms, Foliobeyond has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $28.5 million for 21 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.

Foliobeyond doesn't advise any private funds.

Careers at Foliobeyond, LLC

The company employs 7 people that are either part- or full-time employees. 71 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.

Samir Varma has served as the Chief Investment Officer since 1 Dec 2017 and Yung Chan Lim is the Chief Executive Officer of Foliobeyond, LLC family office. Inc. Ispd joined the executive team most recently as the Owner/Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samir Varma	Chief investment officer	1 Dec 2017	Other	2630104
Llc Treesdale Partners	Owner/member	1 Dec 2017	75% - 100%	132920
Yung Chan Lim	Chief executive officer	1 Dec 2017	Other	1741749
Inc. Ispd	Owner/member	1 Jul 2018	Other	9999999
David Edward Mcclean	Chief compliance officer	1 Jul 2018	Other	1211045

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Samir Varma	Owner	1 Aug 2002	75% - 100%	2630104
Yung Chan Lim	Owner/member	1 Oct 2002	75% - 100%	1741749

Based in New York

The principal office where Foliobeyond, LLC performs its advisory services is located at 1325 Avenue Of The Americas, New York, NY 10019, 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 212-246-4234. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at foliobeyond.com.